Word: link
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Dates: during 2000-2009
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...biggest carriers--American, Lufthansa, British Airways and Singapore Airlines--have all poured resources into expanding direct flights to Asia, but they are held back by their origins as so-called flag carriers, dedicated to travel to and from their home countries. Airline alliances like SkyTeam, Oneworld and Star Alliance link them, but without fully integrated marketing and sales it's difficult to build a cohesive global network, says Henry Joyner, senior vice president of planning for American...
...stereotype, which formed the basis of many comic one-liners). The first part focused on the plights of Jewish immigrants to the United States, while the second was set in a vaudeville Yiddish theatre. The wandering plotlines, however, left the viewer confused. In the first act, for example, the link between the different characters’ stories was only revealed at the end, and in the second, only the scenery informed viewers as to the vaudevillian setting. It was the humor in the show’s 22 Yiddish songs and the sketches that carried the production, even...
...little such dexterity. Some of the reasons are straightforward. The Communist Party is deeply secretive and highly bureaucratic, and its members are steeped in a long-standing culture of self-preservation. "Part of the head-in-sand problem has to do with entrenched bureaucratic interests," says China expert Perry Link of Princeton University. Officials who have devoted most of their careers to defending authoritarian rule "can't stop chanting that mantra without puzzlement over what to say instead and without a bit of panic about their own rice bowls and even, almost, their own identities," Link says...
Leaders like President Hu Jintao are of a generation that received a Soviet-style education in the 1950s. "They don't have the knowledge or imagination to make better decisions," Link says. They operate under a system of collective decision-making that constrains the state's ability to be flexible in the face of new challenges. "Like the bureaucrats beneath them," Link says, top officials "are frightened about their own positions and don't want to be seen as making 'mistakes,' especially mistakes of softness." This insecurity underlies the central government's heavy-handed tactics and rhetoric, even though repression...
...since say-on-pay went into effect in the U.K., CEO compensation has become more likely to fall when operating performance does. "'Say on pay' in the U.K. was effective in achieving one of its major goals," the authors write, "to reduce the 'rewards for failure' through a stronger link between pay and realizations of poor performance." That effect has been most pronounced at the firms handing out the biggest pay packages...