Word: offsetting
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...Americans say they were surprised by the lack of sophistication of German distribution. "It's a very immature market in Germany. We haven't been able to use our tools," says John Menzer, head of the company's international division. It was a humbling lesson for Bentonville. To help offset losing the advantage of logistics abroad, and to increase its pricing power at home, Wal-Mart has decided to use its mass to become a better global buyer. The company is reaching farther back into the supply chain to source products such as hardware and apparel that it now buys...
...drug of choice during the panic over anthrax, which boosted sales to j1.9 billion. The company hopes a new once-a-day Cipro version will help maintain sales against generic competition from companies like Ratiopharm in Germany. Bayer had long insisted that it needed a drug unit to help offset market cycles in its chemical and pesticide units. When Werner Wenning took over as CEO last year, he suggested the company would be willing to merge its drug business as long as it maintained control of the new entity. In November, he dropped that demand. "We can no longer realistically...
...peace prize? Smallpox vaccinations? Droughts plaguing Western farmers? Liza Minnelli getting married? Axis of evil? Airline bankruptcies? Ozzy Osbourne? It's like CNN was replaced by CNN Classic. In fact, I'm pretty sure they're rerunning old infrared shots of Baghdad. They've got to do something to offset Daryn Kagan's insane salary demands...
...Japan become host to a handful of world-leading exporters offset by thousands of value destroyers at home? The simple truth: Japan's economy was born this way. Not long after the end of World War II, the government reasoned that due to the country's lack of natural resources and small population, its only hope for recovery was to produce high-value finished goods that the rest of the world wanted, at consistently improving quality and prices. And then, as only the Japanese can, the entire country single-mindedly set out to achieve that goal. Government bureaucracies picked favored...
That evaluation found that a ban would be worth about $43 billion a year, although the estimate is imprecise and researchers place the range of possible values anywhere from $9 to $193 billion. Those savings would be roughly offset by the economic impact of unmade calls, also estimated to be around $43 billion annually and to range from $17 to $151 billion...