The model stock plan

Bibliographic data

Monograph

Identifikator:: 1820833348

URN:: urn:nbn:de:zbw-retromon-210730

Document type:: Monograph

Author:: Filene, Edward A. http://d-nb.info/gnd/123562244

Title:: The model stock plan

Place of publication:: New York

Publisher:: McGraw-Hill Book Company

Year of publication:: 1930

Scope:: xiv, 253 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter I. The way to greater total profits

Collection:: Economics Books

THE MODEL STOCK PLAN 5. Better, fresher styles’ are constantly offered. 6. Greater safety results because the whole method of Model Stock operation is more basically sound. Presumably we want to approach the profit-making methods described in this book with the attitude that will make out of it the most money for our business; it is well to keep in mind half a dozen closely related points. They are, in the order that they should be considered: 1. Just because the method has been worked out in its greatest detail in retail merchandising and earned profits does not mean that it pays only in retailing. 2. It pays as surely when applied in other lines of business, such as manufacturing and wholesaling, book publishing, passenger and freight transportation.’ 3. The basic principles underlie all business; no business is “different.” 4. Retailing, especially department-store retailing, is one of the most complex forms of commercial organization. 5. Almost every other kind of business, therefore, can easily adapt and earn profits with an operating method that fits the intricacies of department stores. 6. This is not theory. It is practical experience. The idea underlying this book has made money for manufacturers and jobbers as well as retailers.® In fact, once the method is at all generally applied to retailing, it means that it will have to be applied to produc- ton. Tt cannot avoid inevitably working back to produc- 1 A larger, more profitable volume of sales of style goods will come to any business operated on the plan described in this book, because, as Chap. VIII, p. 110, explains fully, such a business is always open for new styles. 3 Total profits have been materially increased by applying the Model Stock Plan principles to such widely diverse lines of business as steamship transporta- tion, book publishing, and many kinds of manufacturing, as we shall see in Chap. XIV, p. 198, and Chap. XV, p. 200. The Model Stock Plan’s more- profit possibilities are distinctly #ot confined to retail merchandising. 8 Chapter XIII, p. 185, deals fully with the experiences of a number of manufacturers and wholesalers in using Model Stock Plan principles and methods. It is advisable, of course, to study the plan as outlined in the earlier chapters for the sake of a thorough understanding of Chap. XIII in the light of the whole plan.

Access restriction

Copyright

fullscreen: The model stock plan

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation