Word: portions
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Dates: during 1960-1969
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...incentive pay and bonuses to reward efficiency. No longer will a factory's performance be measured by how much it produces but by how much it is able to sell. In a wide range of consumer industries, profit will measure a manager's effectiveness - and a portion of that profit may be kept for use in improving production through new tools or new-products research, as the manager thinks best. To foster sounder use of funds, the plant manager would now receive his capital from the state in the form of a loan-complete with interest rate...
...long-buoyant economy. Japan lives by trade, and for years that trade was produced chiefly by its light industry, which flooded world markets with cameras, transistor radios and miniature TV sets. Today, by contrast, Japan's heavy industry, particularly steel and shipbuilding, accounts for the major portion of the country's exports. Japanese yards have 7,800,000 tons of new ships under construction or on order, will sell 75% of the total to foreign buyers. Overall, exports rose 27% last year to $7.2 billion, are expected to increase another 19% this year...
Conservationists claim that Storm King's outlets would destroy fish life and that a major portion of Alaska's wildlife would be flooded out by the Rampart dam. Outlook: unsettled, with storms...
...have been pursued more vigorously by the Justice Department than its six current antitrust suits against bank mergers, which have been growing steadily in popularity in recent years. Last week Justice dealt with two of the cases in dissimilar ways, but in both sought to chop off a major portion of recently merged banks...
Residential sewage presents almost as much of a problem. A startlingly high percentage of lakeside residents run sewage directly into the lake. Along New York's portion of the Erie basin, 78% of the homeowners depend upon a primitive, inadequate settling process. Even some municipal sewage-treatment plants add to the problem. If they are hooked up to a combined network of sewage and storm-water pipes, they can usually handle only a small percentage of the sewage during a storm. The rest passes completely untreated into the river through emergency runoff pipes, then oozes into the lake...