ISBN: 9781145332218

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 illustra… Meer...

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. 1904 Excerpt: .motive to efficiency is present when sharing reward is connected immediately and directly with effort, not with some result only slightly under the worker's control. In profit-sharing the added share is only partially due to increased effort of the'worker. Labor is but one of the 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. 1904 Excerpt: .motive to efficiency is present when sharing reward is connected immediately and directly with effort, not with some result only slightly under the worker's control. In profit-sharing the added share is only partially due to increased effort of the'worker. Labor is but one of the groups of costs. Profits are the net result of many influences. Chief among these is the wisdom of the enterpriser in planning and conducting the business. The "profits" may be nothing, though the worker may be exerting himself to the utmost. The plan is, therefore, reactionary, not in accord with the general progress of the wage system, which is tending constantly to centralize responsibility, to put the risk into the hands of competent managers, and to secure to the worker a definite amount in advance, as high as conditions make possible. The system of premiums, or bonus payments, for output, gives in most cases better results and is rapidly spreading. It is sounder in conception and works better in practice. This premium depends on the increase by the laborer of the output of his particular machine or process as compared with a standard based on the experience of some definite period. § Ii. Producers' Cooperation 1. Producers' cooperation is the union of workers in a Purpose of self-employing group to do away with any other enterpriser conation than themselves, and to secure for themselves the profits. Its object is not to do away with any return on the capital Its limited success Its main difficulty investment. Capital may be borrowed either from outsiders or from the individual cooperators, and is paid a stipulated interest apart from the profits. The source of the gain is to be found in the saving of what the worker looks upon as the needless drain of profits i. Books, Business & Economics~~General, Principles-of-Economics-with-Applications-to-Practical-Problems~~Frank-Albert-Fetter, 999999999, The Principles of Economics, with Applications to Practical Problems, Frank Albert Fetter, 1145332218, Nabu Press, , , , , Nabu Press<

ISBN: 9781145332218

The Principles Of Economics, With Applications To Practical Problems Frank Albert Fetter, Books, Business and Finance, The Principles Of Economics, With Applications To Practical Problems… Meer...

The Principles Of Economics, With Applications To Practical Problems Frank Albert Fetter, Books, Business and Finance, The Principles Of Economics, With Applications To Practical Problems Books>Business and Finance This is an EXACT reproduction of a book published before 1923. This IS NOT an OCR'd book with strange characters, introduced typographical errors, and jumbled words. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.<

ISBN: 9781145332218

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either pa… Meer...

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. Frank Albert Fetter, Books, Business and Finance, The Principles Of Economics, With Applications To Practical Problems Books>Business and Finance, Nabu Press<

2010, ISBN: 9781145332218

The Principles of Economics, with Applications to Practical Problems: Paperback: Nabu Press: 9781145332218: 23 Feb 2010 Business & Management Books, , , , The Principles of Economics, wi… Meer...

The Principles of Economics, with Applications to Practical Problems: Paperback: Nabu Press: 9781145332218: 23 Feb 2010 Business & Management Books, , , , The Principles of Economics, with Applications to Practical Problems, Frank Albert Fetter, 9781145332218, Nabu Press, , , , ,<