Word: generics
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Dates: during 2000-2009
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Merckle began small, taking over a family company with just 80 employees in 1967. In the following years he transformed it into a vast corporate empire of 120 companies that generate revenue of some €30 billion, employ around 100,000 people and range in concerns from generic-drug maker Ratiopharm to Germany's biggest cement maker, HeidelbergCement. An unassuming lawyer, he was Germany's fifth richest individual and 94th on Forbes' list of the world's richest people, with a net worth estimated at nearly €7 billion ($9.2 billion...
...then it's obvious what comes next - words of greatness, or at least a flood of generic colloquy delivered while a background orchestra slowly builds to a crescendo. The obligatory inspirational movie speech is a tool used so often that characters, plots, settings and even centuries are virtually interchangeable...
...album, “Universal Mind Control,” the aging rapper replaces those influences with newer artists like Kanye West and Chester French. Common’s entrance into a new crowd implies a baldly careerist effort to modernize his sound. The result is a resolutely generic club rap album entirely devoid of the musical experimentation and rhythmic virtuosity that defined Common’s early collaborators. Early in his career, Common gained a reputation for focusing on social and political issues instead of gangsterism and consumerist machismo. From the first verse of his new album?...
...deals are more generic on Cyber Monday and half as good [as Black Friday]," says Vincent. Stores will make up for that with extra enticements like lower purchase minimums for free shipping or a free-shipping voucher with gift-card sales, a promotion Lands' End is having. "Free-shipping deals is a minimum cost of entry," says Cassar. "Essentially, retailers will subsidize it, with those costs coming out of their margins." In addition, sites will offer more bundles like "buy one, get 50% off another item," which help stores move two pieces of merchandise and lower their inventory levels. This...
...European medicines market is worth over $175 billion. Europeans spend some $275 billion a year on pharmaceutical products - an average of $550 for every man, woman and child. But generic medicines can cost as much as 90% less than branded drugs: total savings gained by copycat drugs entry amounted to at least $17 billion over the 2000-2007 period examined by the Commission. Without these savings, the total expenditure for the medicines would have been more than 25% higher...