W. Edwards Deming quote

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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 be paid less, so to maintain profits, you increase your prices. That's inflation.
W. Edwards Deming
W. Edwards Deming
W. Edwards Deming
Born: Oct 14, 1900
Died: Dec 20, 1993

Topics

You, Quality, Inflation, Increase, High, Stay, Costs, Prices, Maintain, Sell, Want, Declining, Much, Workers, Means, Production, Paid, Your, Productivity, Less, Unit, Profits

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Cite this page: Citation

Related Authors

Ben Carson, Carl Sagan, E. O. Wilson, George Washington Carver, Isaac Asimov, Margaret Mead, Neil deGrasse Tyson, Sylvia Earle

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