Around Quote by Charles M. Schwab
“A concern that produces its own raw materials, and works them up through the various processes until it delivers the manufactured product in the domestic or foreign market, can work on a narrower margin all around, and yet do full justice to its stockholders and employees.”
About This Quote
Source Speech: Business Lecture, Charles M. Schwab, early 20th century
Efficiently managing production and costs can satisfy stakeholders even with thin profit margins.
In simple terms: Good management balances cost and quality.
Key Takeaway
Focus on efficiency and stakeholder value.
Themes
business
efficiency
stakeholder value
Mood
pragmatic
analytical
Type
advisory
strategic
When to use this quote
- manufacturing
- financial planning
- shareholder meetings
- employee relations
Key Concepts
cost control
production processes
margin management
Questions to Reflect On
- How can companies protect quality while cutting costs?
- What trade‑offs are acceptable for shareholders?
A Different Perspective
Thin margins can limit reinvestment and growth.
