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Topic: |
Business
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Number of pages / Number of words: |
7 / 1752 |
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In this sense, the corporate merger represented a natural process of growth. Successful companies purchased other companies in order to expand into new markets and eliminate competition. As with the old, traditional-style family business, the new corporations could be a source of pride and social prestige...
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Strangely enough, Americans demonstrated an extraordinary willingness to sell out when the price was right. Given that the owners of the new corporations were inclined to view their enterprises, not as family business, but as money-making entities. With this it's no surprise that workers were increasingly perceived as parts of the manufacturing process rather than as human beings...
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