Word: marketeers
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Dates: during 1970-1979
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...proof of the pudding is in the teaching here," Eckstein said, adding he believes, "this is what competition is all about. Under the pressure of the market place the Lipsey and Steiner book has improved...
...value than commercial property, the reasoning being that businesses can afford to make higher payments than homeowners. This practice was declared unconstitutional by the State Supreme Court in 1974 with the accompanying directive that cities and towns in Massachusetts assess all property at 100 per cent of its fair market value. This practice, Corrigan said, doubles or triples taxes on homeowners, and falls particularly hard on those with fixed incomes. If passed the Classification Amendment would make it constitutional for cities to assess property at less than full market value, and would also allow them to use different rates...
Reported Diederich: "Piles of lettuce and carrots lay rotting alongside empty stalls of the central market on Morazan Park. Just a few people ventured along the streets, holding white flags. Others stood in their doorways, moving back into their adobe-walled homes and shops when a rifle cracked close by. 'That's the National Guard,' said a bare-chested man hearing a shot. 'They have the big-sounding guns...
Soon after nationalization, the OPEC countries realized they could not compete against the Sisters' global distribution networks; the prospects of Kuwaiti refineries in Rotterdam and Saudi gas stations in Illinois evaporated quickly. Indeed, those countries that had their national oil companies sell crude directly to the world market were usually disappointed with the prices they got and the quantities they moved. So the OPEC countries have negotiated pacts under which the Sisters continue to pump the oil, for a fee, take a guaranteed share for themselves, and buy most of the rest at a fixed price...
MOBIL seems to be doing just about everything right. Its profits rose 7.5% last year, to just over $1 billion, and another 16% in the first half of 1978. Traditionally strong in marketing, it has been leading the swing to self-service gas stations in both the U.S. and Europe; indeed, it was the only Sister to earn a profit last year in the fiercely competitive West German market...