I know this might sound funny.
Does anyone know what is taught in college to be a CEO of a major corporation?
In other words besides luck (mazal) what does the CEO of 3M know, that someone who didn’t go to business school doesn’t?
Isn’t business simply take your cost add a percent and that’s what you sell it for? and the rest is simply to try and keep cost lower and lower.
its more of a business instinct…some people are better at it than others. some things just can not be taught in school.
Experience and demonstrated ability to lead.
there is more to that in business, when a deal is proposed what percent are they looking for?
if something cost me 20.00 to make and i sell it for 24.00. now i get my cost down to 18.00 do i sell it for less? if so why? if the 24.00 was working maybe make the extra money?
why do some swear the trick to making money is on quantity and some on quality?
why would a company that has no competition ever have a bad quarter? or year? ppl are still buying their products
chesed – if you were the CEO you wouldn’t be having those questions… you’d have the answers.