 |
|
     |
|
|
|
Peter Drucker notes that "the distinction between parent and daughter [companies] is increasingly blurring. In the transnational company, design is done anyplace within the system. Major pharmaceutical companies now have research laboratories in five or six countries, in the United States, Great Britain, Japan, Switzerland. They do their research wherever there are research scientists. They produce wherever the economics of manufacturing dictate. . . . A major pharmaceutical manufacturer makes and sells prescription drugs in 164 countries, but all fermentation work is done in one plant, in Ireland. The treasurer in the transnational company centrally manages money for all the members of the group rather than have the U.K. company manage money in Longon, the West German company manage money out of Frankfort . . . and so on. . . . Top management is transnational, and so are the company's business plans, business strategies, and business decisions."
posted by Peter J. Leithart on Saturday, November 11, 2006 at 03:06 PM
Permission is given to use material on this site, provided the source is cited, blog entries are republished in full, and the author is notified in advance.
1 & 2 Kings
Brazos Theological Commentary
The Promise Of His Appearing: An Exposition Of Second Peter
A Great Mystery: Fourteen Wedding Sermons
Deep Comedy: Trinity, Tragedy, And Hope In Western Literature
Miniatures & Morals: The Christian Novels of Jane Austen
The Priesthood of the Plebs: A Theology of Baptism
A Son To Me: An Exposition of 1 & 2 Samuel
From Silence to Song: The Davidic Liturgical Revolution
Ascent to Love: A Guide to Dante's Divine Comedy
Blessed Are the Hungry: Meditations on the Lord's Supper
A House For My Name: A Survey of the Old Testament
Heroes of the City of Man: A Christian Guide to Select Ancient Literature
Brightest Heaven of Invention: A Christian Guide To Six Shakespeare Plays
Wise Words: Family Stories That Bring the Proverbs to Life
The Kingdom and the Power: Rediscovering the Centrality of the Church
