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View Diary: The wonderful world of Walmart (36 comments)

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  •  Yup. Which puts him way up on the Wal-Marts (2+ / 0-)
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    BlackSheep1, radical simplicity

    of this world.  He was smart enough to know that people are not staplers or chairs or some such thing.

    Funny, isn't it, how many current CEOs don't know what Ford did?

    You get what you pay for applies to a lot more than fine china and cars.

    Funnier still -- a few understand it, make tons of money, and the others still scratch their heads.  Places like Costco, Trader Joes, and Aldi don't exactly pay their associates CEO wages, but notably more than Wal-Mart.

    The end result for this profit-killing practice?

    Total fail!! The companies still manage to make massive profits.  Sad that old Henry would still be ahead of his time 100 years later.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Tue Nov 27, 2012 at 12:14:49 PM PST

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