Word: competitor
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Dates: during 1980-1989
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...over legions of business users. As a result, IBM's earnings have slipped from $6.6 billion in 1984 on total sales of $46 billion to an estimated $5.5 billion last year on total sales of $60 billion. In an attempt to cut its costs and become a more nimble competitor, IBM last week announced its fourth belt-tightening program in three years...
Declaring that high quality in U.S. goods and services is a top national priority, the President maintained that companies like Xerox and Milliken are leading a comeback from the days when many American products were being shunned because of a well-deserved reputation for shoddiness. Said he: "No competitor gave them a tougher time than they gave themselves. Both of these manufacturing firms were well-established leaders in their markets, and yet both were being steadily squeezed out by the intensive foreign and domestic competition. And in the midst of this crisis, the men and women of these companies found...
...great degree, American business has turned to its principal competitor, Japan, to learn how to restore quality. Ironically, what U.S. executives think of as "the Japanese method" was pioneered largely by an American statistician, W. Edwards Deming, 89, who began preaching the quality gospel to receptive Japanese industrialists in 1950. During the 1980s, thousands of U.S. companies borrowed the so-called quality-circle concept, in which teams of employees are encouraged to participate actively in monitoring and improving their part of the production process...
...newcomer is priced accordingly. With 20 megabytes of memory on its hard- disk drive, a basic version of the LTE retails for $2,999. A more powerful model offers 40 megabytes of hard-disk memory for $4,999. Even at those prices, the LTE will be a formidable competitor, according to industry analysts. Boasts Compaq spokesman John Sweney: "It's a full-function PC. It gets everything into that same size without any of the compromises that other manufacturers had to make." Compaq is aiming at a hot new market: laptop sales are expected to grow from 834,000 units...
...competition," concedes Gianni Agnelli, chairman of Italy's Fiat. Still, some success stories show that Western Europe has not been entirely eclipsed at the high-tech end of the market, where the battle for survival will be keenest. Airbus Industrie has emerged as Boeing's main competitor in the lucrative commercial aviation sector. While the U.S. struggles to regain momentum in its space shuttle program, Western Europe's Arianespace, the commercial arm of the 13-nation European Space Agency, has completed 33 launches and has $2.1 billion worth of contracts on its order books. On the research front, Western Europe...