Word: low-cost
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...Apple's low-cost IMAC is a design statement bar none. But its sleek case is missing a very important feature: a floppy-disk drive. That could be a problem for those needing a simple way to move files between computers. Several vendors have come to the rescue: Imation of Oakdale, Minn., is offering its high-capacity SuperDisk drive in matching colors for $189 (below), while Newer Technology of Wichita, Kans., will sell a standard floppy drive for $90 in October...
...Congress, of course, that passed the law authorizing the program, or at least authorizing something. A modest three sentences of the massive Telecommunications Act of 1996 told the FCC to expand an existing industry-funded program that provides low-cost telephone service in rural areas and inner cities into one that would hook up schools and libraries. "We gave them much more of an opening than we have in the past," says John McCain, chairman of the Senate Commerce Committee. "They did what bureaucrats do when you give them money and power...
...utilize the space on the walls of the Science Center (where science lectures are currently listed) for similar large-scale announcements. Fourth, allow announcements to be chalked up on the side boards of the Science Center lecture halls. Fifth, permit the use of temporary sidewalk chalk, thereby providing a low-cost and cleaner alternative to covering the pathways with posters. Sixth, install monitors to advertise events in major classroom buildings such as Sever and Harvard Halls, and in other prominent campus locations such as the vestibule of Currier House where students wait for the shuttle. Finally, continue to build more...
...failure of financial "supermarkets" at American Express and Sears proved that in the '80s and today the number of small community-oriented banks is growing in towns where mergers have wiped out local institutions, leaving corporate branches and higher fees in their wake. "You have to be a low-cost provider," Weill emphasizes...
Airlines like Northwest have routinely blown new competitors out of the sky with such tactics, on the theory that letting a low-cost start-up get started up is a bad strategy. Just look at what Southwest Airlines has done. But the tactic--matching low prices and adding more seats, even if it means absorbing losses--has virtually shut out new competition and kept fares high. "The most grievous government failure has been [not to] prosecute what appear to have been flagrant cases of predatory competition by major airlines against new competitors," says Alfred Kahn, the former Civil Aeronautics Board...