A review of The Practice of Management, chapter 19, The IBM Story

As the US economy stalled in the 1930s IBM advanced into new markets. This was critical to IBM’s success and prosperity. It comports with the old adage: an offense is the best defense. It is also reminiscent of General Patton’s famous epigram: “when in doubt, attack.” The best way to beat a recession is to increase marketing and sales.

(The Practice of Management, chapter 19)

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