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Sound / Peter Drucker Symposium, Luncheon, tape 3, side a, 1990-04-25

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Title
Peter Drucker Symposium, Luncheon, tape 3, side a, 1990-04-25
Creator
Peter F. Drucker
Date Created and/or Issued
1990-04-25
Publication Information
The Drucker Institute
Contributing Institution
Claremont Colleges Library
Collection
Drucker Archives
Rights Information
For permission to use this item, contact The Drucker Institute, https://www.drucker.institute/about/drucker-archives/
Description
This is side a of tape 3, from the luncheon of the Annual Drucker Symposium of 1990. For a majority of the recording, Drucker discusses shifts in the global economy. Drucker explains that until recently, there were only two ways to be integrated in an international economy: exporting or multinational. During the 1700s the British controlled trade, causing American and German businesses to form subsidiaries in foreign countries. Subsidiaries acted as replicas of their parent companies, the difference being that parents controlled research, product development, had financial control, and appointed the top people in the subsidiaries. Drucker goes on to describe the shift from integration to partnerships and joint ownerships, which he attributes to technology, the inability to sustain subsidiaries in the global market, and the prohibitively high costs of multinationals.
Type
sound
Format
mp3
Identifier
dac01904_0001
http://ccdl.claremont.edu/cdm/ref/collection/dac/id/7607
Language
English
Subject
Drucker, Peter F. (Peter Ferdinand), 1909-2005
New York University. Graduate School of Business Administration
Lectures and lecturing
Multinational corporations
Japan
Subsidiary corporations
Global economy and development
Annual Drucker Symposium
Source
Original cassette tape: Drucker Archives; Box 68, Audio Recordings, Cassette Tapes, 3 Drucker 4/25/90 AM: #3 side a
Relation
Drucker Archives - https://ccdl.claremont.edu/digital/collection/dac

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