Word: intel
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Dates: during 1980-1989
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...obscure spots in the Third World. In Accra, Ghana, a three-mile taxi ride costs $10.92. A drink in a bistro in Kinshasa, Zaïre, is $6.05. The most expensive city in the world at present is Bridgetown, the capital of Barbados, where U.S. companies, including TRW, Intel and Playtex, operate manufacturing plants to take advantage of low wage rates. A hotel room with breakfast there is a stunning $155.36. The world's least expensive city this year, as last, is Peking. A capitalist looking for a share of the China trade can dine on Peking duck...
...Ingersoll-Rand. Laurance Rockefeller in 1938 helped start both Eastern Air Lines and Douglas Aircraft. When younger members of the Rockefeller family decided that they wanted a part of the action, a broader risk fund called Venrock was created in 1969. It has since made lucrative investments in both Intel, a successful semiconductor manufacturer, and Apple Computer. One venture that did not work out was Advent Corp., which filed for bankruptcy when its big-screen TV sets did not sell. Admits Managing Partner Peter Crisp, 48: "We have some companies that have lost money, of course, but no really...
...using inflation accounting last year showed that real profits were about 40% less than those reported on the normal balance sheet. Another survey, by Arthur Young & Co., revealed after adjustments for inflation that airlines, railroads and tire and rubber companies actually lost money. High-technology companies like IBM and Intel were the only sector of U.S. industry to do better on an inflation-adjusted basis. Reason...
Theory Z-style corporations are not simply a business-school ideal. They already exist widely in Japan, where American business practices and production methods have long since been adopted. There are also a few American corporations that have these characteristics. Among those spotlighted by Ouchi are IBM, Intel, Procter & Gamble and Hewlett-Packard...
...other hand, the Theory Z companies in the U.S. already use at least some of the management practices that are so commonplace among Japanese firms. Ouchi notes that Intel Corp., a technological leader in the microelectronic field, has fostered a collective work eth ic by dividing employees into project teams. At Hewlett-Packard, worker turn over has been kept to a minimum during economic slumps by reducing the work hours for all employees and by cutting back on perquisites. In many of its plants, consumer products giant Procter & Gamble uses semiautonomous work groups that allow employees to govern their...