Word: backlogging
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...Backlog. The company in the past year has dumped the old top management, closed 137 of the chain's 1,206 stores and cut its work force of 85,000 by 23,000. Under Kendrick, Grant is once again emphasizing its traditional less expensive lines of apparel, beauty products and home furnishings. But the chain is still carrying a mountainous backlog of air conditioners, refrigerators and other big appliances. Even if Grant can squeak past the threat of a bankruptcy liquidation next year, its future survival could well depend on how profitably it manages to sell off its inventory...
...Lockheed statement claimed that payments were necessary to its success in some sales overseas but did not list the specific payments. This secrecy was defended by the assertion that "disclosure could have a serious impact on several hundred million dollars of the company's present backlog" of $1.6 billion in foreign orders. Haughton denied both Senate committees access to the details: "Attempting to establish names of recipients or attempting to prove that payments had been received in specific foreign countries would be unfair, would serve no useful purpose and would cause a maximum amount of harm." (August 25 hearings...
Lockheed went further. It stated that identifying its beneficiaries could hurt its $1.6 billion backlog of unfilled foreign orders, presumably by causing embarrassed foreign governments to cancel contracts, and also damage prospects for future sales. Nor would Lockheed promise to make no more political payments. Such payments, it said, are a normal and necessary feature of doing business in certain parts of the world, are essential to sales and "are consistent with practices engaged in by numerous other companies abroad...
Fixed and determined sentences would "treat like cases alike, and thus be more just," he said. They would also "aid in eliminating the backlog of cases in the courts," Wilson added...
...years and much of it is shoddy and uncommodious." Due to the lack of atmospheric controls, there has been a general rotting away of the museum's collection. "Anything that is really critical can be gotten to," says chief conservateur Arthur Beale, but there is a two year backlog of work in all four laboratories"--painting, objects, paper and research...