DECEPTIVE CORPORATE TERMINOLOGY

         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
 
 
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