Investigating An Industry a Scientific Diagnosis of the Diseases of Management

Cover Investigating An Industry a Scientific Diagnosis of the Diseases of Management
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_ When an "efficiency ^ expert begin* his operations in a factpry his first 'Questions' are:^ What kind of product is made? -Why is it rAade? Why 'notj abandon it ^It is'not profitable? J^ne next set of questions covers the quality. Is the quality tpo highly refined and too costly, so that its market i, s limited? Is it too common and cheap, so that it has to be brought into competition with the poorest goods on the market? Is it out of date and unfashionable? Is the quality what it ought to be..., and if not what are the reasons, and^how can it be improved?, Next come questions as to quantity. Is the factory turning out too much of one -kind of goods, so that the^market^s glutted and the;price too low? Is it turning out too little, so that it is not doirig as much business as it might' do?, Js k/turning out too much of one kind and not enough of another; and if so, what '. Changes shoulcf be made so as to ^establish a proper. Balance? \ * After these questions of kyad, quality, and quantity "^bf product are considered, then comes the 'question of cost per unft of pVocfuct and of possible methods of reducing "that cost.

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