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Essay Details:
Essay text:
In this article the propositions to be illuminated
concern the rise of the modern business enterprise, and
the case shedding light is the history of Citibank [4].
THE RISE OF THE MODERN BUSINESS ENTERPRISE
"The modern business enterprise is an economic institution
that owns and operates a multi-unit system and relies on a multilevel
managerial hierarchy to administer it [5, pp. 203-4]." When,
why, and where did this form of business arise, and what were its
consequences for the firms themselves, the industries in which
these firms operated, and the economy at large7 These are the
BUSINESS AND ECONOMIC HISTORY, Second Series, Volume Fourteen, 1985...
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