What is Matsushita's philosophy of business as public service?
I viewed business not simply as a means to accumulate profit for shareholders, but as a vital social undertaking. Our purpose was to produce abundant goods at low prices, thereby relieving people of hardship and enriching their lives. This meant operating with integrity, fostering continuous improvement, and seeing our companies as contributing members of the community, fulfilling a fundamental societal need through our products and services.
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