Word: lows
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Dates: during 1990-1999
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Today many women are still underpaid and stuck in low-level jobs, but times are changing. My nominee for business titan is the woman who is determined to make it to the top, who is giving 110% to compete with the boys. She may still get passed over when a promotion is available. When she brings up an idea at a meeting, it may still even now be ignored until a male colleague restates it. If she's feminine, she may be seen as weak. If she's tough, she may be seen as bitchy or grasping...
Using that formula, which cut his margins to the bone, it was imperative that Wal-Mart grow sales at a relentless pace. It did, of course, and Walton hit the road to open stores wherever he saw opportunity. He would buzz towns in his low-flying airplane studying the lay of the land. When he had triangulated the proper intersection between a few small towns, he would touch down, buy a piece of farmland at that intersection and order up another Wal-Mart store, which his troops could roll out like...
...seen the future. He had chosen to eat rather than be eaten. And anyway, he believed that small-town merchants could compete--if they would make major changes to adapt. As it turned out, of course, the consumer voted heavily with Walton. He gave America what it really wanted--low prices every...
...beyond his own industry; his harnessing of information technology to cut costs quickly traveled upstream to all kinds of companies; and his pioneering retailing concepts paved the way for a new breed of "category killer" retailer--the Home Depots, Barnes & Nobles and Blockbusters of the world. This wave of low-overhead, low-inventory selling continues to accelerate. The Internet, in fact, is its latest iteration. One can only wonder what a young cyber Sam would set out to accomplish if he were just getting started...
...palace is there a program to inform him how to act in the nation he lives in: the U.S. of A., in which throngs cheered the heavy-metal band Motorhead when it performed Eat the Rich and where Garth Brooks became a megastar for crooning about having friends in "low places," even if by doing so he has made himself into a country-music mogul with a bodacious estate of his own. Still, every country singer since Hank Williams has made his fans want to burn the mansions on the hill to the ground. It's simply not American...