Taken from the book
"FRIENDLY FASCISM: THE NEW FACE OF POWER IN AMERICA" by Bertram Gross,
here is a list of
technical specialities studied in business school, followed by a description
of what they REALLY mean:
BUSINESS POLICY
1. Business-government relations -- Mobilize state support, public funds, and political influence
2. Investment and product-line planning -- Extend structure of corporate power
3. Managerial economics -- Make money from shortages
4. Management information systems -- Shift social costs to others
5. Public relations -- Build benevolent image and support the
establishment
ORGANIZATION
1. Organizational development -- Promote "profit consciousness"
2. Reorganization -- Weed out "undesirables"
3. Decentralization of operations -- Provide "cover" for top-level decision makers
4. Subcontractor-supplier relations -- Maintain subcontractor-supplier
dependency, build flexible clusters and
constellations
FINANCE
1. Securities flotation -- Risk other people's money
2. Accounting -- Conceal assets, income, bribes, and political contributions
3. Capital budgeting -- shift costs to external accounts
4. Cash-flow budgeting -- Speculate in international currency
PRODUCTION
1. Product design and engineering -- Plan accelerated obsolescence
2. Research and development -- Promote labor-saving technologies
3. Production scheduling -- Minimize costs that cannot be shifted
PERSONNEL
1. Labor relations -- Maintain work discipline, through "independent" unions where necessary
2. Human relations -- Keep workers docile
3. Recruitment -- Select "dociles," reject "undesirables"
4. Job analysis -- Develop competitive, low-cost stratification
MARKETING
1. Market research -- Manufacture consumer needs
2. Distribution -- Keep prices as high as possible
3. Advertising -- Conceal product defects