Word: cheaping
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Dates: during 2000-2009
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...Sony's market-leading PlayStation video-game console and its final assembly take place there. In fact, of more than 1,000 companies surveyed by the Japan External Trade Organization, 42% said they are considering shifting some or all of their manufacturing operations to the mainland. Labor is cheap, of course. But also, according to Tadashi Matsumoto, senior vice president in charge of manufacturing for Toshiba Corp., Chinese workers "are more highly motivated and harder working compared to the Japanese...
...Napster's heyday, pirated TV shows were a rarity on the Net. But that changed with the advent of broadband home connections, $40 TV tuner cards that snap into your PC and cheap ways to store data. Looking for episodes of Friends? The MPAA counted more than 5,000 locations on the Internet last year where people could download episodes for free. Using custom software to track copyright violations, it also found 4,000 sites for The Simpsons and 2,000 for The Sopranos. Big Pussy is not going to like that...
Standing behind racks of candy bars at the cashier’s desk while selling lottery tickets, George Sarkis, the store’s owner, pledged he would sell “no cheap wine, no cheap beer, just really good stuff here...
...JetBlue profit from a simple strategy that the larger players like United have been either unwilling or unable to replicate. And the once great steel companies of America’s past—US Steel and Bethlehem Steel—have both been so unsuccessful in competing with cheap foreign producers and nimble competitors like Nucor that both have applied for bankruptcy protection this year, with the distinct possibility that Bethlehem may never emerge as a viable company...
...British guy isn’t cheap, he simply has not made the MAC a top priority. And he should...