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Alfred Sloan

Alfred Sloan  

(1875–1966)CEO of General Motors. A pivotal figure, not just in the history of American business but also in the development of marketing. He joined General Motors in 1916 having sold his car ...
business cycle

business cycle  

Observed changes to economic conditions which move from prosperity through recession to depression and hence back to recovery and further prosperity. Also known as the economic cycle. See, for ...
cartel

cartel  

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Overview Page
A system whereby producers divide up the market between themselves, avoiding direct competition and not encroaching on each other's share of the market. See Walker in R. Friman and P. Andreas, eds ...
chambers of commerce

chambers of commerce  

In the UK, a voluntary organization, existing in most towns, of commercial, industrial, and trading businessmen who represent their joint interests to local and central government. The London Chamber ...
corporation

corporation  

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N.An entity that has legal personality, i.e. it is capable of enjoying and being subject to legal rights and duties (see juristic person) and possesses the capacity of succession. A corporation ...
industrial relations

industrial relations  

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The relations between the management and workforce of an enterprise, particularly bargaining through trade unions. This mainly concerns pay, hours and conditions of work, fringe benefits, security of ...
insurance

insurance  

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The use of contracts to reduce and redistribute risk. In an insurance contract, the insurer accepts a fixed payment, or premium, from the insured, and in return undertakes to make payments if certain ...
John D. Rockefeller

John D. Rockefeller  

(1839–1937)US industrialist and philanthropist. One of the first to recognize the industrial possibilities of oil, Rockefeller established the Standard Oil Company (1870) and by the end of the decade ...
management

management  

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The act of directing and controlling the affairs of a business, organization, or other body to ensure that they operate efficiently and effectively, in order to accomplish agreed objectives. See also ...
multinational corporation

multinational corporation  

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A form of capitalist enterprise in which the financial structure, managerial control, and integration of productive activity span national boundaries and are oriented to international (or global) ...
Pierre Du Pont

Pierre Du Pont  

(1870–1954)Pierre Samuel du Pont was born in Wilmington, Delaware on 15 January 1870, to Lammot and Mary du Pont, and died there on 5 April 1954. His father was ...
Securities and Exchange Commission

Securities and Exchange Commission  

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(SEC)The main government agency responsible for supervising trade in securities and takeovers in the US.
stock market

stock market  

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1 See stock exchange.2 A market in which livestock are bought and sold.
Thomas Watson Snr.

Thomas Watson Snr.  

(1874–1956)Thomas John Watson was born in East Campbell, New York on 17 February 1874, the son of Thomas Watson, a farmer, and his wife Jane. He died in New ...

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