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Table of Contents

One of the strongest features of the Course is the series of twenty-four Problems—such problems as accountants, financiers, bankers and business managers meet in practice—especially prepared for the Course by members of the Institute Staff.

Each Problem is a carefully worded statement of all the essential factors in some business situation; in other words, the situation is presented and described just as it might be in the report of a subordinate official to the head of a business enterprise. The Problems are so arranged as to correspond closely to the assigned reading. For instance, after the subject of cost accounts has been discussed, a Problem is given in which a knowledge of cost accounting principles is called for. Thus, the Problems serve not merely to test the subscriber's understanding and thinking power, but also to fix in his mind and make definite the statements and principles contained in the Text volumes.

When solutions to the Problems are sent in, they are criticised, graded, and returned with suggestions for further study. Solutions to the Problems are not, however, required. Some of the titles are:

The President's ChoiceAdvertising the Ayer-Hall SawsRemodeling the Rowland-Johnson Company's Sales OrganizationA Question of Profits and Financial ConditionThree Foreign Exchange SituationsScudder's System to Beat the MarketThe Reorganisation of the Industrial Realty CompanyEmbarking in Foreign TradeA Fire and Its Consequences