Free and Discounted Ebooks
Join 130,000 readers! Get our ebook deals straight to your inbox.

Shop Management

Cover image for

Download


Published: 1911
Language: English
Wordcount: 48,479 / 143 pg
Flesch-Kincaid Reading Ease: 55.7
LoC Category: HF
Downloads: 3,553
mnybks.net#: 6836
Origin: gutenberg.org

The most severe trial to which any system can be subjected is that of a business which is in keen competition over a large territory, and in which the labor cost of production forms a large element of the expense, and it is in such establishments that one would naturally expect to find the best type of management.

Show Excerpt

own good it is as important that workmen should not be very much over-paid, as it is that they should not be under-paid. If over-paid, many will work irregularly and tend to become more or less shiftless, extravagant, arid dissipated. It does not do for most men to get rich too fast. The writer's observation, however, would lead him to the conclusion that most men tend to become more instead of less thrifty when they receive the proper increase for an extra hard day's work, as, for example, the percentages of increase referred to above. They live rather better, begin to save money, become more sober, and work more steadily. And this certainly forms one of the strongest reasons for advocating this type of management.

In referring to high wages and low labor cost as fundamental in good management, the writer is most desirous not to be misunderstood.

By high wages he means wages which are high only with relation to the average of the class to which the man belongs and which are paid only to those

SUBSCRIBE TO MANYBOOKS 

FREE EBOOKS 

Join 120,000+ fellow readers! Get Free eBooks and book bargains from ManyBooks in your inbox. 

We respect your email privacy

(advanced)
login | register

User ID

Password

reset password

Author of the Day

W. L. Liberman
W.L. Liberman is a man with many talents. He has published nine novels, five graphic novels and a children’s storybook. Liberman is also the founding editor and publisher of TEACH Magazine; www.teachmag.com, and has worked as a television producer and on-air commentator. As our author of the day, Liberman reveals the inspiration behind Looking for Henry Turner, why he has a soft spot for the 1960s and talks about why family ties and loyalty to friends are so important in life.
Read full interview...