Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)
American School of Correspondence
Accounting; Business; Commerce
=Use of Maps.= A precaution on construction work that is very seldom
taken by contractors generally, and one that is a most certain saver of
money, is to have a complete map of the work to a large scale carefully
prepared, on which should be indicated day by day the progress of
the work. This map, if kept up to date, will enable the manager of a
company, or the president and directors, to know in detail the progress
of the work, without necessarily going out on the work; and from it can
be found the quantities of needed materials, such as rail, pipe, etc.
=Standard Instructions.= Every organization doing field work would do
well to follow the custom admirably illustrated by Frank B. Gilbreth,
of issuing regular standard instructions to foremen and to employees
generally. These instructions have been published in book form by the
Myron C. Clark Publishing Company, and are an admirable example of the
type. The idea follows that of the old Railroad Company's "Book of
Rules" that will tend toward evading similar accidents in the future.
In this manner eventually a contractor can obtain a control of his
organization, and a freedom from accidents, that will be extremely
valuable.
=Chronological Charts.= These are intended to show the proposed time of
completion in certain parts of the work. A valuable aid to a manager on
work requiring a large amount of material, and where there is a small
amount of available space, is a chart showing the time and quantity
of expected materials and supplies. This will enable him to see at a
glance where he may expect to be in the matter of his materials, and
will tend to relieve his mind of one of its most annoying problems.
These same charts can also show him the estimated times of completion
of certain parts of the work.
REVIEW QUESTIONS.
PRACTICAL TEST QUESTIONS.
In the foregoing sections of this Cyclopedia numerous illustrative
examples are worked out in detail in order to show the application of
the various methods and principles. Accompanying these are examples for
practice which will aid the reader in fixing the principles in mind.
In the following pages are given a large number of test questions
and problems which afford a valuable means of testing the reader's
knowledge of the subjects treated. They will be found excellent
practice for those preparing for Civil Service Examinations. In some
cases numerical answers are given as a further aid in this work.
REVIEW QUESTIONS
ON THE SUBJECT OF
PURCHASING AND STORES DEPARTMENT
1. What information is required by the purchasing agent?
2. Outline a system of catalogue filing suitable for a business of your
own selection. What styles of files would you recommend?
3. Describe and illustrate with suitable forms, a system of catalogue
indexing.
4. Explain how special quotations can be recorded, and illustrate with
a suitable form.
5. What method would you suggest for keeping a record of orders placed?
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