Chapter 701
Bane clenched his jaw, forcing himself to suppress his anger. He growled, โFine. Youโve got a sharp tongue, Iโll give you that. But what makes you so sure my products donโt meet the standards youโre talking about?โ
Andrew looked at him like he was the village idiot and let out a mocking chuckle. โI might not have seen your formulas, but Iโve seen the raw materials youโre using.โ
He said, โThe recent budget reports from the Pharmaceutical Division? The massive procurement lists? Even just skimming through those documents was enough for me to tell you that your three new products are doomed to fail. Because the production costs are ridiculously highโeven I was shocked when I saw the numbers. Youโre basically bleeding Rhodes Corporation dry!โ
Bane gave a dismissive snort. โCost is not my concern. My job is to produce results.โ
Michael sneered. โAndrew, the Pharmaceutical Division has more than enough capital to handle those costs. Why are you so worried? Feeling jealous already because you know weโre about to crush you?โ
Andrewโs eyes narrowed. โYouโre an idiot. I honestly canโt believe Rhodes Corporation would even consider putting someone as brainless as you in charge. Anyone with half a business brain knows that costs have to be the top priority. Even high-end brands like Chanel and Louis Vuitton, with their sky-high prices, still keep their production costs shockingly low. Thatโs the secret to real profits. But with your genius strategy of ignoring production costs, the moment the market rejects these products, the company will crash. And it wonโt just be a minor lossโyouโll be bankrupt so fast, you wonโt have anything left but regret.โ
He continued, โSure, Rhodes Corporation is a powerhouse that can afford to burn some cash. But when youโre selling medication at luxury prices, who exactly do you think is going to buy it?โ
Michaelโs smile faltered, and his eyes darkened. โAndrew, youโre still too green to challenge me about business. Our high costs come from our high-quality ingredients. And high quality is meant for wealthy customers who donโt blink at premium prices.โ
He taunted, โYou think weโre developing products for broke nobodies who canโt afford decent healthcare? Please. Our target is the upper classโthe ones with deep pockets and no hesitation to spend when it comes to their health and lifestyle. Thatโs where the real money is, and thatโs the foundation of our strategy.โ
Michael leaned back, scoffing as his gaze swept over Andrew with disdain. โAndrew, you might be talented in some areas, but when it comes to understanding products, markets, and business dynamicsโyouโre completely out of your depth. The principles I just laid out? They apply everywhere, across industries and markets. Thatโs what we call business acumen. Youโre just a clueless amateur pretending to be an expert.โ
Several of the senior executives began applauding, nodding in agreement.
โMr. Rhodes, that was brilliant! Your insights into the luxury market are truly enlightening!โ
โAbsolutely! Focusing on wealthy customers is the smartest move. Why waste resources catering to people who can barely afford their prescriptions?โ
โWith Mr. Rhodes leading us, Rhodes Corporation is destined to reach new heights!โ
Even Tiana gave a subtle nod of approval. โNot bad, Michael. I have to admit, your perspective here is solid. In todayโs market, low-end products offer little profit. Targeting middle- and upper-income customers with premium products is the smarter path forward. Youโve definitely matured.โ