Abstract

Rationalization in British Industry
Hobsom, John A. | January 25, 1928 issue

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To move the British business mind toward new thinking and new methods needs a conjunction of adversity, an arresting personality, and a novel caption. English business men believed in competition as a guaranty of efficiency and successful enterprise. Now rationalization and foremost the repudiation of competition as a wasteful process, and the substitution of a completely organized and unified trade, planning its production and conducting its buying and selling as a single body.

See Also:

INDUSTRIAL management; COMPETITION; BUSINESS enterprises; BUSINESSMEN; BUSINESS; ENGLAND
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