Accountancy and business management .. . anager or credit man; or in the manufacturing branch, he may act assuperintendent. The treasurer of the corporation may be the accountant andalso act as credit man. The advertising and sales managers maybe one, or the superintendent may be the purchasing agent as well. The point intended to be emphasized is that there are certainduties to be performed, certain responsibilities to be met, certainauthorities to be assumed even though it be but a one-man in this is illustrated the importance of creating any businessorganization without regard


Accountancy and business management .. . anager or credit man; or in the manufacturing branch, he may act assuperintendent. The treasurer of the corporation may be the accountant andalso act as credit man. The advertising and sales managers maybe one, or the superintendent may be the purchasing agent as well. The point intended to be emphasized is that there are certainduties to be performed, certain responsibilities to be met, certainauthorities to be assumed even though it be but a one-man in this is illustrated the importance of creating any businessorganization without regard to individuals. 9. Organization of Mercantile Business. Leaving for a timethe organization of a manufacturing enterprise, we will consider theapplication of the principles of organization to a trading such a business, the administrative section remains the same:stockholders, directors, officers, executive committee, general this point the business naturally divides into the departments ofbuying and selling. 29 21).


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Keywords: ., bookcentury1900, bookdecade1920, booksubjectaccounting, bookyear1