Word: marketeers
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Dates: during 1960-1969
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Faculty and officials argue privately--and justifiably--that there are almost no Negro professionals in the market who match Harvard's Olympian standards of competence. But it is becoming increasingly clear that the changing character of America's urban problem has made Harvard's definition of competence--at least in the social sciences--dangerously anachronistic. Harvard has the responsibility--to itself and to the black community--to seek out and hire black social scientists for both tenured and non-tenured positions...
...sales of bullion to the settlement of debts with other countries. That "selective convertibility" recipe stops short of outright dollar devaluation be cause some gold would remain avail able at today's price. It would also keep U.S. gold losses to a minimum. The free-market price of gold would un doubtedly soar, but that at least would promote mining and hinder future spec ulation. Raising the price of gold would require authorization from Congress, a process so subject to debate and delay and consequent speculation in gold that it is a practical impossibility. Reierson's plan...
Even with such sales, NCR still has only about a 2% share of the U.S. computer market v. the overwhelming 70% held by IBM. To narrow the gap, and to climb a few steps over other computer makers, Oelman has set what he calls a "minimum sales quota" of 5,000 Centurys worth $1 billion to be sold or rented during the next five years (initial orders last week: 208). One way NCR hopes to meet the quota is through improved technology. The company's laboratories have developed a new kind of memory system, which uses thin-film rods...
...recently as 1960, Ford was the sensation of West German autos; its various models offered roominess, style and economy. By 1965, Ford commanded an 18% share of the auto market in West Germany. But Ford officials vastly underestimated the extent and duration of the country's 1967 recession, kept on producing cars at breakneck speed. While sticking to the basic design that dated back to '60, Ford made some models a little longer, a little wider and considerably more expensive. Price tags on sedans, such as the 17M and 20M models, were boosted...
Result was that while Volkswagen and General Motors' Opel weathered the recession and are now prospering again, Fords have become a drag on the German market. Said the journal Auto, Motor Und Sport of the 1968 Ford models: "Never has a new line of cars attracted so little attention." But Ford hopes to hit the comeback trail in the fall with the introduction of its small, inexpensive "Escort" model...