Word: low-cost
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...digital pictures without using film. The results look fine on a TV screen, but the prints are of poor quality. What Photo CD does, Kodak executives say, is give the owners of the world's 250 million conventional film cameras the best of both technologies: high-quality prints and low-cost input devices for the new digital systems...
...there is an advantage to keeping even lost employment closer to home: manufacturers who move to Mexico are more likely to retain their proximate U.S. suppliers than are those who move to Asia. In fact, the trade pact may persuade many U.S. and other companies to shift production from low-cost Asian plants to low-cost Mexican plants, which could generate additional business for U.S. suppliers...
...Low-cost health care is only a myth tossed around by politicians running for reelection. There are countries in Africa and Asia with lower infant mortality rates than those of some American cities. Job opportunities out-side of the gangs are slim to nonexistent. Meanwhile, inner-city residents are expected to respect a police force that only comes into the neighborhood to arrest someone, and to have faith in a system that works against them...
...Crandall acknowledges that the new fares will draw some traffic away from American's low-cost competitors. "As we close the price gap," he said in an interview with TIME, "we expect to see business come from the discounters." At the same time, Crandall warned that he stood ready to lower fares across the board if that proved necessary to match cuts by American's rivals. "We are going to be price competitive. If we have to lower this overall structure, we will...
...fares by slashing TWA's rates as much as 40% below American's prices. Icahn also vowed to keep volume discounts for corporate travelers, which American's plan eliminated. "We are here to stay," he told TIME. "I'm not a passive guy. It's hard to drive a low-cost competitor out of business. And, as far as I'm concerned, it won't work...