Nicholson on Factory Origanization and Costs (Classic Reprint) - Hardcover

Inhaltsangabe

Excerpt from Nicholson on Factory Origanization and Costs

While experience is considered the great teacher and is probably the most valuable factor in conducting a manufacturing business, yet a theoretical training in the underlying principles of organization constitutes the foundation-stone upon which experience may build, and gives a vantage ground not possible to the man who depends on experience alone. It furnishes a key by which he may interpret facts and conditions as they arise. It provides a scheme and outline to which particular events are referred, for explanation and correlation.

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