The First Rule Of Business

The free market capitalist economy is popular all over the world right now.

Under this system private corporations provide service and products to customers. Those manufacturing companies which provide better service and quality, and make the products which consumers want to buy prosper.

For example if there were any companies which made only rotary dial telephones, no doubt they are no longer with us. Photographic film and film cameras used to be the norm, now they are part of a tiny niche market.

The same ideas apply in the automotive industry. General Motors has been determined that it can convince consumers to buy their large, heavy vehicles which get atrocious fuel economy. Toyota has tried to supply the customer with the vehicle that they desire, and has prospered in the process.

Lots of American car companies have failed. You no longer see Nash Ramblers, Hudsons, or the Henry J.
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General Motors could easily go out of business. No joke. The only hope for their survival is if they start listening to the consumer and begin making the types of vehicles that the customer wants.

They have forgotten the first rule of business: -The Customer Is King.
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