Jack Welch Quotes

A company's best advantage should be a quality product offered at the right price. That fair competition is what drives innovation.

We're going to make the product as good as we can, and we're going to try to put it out as reasonably priced as we can. We don't want a $600 shirt. We want a shirt which is around $100.

All failed companies are the same: they failed to escape competition.

A market is never saturated with a good product, but it is very quickly saturated with a bad one.

There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.

If the other fellow sells cheaper than you, it is called dumping. 'Course, if you sell cheaper than him, that's mass production.

The world has become rapidly more competitive.

You just have to make sure the model you're working on does not undersell your product.

It's easier to build a business around a first-class product, even if it's a more expensive product to produce.

If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business.

If you make a really good product that people want and are willing to pay for, money will come.

The marketers can compete with free; it just has to be better. Look at bottled water if you don't believe me.

Ukrainian business must really embrace global competition. We need to understand that competition for resources and clients is not with competitors from across the street or from another city, but with millions of businesses around the world.

Competition to the economist is predatory pricing to the business person.

At the end of the day, we have to find a way to compete better with the world.

We are market based and have to differentiate our product in many ways; pricing isn't the only one.

The reality of life is, if you have a bagel shop and everybody is pouring into the doughnut shop across the street, if you want to stay in business, you start selling doughnuts.

When you're out of quality, you're out of business.

We in America can compete successfully with anyone in the world, and we're going to.

I think the environment has become more competitive. That has made Indian industry more concerned with a) its customers, b) the quality of its products, and c) its brand image in the marketplace.

As long as you keep doing the right thing and have the best product, you can beat the bigger company.

I wanted the best for my company, I had to do what I did to succeed. Everyone was lowering their prices to beat there competition so I did the same I eventually beat my competition.

Differentiate your products, provide great service and don't even think about trying to compete with Wal-Mart on Price.

Business is a game, played for fantastic stakes, and you're in competition with experts. If you want to win, you have to learn to be a master of the game.

I can't force the direction that it's going to go without actually taking the time to make sure it's a great, great quality product. Whether that's for apparel, or whatever the case may be.