Word: businessman
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...enterprising businessman, Africa is the continent of extremes: nowhere is industry less developed; in few places is there more eventual need for it. A United Nations purvey out this week estimates that industrial production in Arab, black and white Africa will double in the next ten years, and quadruple over the next 20 years. But all this is atop a very small base. Per capita industrial output would have to increase 25-fold for Africa to catch up with the current levels in industrialized nations...
...James Hopkins Smith Jr., businessman...
Wives v. Boots. Founder and autocratic boss of this Down-East Abercrombie & Fitch is L. L. (for Leon Leonwood) Bean, 90, a crusty Yankee who is more woodsman than businessman. Bean still works vigorously each day in a glassed-in office amidst the production line, is proud of the fact that he has bagged 35 deer in his lifetime. ("That's a lot of deer, son. You can get only one a year, you know.") He personally edits each entry in the Bean mail-order catalogue, and his spare, disarming style has been used in advertising textbooks as exemplary...
...rise in depreciation charges is not as much of a burden on U.S. business as it might appear. Because depreciation charges are technically a cost, they are also not taxable-which means they actually give a businessman extra cash to spend, save or invest as he pleases. Many economists, in fact, argue that a company's strength lies not just in its net profit, but in its "cash flow," which is net profit plus depreciation write-offs. On this basis, the health of U.S. corporations as a whole is considerably sturdier than their profits figures alone would indicate. Though...
Says Inland Steel Chairman Joseph Block: "Everything has some labor content in it." And the notion that depreciation write-offs are even a partial substitute for profits leaves many a businessman cold. Says Conrad Jamison, vice president of Los Angeles' Security First National Bank: "Sure, you can put depreciation money into securities or pay it out in dividends. But sooner or later, you're going to have to replace that worn-out machinery, and it's almost a certainty you will have to pay more for the replacement than you did for the original. When you treat...