Word: businessese
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Dates: during 1960-1969
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Money Makes Money. Cleveland's Art Modell, 41, a former shipyard worker, parlayed three growth businesses-television, supermarkets and professional sports-into a fortune. He put TV sets in supermarkets, then broadcast special programs for shoppers, and with the profits from commercials bought football's Cleveland Browns, now...
The chairman of the Federal Reserve Board, who two weeks ago shook the business community by comparing 1965 with 1929, persisted in sounding bothered. Said William McChesney Martin Jr.: "I have businesses to worry about in good times and bad times. If I weren't worried, I wouldn'...
ON BUSINESS & EDUCATION: "Many educational institutions have become businesses and factories, while many businesses have become fine educational institutions. You can do just as much educating in the steel or food business as you can in the educational system. By measuring everybody equally, the university becomes a factory, destroying motivation...
ON THE FUNCTION OF A CORPORATION: "Most companies will say: 'We are in business to make a profit.' I think the better companies could just as well say: 'Our primary purpose in business is sociological. Our whole objective is to treat our customers right, and treat our...
> In Detroit, Michigan's Supreme Court affirmed a circuit court's award of $26,500 for "loss of society and companionship" to the parents of Linda Kay Hopkins, a Michigan State cheerleader killed at 21 in an auto collision five years ago. In rejecting the defendant's...