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Word: managersâ (lookup in dictionary) (lookup stats)
Dates: during 1968-1968
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Usage:

...What he finds in the U.S. is a phalanx of giant companies, perhaps 500 in all, dominating the landscape. The competitive market has largely disappeared, the victim of an advertising machine that creates and manipulates demand (mostly, he maintains, by means of commercial TV). Well-schooled technicians and managers???the "technostructure"?run the show. Though a certain profit level is still necessary for survival, profits are no longer the primary goal. The technostructure's chief aim is self-perpetuation through corporate growth...

Author: /time Magazine | Title: Opinion: The Great Mogul | 2/16/1968 | See Source »

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