--- title: "Meaning & Key Takeaway of: A concern that produces its own raw…" description: "\"A concern that produces its own raw materials, and works them up through the various processes until it delivers the manufactured product in the domest..." image: "https://sms4smile.com/quotes/i/ebf/charles-m-schwab-4260_around_a-concern-that-produces-its-own-raw-mate_922338.png" --- # A concern that produces its own raw materials, and works… ![“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.” quote by Charles M. Schwab](https://sms4smile.com/quotes/i/ebf/charles-m-schwab-4260_around_a-concern-that-produces-its-own-raw-mate_922338.png) [Download](https://sms4smile.com/quotes/i/ebf/charles-m-schwab-4260_around_a-concern-that-produces-its-own-raw-mate_922338.png) [Open image](https://sms4smile.com/quotes/i/ebf/charles-m-schwab-4260_around_a-concern-that-produces-its-own-raw-mate_922338.png) > “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.” [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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. ★ ★ ★ ★ ★ No ratings yet [Around](https://sms4smile.com/quotes/about/around/) [Concern Produces](https://sms4smile.com/quotes/about/concern-produces-1436825/) [Delivers Manufactured](https://sms4smile.com/quotes/about/delivers-manufactured-1436826/) [Investing](https://sms4smile.com/quotes/about/investing/) [Justice](https://sms4smile.com/quotes/about/justice/) [Market](https://sms4smile.com/quotes/about/market/) [Own](https://sms4smile.com/quotes/about/own/) [Product Domestic](https://sms4smile.com/quotes/about/product-domestic-1436827/) [Raw material](https://sms4smile.com/quotes/about/raw-material/) [Raw materials](https://sms4smile.com/quotes/about/raw-materials/) [Stockholders Employees](https://sms4smile.com/quotes/about/stockholders-employees-1436828/) [Work](https://sms4smile.com/quotes/about/work/) ## Related quotes > [We're fortunate enough to live on a planet that's bathed in thousands of times more energy than we use and that's stocked with thousands…](https://sms4smile.com/quotes/ramez-naam/we-re-fortunate-enough-to-live-on-a-planet-that-s-bathed-in-thousands/) [Ramez Naam](https://sms4smile.com/quotes/author/ramez-naam/) > [History--the product, not the raw material--is a bottle with a label. 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I compare…](https://sms4smile.com/quotes/harriet-doerr/i-found-i-m-quite-happy-working-on-a-sentence-for-an-hour-or-more/) [Harriet Doerr](https://sms4smile.com/quotes/author/harriet-doerr/) > [An industry begins with the customer and his or her needs, not with a patent, a raw material, or a selling skill](https://sms4smile.com/quotes/theodore-levitt/an-industry-begins-with-the-customer-and-his-or-her-needs-not-with-a/) [Theodore Levitt](https://sms4smile.com/quotes/author/theodore-levitt/) > [The human qualities of the raw materials show through. Naivety, error, contradiction, even (as in the cursing Psalms) wickedness are not removed. The total…](https://sms4smile.com/quotes/c-s-lewis/the-human-qualities-of-the-raw-materials-show-through-naivety-error/) [C. S. Lewis](https://sms4smile.com/quotes/author/c-s-lewis/) > [Film is an editor's medium. 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He left the electricity in the cloud, the oil in the…](https://sms4smile.com/quotes/thomas-s-monson/god-left-us-the-world-unfinished-for-man-to-work-his-skill-upon-he/) [Thomas S. Monson](https://sms4smile.com/quotes/author/thomas-s-monson/) ## More by Charles M. Schwab > [Many men fail because they do not see the importance of being kind and courteous to the men under them. Kindness to everybody always…](https://sms4smile.com/quotes/charles-m-schwab/many-men-fail-because-they-do-not-see-the-importance-of-being-kind/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [Looking to the future I see in the further acceleration of science continuous jobs for our workers. Science will cure unemployment.](https://sms4smile.com/quotes/charles-m-schwab/looking-to-the-future-i-see-in-the-further-acceleration-of-science/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [In my own house, I rigged up a laboratory and studied chemistry in the evenings, determined that there should be nothing in the manufacture…](https://sms4smile.com/quotes/charles-m-schwab/in-my-own-house-i-rigged-up-a-laboratory-and-studied-chemistry-in-the/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [Any man who goes into anything in life and does it better than the average will have a successful life. If he does it…](https://sms4smile.com/quotes/charles-m-schwab/any-man-who-goes-into-anything-in-life-and-does-it-better-than-the/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [I have yet to hear an instance where misfortune hit a man because he worked overtime. I know lots of instances where it hit…](https://sms4smile.com/quotes/charles-m-schwab/i-have-yet-to-hear-an-instance-where-misfortune-hit-a-man-because-he/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [If I were asked to say the most important things that lead to a successful life, I should say that, first of all, was…](https://sms4smile.com/quotes/charles-m-schwab/if-i-were-asked-to-say-the-most-important-things-that-lead-to-a/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [I have probably purchased fifty 'hot tips' in my career, maybe even more. When I put them all together, I know I am a…](https://sms4smile.com/quotes/charles-m-schwab/i-have-probably-purchased-fifty-hot-tips-in-my-career-maybe-even-more/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [American industry is spilling over with men who started life even with the leaders, with brains just as big, with hands quite as capable.…](https://sms4smile.com/quotes/charles-m-schwab/american-industry-is-spilling-over-with-men-who-started-life-even/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [Work hard. Hard work is the best investment a man can make.](https://sms4smile.com/quotes/charles-m-schwab/work-hard-hard-work-is-the-best-investment-a-man-can-make/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [My own idea is that if the men hold any meetings or attempt to form any organization, we should be prepared to be fully…](https://sms4smile.com/quotes/charles-m-schwab/my-own-idea-is-that-if-the-men-hold-any-meetings-or-attempt-to-form/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [Nothing is more fatal to success than taking one's job as a matter of course.](https://sms4smile.com/quotes/charles-m-schwab/nothing-is-more-fatal-to-success-than-taking-one-s-job-as-a-matter-of/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [In my own house I rigged up a laboratory and studied chemistry in the evenings, determined that there should be nothing in the manufacture…](https://sms4smile.com/quotes/charles-m-schwab/in-my-own-house-i-rigged-up-a-laboratory-and-studied-chemistry-in-the-2/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [A woman worries about the future until she gets a husband, while a man never worries about the future until he gets a wife.](https://sms4smile.com/quotes/charles-m-schwab/a-woman-worries-about-the-future-until-she-gets-a-husband-while-a-man/) [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) > [The man who has done his best has done everything. The man who has done less than his best has done nothing.](https://sms4smile.com/quotes/charles-m-schwab/the-man-who-has-done-his-best-has-done-everything-the-man-who-has/) [Charles M. 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