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“Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses.”
 
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Author details
 
 
Alfred P. Sloan
 
Nationality:   American
 
Date of Birth:   May 23, 1875
 
Date of Death:   Feb 17,  1966
 
Profession:   Businessman
 
 
 
 
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