Rotary is an organization of business and professional leaders united worldwide, who provide humanitarian service, encourage high ethical standards in all vocations, and help build goodwill and peace in the world. The Rotary 4-Way Test was created by Rotarian Herbert J. Taylor in 1932 when he was asked to take charge of a company that was facing bankruptcy. The 4-Way Test became the guide for sales, production, advertising and all relations with dealers and customers, and the survival of the company is credited to this simple philosophy: "Of the things we think, say or do: 1. Is it the Truth?; 2. Is it Fair to all concerned?; 3. Will it build goodwill and better friendships?; and 4. Will it be beneficial to all concerned?"