The Logic of Industrial Organization

P. Sargant Florence

1. THE LOGIC OF LARGE-SCALE OPERATION1. The Structure of Industry2. The Efficiency of Large-Scale Operation3. The Degree of Efficient Integration2. THE ILLOGIC OF ACTUAL OPERATION1. Actual Scales of Production and Operation2. The Actual Size of Manufacturing Plants3. Actual Sizes of Manufacturing Firms4. Actual Sizes of Plants and Firms in Non-Manufacturing Industries5. The Discrepancy of Theory and Fact3. THE RELATIONS OF PRODUCER AND CONSUMER1. Planned and Free Consumption2. The Logic of Free Consumption3. The Vagaries of Free Production for Free Consumption4. Forecasting and Market Research5. Competition and Combination6. Rationalization and Nationalization4. INVESTMENT, EMPLOYMENT AND MANAGEMENT REGULATIONS1. The Relative Growth of Investment and Employment2. The Inter-Action of Investment and Employment3. Investment and Employment in Depression4. The Policy of Short Hours and Multiple Shifts5. Adaptation to the Growth of Specialized Management6. Inefficiency to the Hierarchical System7. Inefficiency to the Functional System8. Management by the Line and Staff System9. The Core of Ultimate Control10. Liaison5. THE STIMULUS TO LABOUR1. The Social Environment of the Large Plant2. Pecuniary and Trans-Pecuniary Incentives3. Incentives and Conducives to Work4. Attractives and Conducives to Mobility5. Summary and Generalization6. THE STIMULUS TO INVEST7. THE STIMULUS TO ENTERPRISE AND ADMINISTRATION1. Pecuniary and Non-Pecuniary Incentives2. Types of Entrepreneurs and Business Administration3. Short-period Supply Price of Administration4. Long-period Supply Price of Administration8. EDUCATION FOR BUSINESS ADMINISTRATION1. The Requirements for Administration2. Education and Inborn Qualification3. Education versus Inbred Disqualification4. English 'Breeding'5. The English Educational System6. The Public School Man7. The University as Training GroundCONCLUSIONS