Monday, May 14, 2012

Quote of the day: Profit? What profit?

GIZ took some German taxpayer money to survey the Lao SMEs and do some research if they are fit for the Asean Common Economy. Of course they are not, so not many surprises. But I did not expect it in such clarity:
Of the remainder of the businesses surveyed, one said profits had fallen while the rest of the respondents said they had no idea whether they made a profit, a loss, or their income was stable.
Would be interesting to see how many of these businesses have staff with a MBA.

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