Word: marketeers
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Dates: during 1970-1979
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...Chrysler, compared with 27% at Ford and 15% at General Motors. GM and Ford, being bigger, are better able to withstand downturn. Also, they normally manufacture cars only after dealers order them; alone among the Big Three, Chrysler until recently produced autos essentially on speculation and then tried to market them to dealers. Because its dealers' lots are overflowing with slow-selling cars, Chrysler has been forced to add to its own sprawling stockpiles. Inflation raises the cost of financing this inventory and adds to the company's financial burden. The wholesale price index in July jumped...
...more of its U.S. engine or transmission plants to a major importer like Volkswagen or Japan's Honda and work out a deal for Chrysler to buy back some of the production. In sum, the company will have to accept a reduced role in the auto market...
...iron and other substances. This catalyst transforms the gas into liquid oil. Production costs amount to $17 per bbl. That is well below the OPEC price of around $20 per bbl. and much less than the $31 per bbl. that South Africa would have to pay on the spot market...
Then there are sections, an institution Harvard developed to make up for the impersonality of its mass-market courses. Most big courses you take will split into groups of 20-or-so people under the tutelage of a graduate student, who will most likely bore you for an hour a week. There are good section eaders, and if you're lucky enough to get one it could best the best experience of your Harvard education. But don't expect to find one easily or frequently...
...those times, you have several options. The one taken by most students is visiting the Quincy Market, Boston's Harvard Square without any of the dubious charm. Another alternative, one that most Harvard students don't take full advantage of, is to spend some time right here in the city of Cambridge...