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Might have to due with the fact that the typical company is a lot larger than they were in 1978. Largest company in 1978 was GM they did about 53b in revenue,
by impulser_ 4y ago
Might have to due with the fact that the typical company is a lot larger than they were in 1978.
Largest company in 1978 was GM they did about 53b in revenue, and 4b in gross profit.
Largest company in 2022 is Apple they did 400b in revenue and 170b in gross profit.
The list of people that can run and manage Apple is one, Tim Cook.
The list of people that can work at Apple is millions.
- baron816 4y agoYeah, there really wasn’t much global competition either. So we have much larger companies competing all over the world against other huge companies.