Alfred D. Chandler, Jr. Quote

Multi-unit business enterprise replaced small traditional enterprise when administrative coordination permitted greater productivity, lower costs, and higher profits than coordination by market mechanisms.


p. 6. - The Visible Hand (1977)


Multi-unit business enterprise replaced small traditional enterprise when administrative coordination permitted greater productivity, lower costs,...

Multi-unit business enterprise replaced small traditional enterprise when administrative coordination permitted greater productivity, lower costs,...

Multi-unit business enterprise replaced small traditional enterprise when administrative coordination permitted greater productivity, lower costs,...

Multi-unit business enterprise replaced small traditional enterprise when administrative coordination permitted greater productivity, lower costs,...