Word: marketers
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Dates: during 1970-1979
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Meanwhile, Byrne, the Chicago school board and state officials were scrambling to put together an emergency loan package to keep the schools from collapsing. Shut out of the bond market in November because of a poor rating, the educational system faces a shortfall of $459 million by the end of the fiscal year on Aug. 31, 1980. It needs $190 million just to keep going through January...
...fact, the divisions were sharp enough to raise questions about the future of OPEC. While its members' separate price rises will cause immediate pain to the rest of the world, they also present an opportunity for oil-importing nations to counter OPEC by cutting demand. Market forces, the law of supply and demand, will have a much bigger influence than before...
...hang onto their customers by offering all sorts of discounts and deals. Already there are signs that this year's 100% increase in crude oil costs is beginning to crimp cartel sales. U.S. oil imports dropped by 8.5% during November to 7.9 million bbl. daily, suggesting that the market is beginning to loosen...
...company's operations beause Aramco would continue to run them for a fee. But skeptics suggest that the takeover might already have been consummated. They contend that the Saudi government's action in providing Aramco since last July with oil at much less than its real market value was in part to compensate the company, free of capital gains taxes, for the takeover of its assets...
Some French fashion chiefs are indignant. Robert Ricci complains that the assertive American-type perfumes should "only appeal to jet-setters who want to shock." Lanvin's marketing director, Jean-Louis Delpuech, scoffs that U.S. perfume makers have tended "to go 'down market' to a type of woman who demands more smell for her money." But others are more philosophical about the demand for perfumes with staying power. Robert Young, president of Yves Saint Laurent perfumes, traces the taste for strong fragrances to the same craving for identity that makes people want designer names on their clothes...