Modern management science has made it feasible for corporations to expand the scope and variety of their operations. It has created new economies of … - Neil H. Jacoby

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Modern management science has made it feasible for corporations to expand the scope and variety of their operations. It has created new economies of scale through which larger aggregations of men, materials, and funds can be efficiently deployed and controlled over larger areas.

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About Neil H. Jacoby

Neil Herman Jacoby(September 19, 1909 – May 31, 1979) was a university professor and public servant and was widely recognized as an expert on matters of taxation, finance, economic policy, and business-government relationships.

Also Known As

Alternative Names: Neil Herman Jacoby N. H. Jacoby
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Before World War II, the United States Gulf and the Caribbean were the foreign world’s primary sources of crude oil. Eastern Hemisphere consumption was relatively small and yet its crude oil production supplied less than half of its petroleum needs.

Certainly the political assets of American labor organizations are formidable in both manpower and money. Unlike corporations, eighteen million union members vote. With the union shop prevailing in most states and union dues being deducted from members’ paychecks, labor unions have a steady inflow of funds, estimated to be around $700 million per year in 1963…Indeed, many a businessman seeking a favor from government has found that his most effective course was to get the support of the leaders of the unions representing his employees!

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Because internal corruption is endemic to the communist system, it ineluctably conditions privileged elite to the habits of corruption in their external relations with other communist officials in the Eastern bloc countries and with the Western and Japanese businessmen who negotiate with the state enterprises.

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