The Traveling Capitalist
MOST businessmen are happy if they get 10% of their profit from overseas business.
But not Stanley C. Allyn, the chairman of National Cash Register Co., whose products start with the grocer's $200 till and top off with a $1,000,000 electronic computer. "Chick" Allyn already counts 40% of his profit from his business abroad, figures to up that ratio to 50% this year. Says he: "We're not going to compete with foreign producers just by yelling for tariffs. It's going to take hard work. If we get fat and lazy, we'll wind up a second-rate nation."
CHICK ALLYN likes to say...
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