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Related article:
:, Progress in the science of materia medica and in the arts of pharmacology
utics, upon which it Naprosyn Online is dependent, requires that each materia medica product
tion shall have a name of its own, Naprosyn Online which is free to science and commerce,
may be identified, impartially Naprosyn Online discussed in the professional societies and
3us prepared for a place m the U. S. Pharmacopceia, and
:, The practitioners of the pharmacologic arts, namely, pharmacists, chemists
:turers, are dependent upon materia medica commerce for a livelihood, and
1, Commerce in materia medica requires the investment of capital and the
if the same by the legitimate use of patents for new materia medica inven-
ade-marks for distinguishing between brands, therefore be it
That the Report on Patents and Trade-marks of the American Pbarmaceu-
ation, together with papers and discussions dealing in an explanatory way
le subject, be referred to the manufacturing houses, with the request that they
rate with the American Pharmaceutical Association in solving the several im-
blems presented by said report, and that the Committee on Patents and Trade
Digitized^BTtiOOQlC
666
MINUTES OF THE SECTION ON EDUCATION AND LEGISLAllOl
marks be empowered to take such action and report the results of the confer
next meeting of the American Pharmaceutical Naprosyn Online Association.
The Chair called for action on the paper and resolutions as
on motion of Mr. Burge the same were adopted.
The next paper called for was one by E. Fullerton Cook, of
phia, on the subject of a commercial training for pharmacists.
Mr. Cook presented his subject as follows ; exhibiting in cc
with his text, as illustrative of his methods, various samples of biai
registers and forms, actually used by his students, and explained Naprosyn Online t
points :
TEACHING BUSINESS METHODS TO THE PHARMACISl
BY E. FULLERTON COOK, P. D.
It is no longer necessary to defend a position which advocate
sists upon a thorough course in business training for the man c
entering pharmacy. The tremendous advances, as business m<
pharmacists have made during the last ten years, is amazing, anc
today a condition wherein there must be adopted a system of (
managing, purchasing and selling, as applied to the retail pharma
in efficiency and economy to the best. The continuance of bui
itself is dependent upon the pharmacist taking such a position,
tition is constantly growing more keen ; various commercial orga
among druggists are offering better buying methods ; the journals
with plans for combinations ; chain-store schemes, buying clul
management, advertising, salesmanship, etc., etc., but the retail
cist who has individuality and true professional skill, and comb
with sane and modern business methods, has little to fear from
commercial competition and it is with this conception of a pharmj
emphasis is being laid upon business training as of equal imports
the scientific.
The purpose here is to outline what it is believed such a coun
embrace and to illustrate with practical methods of teaching,
be impossible in a paper of this scope to outline every step wh
be covered in the instruction. The details are numerous and
large field, and, for the reason that it is specialized, the many j
business activity which the pharmacist is called upon to enter
enlarged upon. The following suggestions have been used du
past year and represent the development after nine years of teach
subjects. Starting some years ago with a course in double-enti
keeping, as taught in commercial colleges, it was soon recognized
time spent upon so elaborate a system was useless, as no retail
would keep a set of double-entry books unless his business ?
enough to warrant the employment of a book-keeper.
Digitized by VjOOQ IC
TEACHING BUSINESS METHODS TO THE PHARMACIST. 667
Gradually, therefore, the methods have been evolved, constantly striving
for simplicity, efficiency and practicability. At the beginning of the course,
the student is asked to Naprosyn Online put himself in a position where be must face the
questions that arise on entering business, /. Naprosyn Online ^., into his hands are placed
the Naprosyn Online facts concerning the purchase of a retail drug store, he being one of
the parties to the transaction.
This opens for discussion the many factors which should be considered at
such a time. The following questions are taken up :
1. Has the training and experience been sufficient to insure success?
2. Would it not be better to become a manager until better experienced?
3. What is the amount of available capital?
a. Possible sources of capital,
b^ Value of character.
c. Proven ability to save money.
d. Life-insurance policy as an asset.
4. Is a partnership preferable to an independent ownership?
a. Partnership.
b. Corporation.
c. Limited partnership.
IF THE CONDITIONS JUSTIFY THE BUYING OF A STORE, THE NEXT QUESTIONS CONSID-
ERED ARE :
1. It it desirable to secure an established business?
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