Word: churn
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Dates: during 2000-2009
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...measure the risks and rewards of moving into new markets, bringing out new products, or making capital investments. Myriad data and assumptions can be plugged in: possible new technologies, changes in government regulations, what rivals may do. The one constant most businesses can count on is churn. "If you know something to be true, it's already history," Williams says. A recent McKinsey & Company online survey and study found most executives are unhappy with their company's strategic planning. But it also found that corporate strategies often fail because managers are loath to admit they were wrong and make midcourse...
...Another idea: Start a modular home industry - not to build "souped-up" trailer homes but quality custom-builts, a modern-day version of the old Sears catalog home. KB Homes is already using similar technology, and why couldn't New Orleans, he wonders, attract modular homebuilders to churn out a new generation of affordable housing for the nation? The AFL-CIO investment fund in Washington, notes Kroloff, is looking to pour $1 billion into New Orleans...
...more Baghdadis are taking steps to adopt new ones. The market for counterfeit IDs is booming. Since the start of this year, the asking price has doubled to $100 per card. Iraqi IDs are primitive, with data written by hand on cards that are then laminated. Forgers can churn out scores a day. And that's just one survival technique for those in the line of fire. Websites like the Iraqi League (www.iraqirabita.org) offer detailed tips on how Sunnis can pass themselves off as Shi'ites - like how to pray in public places (there are small differences between...
...Hyundai Motor's car factory in India, set amid palm-studded marshes on the outskirts of Madras, is a gleaming example of what could be the future of India's economy. Built for $1 billion, its high-tech robots and monstrous steel-pressing machines will churn out 300,000 Accent sedans and other vehicles this year, at world-class quality levels. Hyundai has been shifting production of its smallest cars to India to take advantage of low costs, thereby keeping the business profitable. One-third of its cars produced in India are exported to Germany, Peru, South Africa and elsewhere...
...than calling is the preference of most teens, who punched out more than half of the 5.1 billion text messages sent in Australia in 2003-04. For the occasional texter, tapping out a short message can take several minutes and is hardly worth the bother. But nimble-fingered teens churn them out like professional typists, lacing them with abbreviations such as 2moz (tomorrow), bf (boyfriend) and omg (Oh, my God!). At stricter schools, pupils type and send messages during class without removing their phone from their pocket. During the last school holidays, when 16-year-old John...