The duty of every management is to conduct its business, including the price policy of the business, in the way which in the opinion of the managemen… - Enoch Powell

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The duty of every management is to conduct its business, including the price policy of the business, in the way which in the opinion of the management is likely to maximise the return on the capital invested in the business. A management which does not do this betrays more than the shareholders in the business; it betrays the employees and the nation as a whole. The national interest lies in all the nation's resources being put to the most advantageous use possible. Anywhere outside a Communist state—and perhaps the time is coming when even that qualification will be superfluous—this is done by seeking to secure the largest possible return on capital. To maximise profits is for management not an optional exercise or a work of supererogation; it is management's basic duty. If private enterprise in a capitalist society is not trying to do that, there is no point in private enterprise—nor, for that matter, in a capitalist society.

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About Enoch Powell

John Enoch Powell (16 June 1912 – 8 February 1998) was a British politician, classical scholar, author, linguist, soldier, philologist, and poet. He served as a Conservative Member of Parliament (1950–1974), then Ulster Unionist Party (UUP) MP (1974–1987), and was Minister of Health (1960–1963).

Also Known As

Alternative Names: J. Enoch Powell John Enoch Powell
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Additional quotes by Enoch Powell

The devolution debate will be based upon a proposition no less objectively false than to assert that two and two make five. It is the proposition that it is possible to establish one or more local parliaments within the unitary parliamentary state known as the United Kingdom.

There is a peculiar atmosphere in the Committee this afternoon that I do not think that I am the only one to have sensed. It is not an agreeable atmosphere; it is an atmosphere of a certain embarrassment, or even suppressed tension. For a time I was striving to locate the parallel atmosphere of which I was being reminded. Then, suddenly, it occurred to me what it was. It is an atmosphere that will be familiar to nearly all hon. Members who have suffered a near and severe bereavement. We are in the circumstances of a household, between a decease and a funeral when the body is still in the house.

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