Word: functionalities
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...shipping and receiving departments have been mentioned. They are a purely service function, and while very frequently college men spend a part of their apprenticeship there, it is of no long-time interest...
Purchasing Valuable Function...
Occasional printing of correspondents opinion is a stimulus to editorial enterprise, but in omitting all comment, the newspaper forfeits much of its power to preserve any unity of principle. The function of the paper is that of the chairman in a debate, and it is this function which is surrendered with the disappearance of the writes editorial...
...consumer. In the case of businesses which manufacture paper, dye stuffs, and other materials the goods go through the hands of at least one sales representative. The general field of salesmanship has shown many changes in the last forty or fifty years. Originally there was the drummer whose chief function was simply to unload; then came the salesman who again tried more or less to unload the product, but who usually sought to do a more intelligent job than had previously been done. As business has developed the purchasing agent has come into being, the service element has been stressed...
...Potter, president of Guaranty Trust, will retain their positions with the merged bank. Charles H. Sabin, board chairman of Guaranty, becomes vice-chairman of the board in the new organization. He will also be full board chairman of Guaranty Co. (the investment subsidiary of Guaranty Trust Co.) which will function for the combined institutions. The merger appears to have swallowed up 49-year-old Stevenson Ward, Commerce president, who figures in the merged bank only as one of a long list of directors. Morgan influence in Guaranty-Commerce is emphasized by the appointment of Thomas William Lament as chairman...