Word: franchisee
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Dates: during 1960-1969
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Kennedy manipulated stocks and securities with a shrewdness close to genius. He sensed disaster approaching in 1929 and well extricated himself from the stock market before the crash. He made at least $1,000,000 by selling short when the panic came. "Only a fool," he told a friend, "holds...
France's Perrier company has built an empire on water. Besides selling half of the roughly 2.5 billion bottles of mineral water that Frenchmen drink every year, it has the national franchise for Pepsi-Cola and is one of the largest makers of chocolate and other candy in France...
Off the Beat. One morning last week, the 8 a.m. police shift went off to the Paul Sauvé Arena to argue strike tactics instead of reporting to their beats. Suddenly the city was left unguarded. By 11:20 a.m., the first bank robbery had occurred. By noon shops began...
Thin on Diet. Nobody knows what the campaign will eventually cost. Much of the money will be paid by the bottler-distributors-provided that Coke can persuade them to come across. Franchise contracts are now so liberal that bottlers can do things that dismay headquarters-for example, placing some Coke...
The growth of national politics with a universal franchise and universal publicity has made it much harder for a public figure to hide his indiscretions. Only politicians with safe constituencies can carry on the way they used to. By pacifying their constituents with assorted favors, Congressmen as diverse as South...