Word: lurchings
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...biggest concern is that a failure to make progress in trade liberalization could mean a lurch toward protectionism. The mood in many parts of the world is turning hostile to free trade in the face of low-cost competition from China in manufactured goods and India in IT services. As evidence, consider how the recent accords that Washington and Brussels struck with Beijing imposed new limits on the growth of textile imports from China?trade barriers that had been eliminated earlier in the year. That sort of backsliding, coupled with efforts by many countries to negotiate bilateral or regional trade...
...management tool: the hatchet. He axed 26,000 jobs and browbeat suppliers to lower costs, but he also introduced what he called "disciplined pizazz"--a program to bring a focus on efficiency to the company's business operations without sacrificing its character. The imperious Schrempp, by contrast, continued to lurch from crisis to crisis until the Daimler board showed him the exit, three years before his contract expired. DaimlerChrysler stock soared about 10% on the news. The change of leadership "dramatically alters investor perceptions," said Merrill's London-based auto analyst Stephen Reitman, who upgraded the stock to neutral...
...built the chain from nothing to 1,600 stores and $1.8 billion in revenue in just 10 years, but consumers were growing tired of folksy fare like Juniper Breeze shampoo gift baskets and were starting to find palatable alternatives in drugstores and discount chains, which had begun an upscale lurch of their own. Fiske came in, began renovating stores from pine-grove country to white-walled mod (a few hundred stores left to go) and started introducing more-expensive products that didn't carry the Bath & Body Works logo. Same-store sales rebounded, and last year the chain neared...
...College was supposed to have completed renovating all of the house dining halls by last summer. Mather got left in the lurch. As a consolation, we were given a biweekly “culinary display,” featuring some sort of special dish like risotto. Once the promised renovations were set to begin, these displays shut down...
Baker’s bow oar smacked an idle goose in the Schuylkill River just before the finish line. The move both startled the goose and the Crimson boat, which experienced a significant lurch shortly after contact...