THE CONGLOMERATE AND THE FOCUSSED AGGLOMERATE: MODERN FORMS OF THE LEADER-COMMANDED FIRM
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Ross, Bruce W.Abstract
The dominant business form of this century, the hierarchically controlled multidivisional enterprise, is typically committee-commanded. commanded. However in the last quarter-century there has been a resurgence of leader-commanded firms. Two distinct types are identified. The more common is the diversified conglomerate. The other is the focussed agglomerate. The focused agglomerate has greater potential to eventually transform into a hierarchically controlled multidivisional enterprise.The dominant business form of this century, the hierarchically controlled multidivisional enterprise, is typically committee-commanded. commanded. However in the last quarter-century there has been a resurgence of leader-commanded firms. Two distinct types are identified. The more common is the diversified conglomerate. The other is the focussed agglomerate. The focused agglomerate has greater potential to eventually transform into a hierarchically controlled multidivisional enterprise.
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Date
1988-07-01Issue
109Publisher
Department of EconomicsLicence
OtherFaculty/School
Faculty of Arts and Social Sciences, School of EconomicsShare