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This is side B of the fifth tape, from day two, of the annual Drucker Symposium of 1989. Continuing the discussion from side a, Drucker continues to address mergers and acquisitions. In particular, Drucker discusses that medium-sized rather than large-sized businesses tend to be the drivers of business expansion. He also talks about the importance of alliance formation among businesses, arguing that alliances help create unity amongst companies and better enable them to respond to the common challenges posed by the changing nature of the market environment. In addition, Drucker discusses the repercussions of the trend toward moving businesses off-shore. Drucker ends the symposium, talking about the importance of seeing the modern business environment and bigness as a multi-variable system rather than as a simple, one-way development system.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 New York University. Graduate School of Business Administration Acquisition Alliances Banks and banking Offshore assembly industry Labor mobility Strategy Developed countries Cost Big business Japan Automobiles Automobile industry workers West, Richard R