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Peter F. Drucker on Business and Society
book

Peter F. Drucker on Business and Society

by Peter F. Drucker
August 2020
Intermediate to advanced content levelIntermediate to advanced
336 pages
6h 51m
English
Harvard Business Review Press
Content preview from Peter F. Drucker on Business and Society

CHAPTER ONE

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The New Markets and the New Entrepreneurs

I

THE THIRD MERGER wave to wash over the American economy in this century is receding fast. It leaves behind a landscape changed even more fundamentally in economic structure than its predecessors did, sixty-five and forty years ago.

The first merger wave, the one that reached its climax between 1900 and 1910, was the merger wave of the “tycoons,” with J. P. Morgan’s U.S. Steel and John D. Rockefeller’s Standard Oil Company as their prototypes. In these mergers a dominant industrialist or financier tried to gain and occupy a commanding height in the economy by obtaining control of a major material ...

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Publisher Resources

ISBN: 9781633699649