Word: marketed
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Dates: during 1980-1989
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Fujitsu, Japan's largest computer firm, has often come under attack in the West for its trade practices. U.S. rivals have accused Fujitsu of a lowball pricing policy that keeps foreign firms out of the Japanese market. But last week a howl of protest went up in Japan when Fujitsu tried to carry out such pricing at home. The uproar occurred after Hiroshima's city government sought bids to design a new computer system. Seven firms offered to do the work at prices ranging from $2,000 to $201,000. But the winner was Fujitsu, which submitted...
Ford, flush with profits after four prosperous years, will acquire instant . access to the market for ultra-luxurious driving machines. Automotive experts expect Jaguar to use the cash infusion to develop new, more competitively priced models...
Less than a decade ago, Xerox was in serious trouble. The company whose name is synonymous with copying machines was steadily losing customers. As Japan's Ricoh, Canon and other new competitors muscled onto Xerox's turf, the company slumped from an 86% share of the world market for basic copiers in 1974 to just 16.6% by 1984. When a shaken Xerox finally studied its competitors more closely, the company discovered their secret weapon: the Japanese firms hewed to rigorous quality standards. Taking a hard-eyed look at its operations, Xerox discovered that it was slowly destroying itself with sloppiness...
Poland Unveils an Economic Program Aimed at Introducing Free Market Rules and Capitalist Institutions...
...Many rent control apartments are not for low-income people," says Morgan. "With my own experience they are well off people who could afford to pay market rent...