History of Chinese Educational Thought - Volume 3

Author: Hunan Education Press
Publisher:
Publish Date: 1996-09-01
Features: George Day compellingly proves that the old competitive methods and a large amount of traditional wisdom about organizations have been overturned by concentrated power: a large market is fragmented into narrow segments, while the market itself becomes a global market; information technology blurs the boundaries between organizations and markets and accelerates the pace of decision-making; technological changes continuously shorten product life cycles, while customers demand faster responses and higher quality. These forces also give rise to new retailers, distributors, and new connections with customers.