Tuesday, April 04, 2006

Why U.S. Business Is Winning

An interesting article by Sebastian Mallaby on why Why U.S. Business Is Winning.

Here are a few reasons:

-The first answer is that competition is fiercer. The United States has relatively few trade and regulatory barriers for firms to hide behind, so bad companies either shape up quickly or go bust.

-The next explanation for American superiority is a healthy indifference to first sons. Bloom and Van Reenen report that the practice of handing a family firm down from father to oldest son is five times more common in France and Britain than in the United States.

-The best guess about the "X factor" is that America's business culture is peculiarly well-suited to contemporary challenges.

-Moreover, America's business culture is perfectly matched to globalization. American executive suites and MBA courses are full of talented immigrants, so American managers think nothing of working in multicultural firms.


At 3:26 AM, Blogger aliya seen said...

Your sop for international business management must be written perfectly if you are going to impress the committee. How you write will determine if the committee will pay attention to what you have written.

At 10:03 AM, Blogger Shapath Das said...

A well-written medical school personal statement is your first initial "interview" when applying. Here are 6 important things to consider that make your admissions packet stand out from the rest. study abroad cover letter

At 2:00 AM, Blogger John Cohen said...

You mentioned very well regarding medical education. Medical sciences have progressed plenty and even all the body elements may be transplanted solely because of the advancement in this field that has enabled the humans to try to thus. explore more


Post a Comment

<< Home