Word: demandingly
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...year produces as many as 40 million chairs of all shapes and sizes--typically of beech and oak wood--for offices, homes, hotels, cruise ships, hospitals and restaurants around the world. Locals like to boast that the district in its heyday made 1 of every 3 chairs sold. The demand provided ample work for a tight-knit network of 1,100 highly specialized small firms. And it transformed a once modest rural area into one of Italy's richest and most dynamic commercial zones, a district with virtually full employment and a chronic shortage of skilled labor. "We were...
...miles away. Production of chairs for the masses began in the 1800s, but the real boom came after World War II. Big distributors, primarily from Germany, discovered the local craftsmanship and started buying in bulk, turning Manzano chairs into a $1 billion-a-year business. To cope with the demand, the number of firms grew tenfold as highly specialized artisans set up their own shops, supplying individual parts to their neighbors, who would then work them into the next stage of the manufacturing process. One artisan would do just leather upholstery, for example, or specialize in varnishes. The highly decentralized...
...most information and knowledge—and make that information and knowledge easily accessible to the greatest number of individuals and enterprises,” the report states. The report calls for countries to either follow Finland’s example of raising public funding to meet increased educational demand, or copy the U.S. model where universities rely heavily on private tuition. “The [European Union] universities are in crisis,” said Krupp Foundation professor of European studies, Peter A. Hall. He said that while enrollment has risen in many European universities, the increase...
...ranks of Taiwan's 100 largest public companies. Investor enthusiasm for the company, a spin-off from little-known maker of electric bikes and motors JI-EE Industry, is largely explained by one simple fact: E-Ton has pre-sold its entire 2006 production due to growth in demand worldwide...
...That expansion could pose a danger to investors. Even though solar power manufacturers are relatively few in number, additional factory output coming online this year in Taiwan alone will outstrip the growth in demand anticipated from California's initiative. In addition, new players entering the market and competing for already scarce silicon wafers will likely drive up production costs, writes CLSA analyst Timothy Chen, who recommends investors sell Motech because it's overpriced...