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Information and Competitive Advantage: The Rise of General Motors

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  • Norton, Seth W
Abstract
During the mid-1920s Alfred P. Sloan instituted a number of innovations designed to provide the operating divisions at General Motors with more accurate and more timely information regarding final consumer demand. These innovations have not received much attention in attempts to explain General Motors' remarkable rise to dominance of the U.S. domestic automobile industry. The present article reviews these events and provides statistical tests affirming the success of these innovations at the same time as General Motors' increases in profitability and market share Copyright 1997 by the University of Chicago.

Suggested Citation

  • Norton, Seth W, 1997. "Information and Competitive Advantage: The Rise of General Motors," Journal of Law and Economics, University of Chicago Press, vol. 40(1), pages 245-260, April.
  • Handle: RePEc:ucp:jlawec:v:40:y:1997:i:1:p:245-60
    DOI: 10.1086/467372
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    References listed on IDEAS

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    1. Telser, Lester G, 1986. "Futures and Actual Markets: How They Are Related," The Journal of Business, University of Chicago Press, vol. 59(2), pages 5-20, April.
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    Cited by:

    1. Seth W. Norton, 2021. "Frank Knight on Business Strategy," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 36(Winter 20), pages 45-62.
    2. Casadesus-Masanell, Ramon & Spulber, Daniel F, 2000. "The Fable of Fisher Body," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 67-104, April.

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