Summary of David Gelles's the Man Who Broke Capitalism
(eBook)

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Published:
[United States] : IRB, 2022.
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eBook
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1 online resource (87 pages)
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Please note: This is a companion version & not the original book. Book Preview: #1 In 1980, Ronald Reagan was elected president with the slogan Let's Make America Great Again. The new president's economic policy, Reaganomics, prioritized lower taxes, decreased regulation, and a favorable attitude toward Wall Street. #2 When Welch took over as CEO, he was very different from Jones. He was impatient, impulsive, and crass. He spoke with a thick Boston accent, and when he grew angry, a stutter flared up. He loathed hierarchy and bureaucracy and didn't care what people thought of him as long as he was making money for the company. #3 In the mid-1970s, Welch went on tour with a GE joint venture in Japan, where he was shocked by the manufacturing process. When America's standing in the world was questioned in 1980, Welch and Jones wrote a letter to shareholders acknowledging the need for urgent change. #4 Jack Welch, the iconic chairman of GE, drastically overcorrected when he took over. He abandoned American manufacturing and began shutting down factories around the country.

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English
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9798822546912

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Description
Please note: This is a companion version & not the original book. Book Preview: #1 In 1980, Ronald Reagan was elected president with the slogan Let's Make America Great Again. The new president's economic policy, Reaganomics, prioritized lower taxes, decreased regulation, and a favorable attitude toward Wall Street. #2 When Welch took over as CEO, he was very different from Jones. He was impatient, impulsive, and crass. He spoke with a thick Boston accent, and when he grew angry, a stutter flared up. He loathed hierarchy and bureaucracy and didn't care what people thought of him as long as he was making money for the company. #3 In the mid-1970s, Welch went on tour with a GE joint venture in Japan, where he was shocked by the manufacturing process. When America's standing in the world was questioned in 1980, Welch and Jones wrote a letter to shareholders acknowledging the need for urgent change. #4 Jack Welch, the iconic chairman of GE, drastically overcorrected when he took over. He abandoned American manufacturing and began shutting down factories around the country.
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Mode of access: World Wide Web.
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APA Citation (style guide)

IRB Media. (2022). Summary of David Gelles's the Man Who Broke Capitalism. [United States], IRB.

Chicago / Turabian - Author Date Citation (style guide)

IRB Media. 2022. Summary of David Gelles's the Man Who Broke Capitalism. [United States], IRB.

Chicago / Turabian - Humanities Citation (style guide)

IRB Media, Summary of David Gelles's the Man Who Broke Capitalism. [United States], IRB, 2022.

MLA Citation (style guide)

IRB Media. Summary of David Gelles's the Man Who Broke Capitalism. [United States], IRB, 2022.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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