Word: acquiree
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It details admission standards, thus helping students eliminate wasted applications, and goes on to describe the academic environment at each college so that applicants will not learn too late whether a school is intellectually lazy, rigorous, or so tough that the dropout rate is alarmingly high. Cass and Birnbaum examined...
Compulsive Competitor. Though it seeks to acquire products and markets from other companies, 3M is more interested in inventing its own. It supports 2,500 scientists and technicians in 44 laboratories, and each scientist can spend at least 15% of his time puttering on any project that he wishes. "If...
Marseille is the halfway house on the world's main route of illicit drug traffic. Crude morphine from the Middle East is smuggled into the tough, jaded Mediterranean port and converted to heroin. It is then sent to New York by clandestine carriers as diverse as diplomatic pouches and...
California's Litton Industries has grown into an $860 million electronics-based business since it was started in 1953 by three refugees from the Howard Hughes empire. Its stock has zoomed from 10? a share to $75 (value after splits: $300), making millions for its founders: Charles ("Tex") Thornton...
The result may put pounds on the populace, but "It also means an astounding expansion for the snack industry, which last year accounted for almost $2 billion in sales of everything from potato chips to pretzels to pralines. Attracted by such growth, dozens of big companies have hastened to get...