This article is based on a paper which Mr. Menzies gave to a symposium on Management in the Science‐Based Industries during the Joint Annual Meetings of the Royal Institute of Chemistry, the Chemical Society and the Institute of Chemistry of Ireland in Dublin, April 1–6, 1968. The symposium is to be published in full by the Royal Institute of Chemistry, 30 Russell Square, London WC1 and copies should be available by the end of June.
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