With a rapidly growing population and little competition from abroad, the obvious strategic choice for American businesses in the beginning of the twentieth century was mass production of cheap goods. Many new-comers to America were poor and had few resources. Thomas C. Cochran noted that the immigrants brought with them relatively little household goods. They wanted new supplies fast and at low cost, and were not in the position to haggle about quality (see: Challenges to American Values, Oxford University Press 1985, page 7). American businesses strategically positioned themselves to cater this growing market by supplying large volumes of affordable goods.
Starting A Bookkeeping Business
Did you ever have a teacher in grade school tell you that if you copied from your neighbor during a test and were cheating, you really were only cheating yourself? My daughter’s third grade teacher said that in class the other day and it sparked … Read More