Word: itt
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...second point is easier to refute, simply by virtue of its absurdity. Harvard's sale of stock in corporations which do any part of their business in South Africa (and the bulk of the firms under discussion, including IBM, GM, Ford, and ITT, do a minuscule amount of business there) will be welcomed gladly by a myriad of investors around the world, who will snap up the stocks and never consider the moral heinousness of apartheid. And South Africa itself would like nothing better than to have all stock in companies operating within its borders owned by silent and uncaring...
...little moral value to and of itself because as Americans we will never successfully cleanse ourselves of the corporations which do business in South Africa. Of the top 50 companies in the United States, more than half do some business in South Africa. Companies like CM, Ford, IBM, ITT and Exxon, so intricately connected to our daily lives, have operations in that nation. We would need to boycott everything from automobiles to telephones to maintain that we are morally free of apartheid. Of course, this would be a ridiculous undertaking, but without this isolationism, advocates of divestiture could make...
...Track vs. Exeter, ITT...
...once again, the squad with the best relay performances would leave the the ITT the winner...
Some business executives are skeptical. They believe that entrepreneurship cannot exist inside a large company on more than a token basis. Harold Geneen, the builder of ITT, contends in his 1984 book, Managing, that "entrepreneurism is the very antithesis of large corporations." Shareholders, he says, will never stand for the risks involved...