Business Volume 2, No. 12

Business Volume 2, No. 12

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Description

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ... The waxen cylinder of the machine does the rest. That dictating machine has a record. On one occasion, when a salesman called from Belzoni, Mississippi, a hundred miles from Memphis, the machine recorded, without a single slip, a total of thirty-eight orders averaging four items each in just six minutes. The Barboro Company sends out statements monthly to its owing customers. The statements are "headed up" on an addressing machine.-The machine, with its magazine loaded in advance and its attention focused upon turning out a given quantity of headed statements in the shortest possible lime, concerns itself not at all with the fact that here and there in its stack of product there may be a headed statement addressed to a customer that, at the current time, owes the Barboro Company nothing. From the addressing machine the headed statements go to the customers' ledger to be "made out." Then, by a comparison with the ledger, it becomes apparent that there are seemingly useless statements in the stack. What was to be done with those statements? The first time they appeared in the Barboro office, which was upon the occasion of the installation of the addressing machine, somebody suggested that the unused statements be thrown away. "Nope," said Ford, "We'll use them. We'll mail them out just the same and see if we can't make them get business for us." Ford had a rubber stamp made. The stamp looks like this: GOOD ACCOUNT OWE NOTHING LAST ORDER Now when statements are being made up and when the bookkeeper finds an account that owes nothing, he imprints the face of the statement with that rubber stamp. From the ledger card he gets the date of the last order from the customer and he writes that date into the blank...show more

Product details

  • Paperback | 40 pages
  • 189 x 246 x 2mm | 91g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236559614
  • 9781236559616