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October 31, 2007

News & Opinion: Save your money, forget school...Here is what business is

By: Jack @ 1:37 PM – Filed under: Management & Workplace Culture

From The HP Way, is the best description of what "Business" is:
At Hewlett-Packard (and other companies as well), people, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.

Now you know how its done!