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Article by Peter F. Drucker on how the economy is changing in multiple sectors, and how it is mostly becoming organized around the flow of information, rather than commodities or capital. Drucker recognizes how distribution is increasingly becoming concentrated, while manufacturing is increasingly splintering, and uses multiple examples of successful corporations to demonstrate such changes. The consequence of these changes, alongside technological innovations, is that more information is now available on what occurs in the marketplace. As a result, manufacturing and distribution decisions will be increasingly based on the buying actions of consumers, producers will practice flexible manufacturing, and wholesalers and other intermediaries will become obsolete.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Wall Street Journal Wal-Mart (Firm) Walton, Sam, 1918-1992 Procter & Gamble Company Ito-Yokado Co., Ltd Coca-Cola Company 7-Eleven, Inc Humana, Inc American Hardware Corporation Sears, Roebuck and Company Macy's (Firm) A&P (Atlantic & Pacific Telegraph Company) Claremont Graduate School General Motors Toyota automobiles Ford Motor Company Servistar Great Atlantic and Pacific Tea Company Marks & Spenser
Article by Peter F. Drucker on how the economy is changing in multiple sectors, and how it is mostly becoming organized around the flow of information, rather than commodities or capital, September 24, 1992; Drucker Archives; Box 110, Folder 3; 1 page