MANAGEMENT: Problems & Challenges

When the 3,500 delegates to the 61st Congress of the National Association of Manufacturers met in Manhattan last week, their avowed theme was the "new dimensions" beckoning the modern businessman. But most of the N.A.M.'s attention was devoted to such perennial targets as union activity ("encroachment on individual rights") and big government ("The termites of welfare statism eat out the foundations of our society"). When it came to exploring the new dimensions, most of the talent was imported.

Translating the importance of NATO's future into business terms, retiring NATO General Alfred M....

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