Word: profitability
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Dates: during 1930-1939
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...keen competition for markets among businesses today calls for high quality products and services and for the greatest possible efficiency in operations. Materials must be used to best advantage and costs of manufacture and distribution kept at a minimum if any company is to survive and make a profit. New uses for materials must be discovered, new products developed, and old products must be revamped and refurbished to meet and to whet the public taste for novelty and perfection. Back of this feverish struggle to excel, to beat the other fellow, to win customers, is the intensive search...
...specialist, usually a man trained beyond the limits of an arts college course. It is staff work, confining and exacting and is more in the nature of professional work that any other business function, with financial rewards about the same except for a very few top men. The profit motive extends to the industrial laboratory as it does to other business functions and the freedom one has had in the academic laboratory is greatly curtailed. The practical and experimental scientist rather than the theorist will find satisfaction in industrial research...
...National Distillers Products Corp. last week reported 1936 net profit of $7,753,251 or $3.80 a share on its common, compared...
Preliminary 1936 earnings figures showed a net profit of $580,000 for the K.C.S., comparing with a deficit of $955,000 in 1935. The L. & A. showed a $334,000 profit last year, comparing with $428,000 the year before. What the deal last week meant was that Harvey Couch's ideas on co-operation would be applied to freight operations, especially since the two roads together would have the most direct route between New Orleans and Kansas City by way of Baton Rouge, Shreveport, Texarkana and Joplin...
Price-cutting in the can industry is very unorthodox. Profit per can runs between two-tenths and three-tenths of a cent, which is not enough to tempt many people into the business unless they can hope for tremendous volume. Cans sell for about 2? each. At best it is a hard business to break into because the established can makers and their customers are usually tied together with long-term contracts, often with physical connections. Cans for Campbell soup in Camden, N. J. roll out of an adjoining Continental plant. And a neophyte can maker like Crown can hardly...