This study investigates the capital goods industries, which account for more than one-third of U.S. exports. Eckley offers case studies of seven companies--IBM, Boeing, General Electric, Eastman Kodak, Caterpillar, Cummins, and Cincinnati Milacron--that offer a representative variety of the products, processes, and labor organizations found in the capital goods industries. Commonalities within the larger capital goods sector are discussed, and conclusions are drawn about costs, markets, and organizational and managerial practices. Means for regaining competitive advantage through capital investment, education, and better decision making are also addressed.
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