Copyright, 1910,
LASALLE EXTENSION UNIVERSITY.
BUSINESS ECONOMICS
¶ This treatise has been especially prepared by E. L. Bogart, Ph. D., Associate Professor of Economics, University of Illinois, and Author of Economic History of the United States; Hon. O. P. Austin, Chief of Bureau of Statistics, Department of Commerce and Labor; and John Bascom, D. D., LL. D., former President University of Wisconsin. It is supplemented by the writings of recognized experts in the production, preservation and distribution of wealth. The treatment is modern, popular and authoritative. The volume contains many timely and practical suggestions which can be applied with profit to any business. It is also arranged to serve as a quick reference work, and includes a complete table of contents, a comprehensive index and test questions.
Walter D. Moody,
Editor-in-Chief.
INTRODUCTION TO BUSINESS ADMINISTRATION.
BY WALTER D. MOODY.
General Manager, The Chicago Association of Commerce.
Author of “Men Who Sell Things.”
“The recipe for perpetual ignorance is: Be satisfied with your own
opinion and content with your knowledge.”
Business a contest of wits
This is an era of the greatest commercial activity the world has ever known. The development of business is one of the marvels of the new century. A few years ago science, as a factor in commerce, was little known and less appreciated. The amazing advantages to business of intellectual attainments were utterly without recognition. Today, however, business has become a contest in which the quickest perception wins, thus transforming the counting room into a battle ground upon which brain matches brain for supremacy and success.