Excerpt from Introduction to Business Organization
This volume is an outgrowth of a course of lectures on Business Organization and Management delivered at the University of Wisconsin in connection with the courses in Commerce. There is no single volume covering modern business activity from the point of view of organization. It is, however, true that occasional articles in trade magazines and even treatises covering special phases of business have recently come from the press.
The growth of this literature indicates a larger interest in the systematic study of business institutions and operations. The business man is fast realizing the practical helpfulness of these studies. The best firms are establishing trade and technical libraries and schools of instruction, not only for the training of their employees, but also for constant consultation in connection with office and factory problems. Greater attention is given to-day to business efficiency, and several reasons have made this necessary, among the more important of which are business waste and misdirection.
Every business man, although he may deny that there is a science of business, will admit that there is a proper way of organizing his business.
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