Word: consumerized
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"I like change," says Eastman Kodak CEO Daniel Carp. "I'm one of those people that has to have change." Good thing, because Kodak has had plenty of it. Carp is now well into the monumental task of dragging the iconic American company that invented consumer photography more than a...
Cigarette manufacturers, however, have not extended the sale of this product nationwide. They have cited increased costs and low consumer demand as reasons to keep RIP cigarettes off the shelves.
Forget the accounting scandals, the CEOs fending off fraud charges, the churning stock market. The business world has become obsessed with corporate nuptials. Merger mania is back, executives are cashing out and, if history is any guide, investors should be running for cover. A couple of months ago, Kmart and...
Why the shopping spree? In part, it's a self-perpetuating cycle. Once a few big companies in an industry join forces, everyone else feels compelled to hook up. (In consumer products, the betting now is that Kimberly-Clark and Colgate will be next.) The buying binge is also being...
As R. and D. goes global, other countries are also attracting attention, most notably China. Of the more than 200 foreign companies with research facilities in China, a handful are doing substantive research. About a month before Microsoft made a splash with plans to expand its 170-person Beijing research...