Diminish Quote by Adam Smith

When you have more competition, you have better products and lower prices.

— Maxime Bernier

Real improvement is of slow growth only.

— Seneca the Younger

Anybody can achieve gains in quality by slowing down production. That is not what we are talking about.

— W. Edwards Deming

Improvement is nature.

— Leigh Hunt

Improvements are invented only by those who can feel that something is not good.

— Friedrich Nietzsche

Just as there's some technologies that jeopardize revenue for traditional products, there are also technologies that can significantly lower costs.

— Norman Pearlstine

We have never considered any costs as fixed. Therefore we first reduce the price to a point where we believe more sales will result.…

— Henry Ford

“Relative to manufacturers, retailers have huge fixed costs and miniscule margins: this makes their profits more susceptible to small changes in volume and pricing,…

— Greg Thain

Declining productivity and quality means your unit production costs stay high but you don't have as much to sell. Your workers don't want to…

— W. Edwards Deming

I think one of the things people don't understand is we can build more shareholder value by lowering product prices than we can by…

— Jeff Bezos

Businesses are going to innovate in how they bring prices down so people can shop the way they want.

— John Gerzema

there are all kinds of wonderful new inventions that give you nothing as owners except the opportunity to spend a lot more money in…

— Charlie Munger