The above quotation from Mærsk Mc-Kinney Møller expresses some of the reasons why the company has
come to serve as a model for many when it comes to the ability to manage and organize a company. The
company is based on a number of standards which indicate what it perceives as right and important:
If one sociological literature woke me up to new independent variables of interest
to labor economists, another alerted me to new dependent variables – in particular, to a
wealth of new aspects of organizational design and performance that economists could
explore and perhaps explain.
Older, larger firms in particular can raise both their earnings and their output while
cutting jobs. One way is by trimming layers of bureaucracy that have accrued over the
years. Some big companies grow by acquiring other companies, and they may seek
economies of scale by consolidating the engineering or administrative staffs.