Word: profitability
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Dates: during 1950-1959
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...became entangled. Thus, HSA's main problem for this second year, and perhaps for some years to come, will be making friends among the student members. Officers of the corporation are now walking a tight-rope; without some public approbation, the member concessionaires cannot make an adequate profit...
...establishment of the HSA could become a great boon for the Student Employment Office. Also, the corporation could benefit the bright student with a new profit-making idea. The HSA can provide credit to start a business, and will provide secretarial service for the new concessionaire. The Board of Directors can provide advice, and the Student Employment Office can refer other students as assistants...
Older concessions, however, can suffer under the NSA regime. Once the "founder" of a new concession has graduated from the University, his profit-making idea becomes the property of the Employment Office. Techniques could become stultified, and originality driven out. Continuous repetition "can be insidious," Burke states, and standardized practices could, in effect, destroy potential profits. There should be some provision to discontinue outdated agencies...
...make slingshots. Since then they have added three dozen other toys and gadgets to their production, now employ 670. Last year they hit their first jackpot with a lightweight plastic platter, the "frisbee." They have already sold about 2,000,000 Hula Hoops (93? wholesale, a 16% gross profit), hope to sell millions more before the craze dies...
...stores has doubled to 6,000, and there are another 6,000 gourmet corners in groceries, drug and department stores, supermarkets, etc. It is in the supermarkets that the greatest potential market is beginning to grow. Supermarkets, which usually work on a 16% to 20% markup and a 1.6% profit margin, are turning to the fancy foods because of the high markup...