[rollei_list] Re: Economics Are Not Always Practiced (Thank God)

  • From: Ardeshir Mehta <ardeshir@xxxxxxxxxxxx>
  • To: rollei_list@xxxxxxxxxxxxx
  • Date: Thu, 14 Apr 2005 00:05:43 -0400

On Wednesday, April 13, 2005, at 09:53  PM, David Seifert wrote:

>> By all appearances the economists were not consulted by Alpa during 
>> its heyday -- I have never detected any evidence of compromise.
>>
>> Doug
>
> Yes, that may be true but then again what Alpa was doing would 
> certainly NOT qualify as "doing business".
>
> I recall being in a meeting a number of years ago where the managers 
> of a recently acquired company were being oriented to "the way we do 
> things". At several points one of the new inductees kept commenting 
> that under the previous management of his company they did things in a 
> different manner. Our chairman, finally had enough and replied "Yes, 
> those are some of the reasons you are not in business any more." Point 
> taken.

OTOH some companies who did things the right way to "stay in business" 
are not in business any more either. Many British companies come 
readily to mind here.
















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