Word: marketization
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Dates: during 1990-1999
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...technology base that could charitably be called dated," says Roger McNamee, founder of the high-tech investment firm Integral Partners. "It has been difficult for its partners to work with, and for AOL itself to maintain." How can the company possibly hope to compete in the corporate networking market if its own network is held together with Scotch tape and baling wire...
...year, even as sales tripled to about $38 million and the ranks of its notoriously loyal customers nearly quadrupled. And those losses are expected to continue at least through 1999. Bezos insists that focusing on profits during this growth phase would be a "strategic mistake." Amazon's proponents believe market share is what matters, and the company will reap its earnings rewards when online buying heats up and its marketing blitz cools down. Says Henry Blodget, an analyst with CIBC Oppenheimer: "They are investing money, not 'losing' money...
...major Web retailers, including CDnow and eToys, recently banded together in an online mall called ShopperConnection to better compete with Amazon. Well-funded upstarts like Buy.com keep coming. And the first "electronic books"--or flat displays that let you read a book on a screen--are just hitting the market...
...almost any department store and you are likely to be assaulted by salesclerks--some spritz-happy, some too eager to confront you about your shiny forehead. Chances are the beauty product you're looking for is under glass, off limits to mere customers. According to at least one market-research survey on the way cosmetics are presented and pitched in stores, the entire process "inhibits friendliness...
Deacon also had unprecedented cooperation in his search for the best performances. While Philips led the project, 24 other record companies contributed music to the edition. In fact, EMI, a fierce rival of Philips in the classical market, is represented on 55 of the 200 discs, while tracks from Philips feature on only 38. "The collection was so comprehensive and definitive that no label wanted its artists to be left out," says Chris Roberts, president of Polygram Classics, which owns Deutsche Grammophon...