Word: exported
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Stringer will be asked to export that leaner, meaner strategy to Japanno easy task. One knock is that in a company dominated by engineers, he isn't an engineer. "I'm not a musician, yet I manage a music company," he counters. "I'm not an actor, and I manage Hollywood." His goal: to concentrate on products, not process, which has choked innovation at Sony. "We have to find a way to streamline the place," he says, "to focus on engineers and products and get out of the way." But he also has to rid the company of its infamous...
...young businessman named Akio Morita made his first trip outside Japan in 1953 to investigate export prospects for his struggling little electronics company. He was dismayed to find that in the sophisticated markets of the U.S. and Europe, the words made in Japan were a mocking phrase for shoddiness. But in the Netherlands, he recalls, "I saw an agricultural country with many windmills and many bicycles, and yet it was producing goods of excellent quality and had worldwide sales power. I thought that maybe we Japanese could do it too." Indeed they could. A month ago, Morita took...
Kolbe, who is currently serving as the chairman of the House Subcommittee on Foreign Operations, Export Financing and Related Programs, will sit on a panel on immigration reform on March...
...which has never been watertight) will be ended this year. Conceivably, though, threats of retaliation from the U.S. Congress might convince the E.U. to back down?Sen. Richard Lugar, chairman of the Senate Foreign Relations Committee, told the Financial Times recently that he would support a ban on the export of sensitive American technology to Europe if there were a chance it would end up in Chinese hands. That will be enough to persuade some European firms with substantial American business?such as BAE Systems, the U.K's largest defense company?to stay out of the China game...
...euro against the dollar, which Tyson, among others, last year warned would hamper economic growth. The Europeans have so far managed to keep their economy's recovery on track--slow, perhaps, but definitely better than a recession. How did that happen? The euro's rise, in theory, made European exports far less competitive. But until now that effect seems to have been mitigated by the overall increase in worldwide demand for goods. Exports from Germany, Europe's biggest economy, rose 10% last year, to a record $941 billion, and its trade surplus increased 20%, to $200.3 billion, according to Germany...