Management Problems Quotes
In the older Communist economy companies, profit was not required so companies hired many workers to provide employment for as many as possible. Under the newer economic system companies had to become efficient and profitable. But old traditions die hard.
In 1933 the incoming President, Franklin Delano Roosevelt, personally took charge of the U. S. delegation at the World Disarmament Conference in Geneva, much to the disappointment of professional diplomats at the State Department: