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"Value added" is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing.


Peter Drucker
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"Peter Drucker Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/Value-added-is-a-meaningless-concept-for-951421>.





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Quote Description


This page presents the quote "&quot;Value added&quot; is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing.". Author of this quote is Peter Drucker. This quote is about engaged, manufacturing, life, retail business, retail, business, meaningless, company, insurance companies,.