Word: caterer
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...says, "many German firms did their homework, and now they are benefiting from it." He thinks Germany could go further, for example, in reducing high nonwage labor costs. But Germany still has competitive advantages, he says, pointing to its traditional engineering prowess combined with a newer ability to cater to the needs of individual clients. The challenge, he tells TIME: "It's all about mastering complexity...
This ability to cater to fickle tastes is just one manifestation of an extraordinary flexibility that BMW has injected into a company that sold nearly 1.4 million cars last year, bringing in $65 billion in revenues. It's a flexibility that affects almost everything the firm touches, from the layout of its assembly lines to the working hours of its administrative staff to relationships with its unions and key suppliers. BMW has mastered the manufacturing fine art called mass customization: no two cars rolling through its assembly lines on any given day are identical. Its factories can cope with...
...While newspapers and magazines cater to the casual princess watcher, some pilgrims want more solid mementos. Every summer they descend on Althorp, the historical home of Diana?s family, where for $25 they can walk through the rooms she played in as a child, check out the small museum that exhibits her favorite dresses and personal letters, gaze upon her grave that sits on an island in the middle of a lake - and pick up souvenirs, like a heart-shaped key ring ($12) or a bone china pillbox ($30). Diana merchandise still sells in main streets and malls in Britain...
...also an associate Crimson magazine editor, points out that WHRB continues to acknowledge its original Harvard audience—the station’s news and sports coverage, though a small percentage of the broadcasts, are Harvard-centric, and various programs such as Record Hospital and The Darker Side cater to the more underground college crowd by playing indie rock and hip hop, respectively...
...Shapiro ’08, president of the Harvard Secular Society, says she is disappointed that the requirement was nixed and that she hopes to see “more support for inquiry” between the two camps, though she doesn’t believe one group should cater to the other...