Believe Quote by Lakshmi Mittal
“We do not believe in oversupplying the market. When you are a large company, you can afford to do it. When you are a small player, your flexibility gets reduced.”
About This Quote
Source Interview: Business magazine, 2018
Large firms can absorb excess supply, but smaller firms lose flexibility, so market oversupply is not universally harmful.
In simple terms: Oversupply harms small firms.
Consider scale when managing supply levels.
Themes
Mood
Type
When to use this quote
- entrepreneurship
- corporate planning
- policy making
- risk assessment
Key Concepts
Questions to Reflect On
- How can small businesses stay agile in volatile markets?
- What policies support balanced supply across company sizes?
Small firms may suffer from excess inventory.