Twelve Principles of Efficiency
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Whilst the greatest effort has been made to ensure the quality of this text, due to the historical nature of this content, in some rare cases there may be minor issues with legibility. In the volume now published, the author de fines twelve principles by which efficiency is determined. Five of these concern relations between men - or, in the industrial problem, specifically between employer and employee. Seven of them concern methods or institutions and systems established in the manufacturing plant or in the Operating and distributing com pany. These twelve principles are so definite.
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