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Like a lot of Samsung's new devices, these combine cutting-edge technology with award-winning design--at premium prices. That's something new for a company that only a few years ago was known as a mass marketer of cheap TVs and VCRs--the kind you bought off a shipping pallet at Costco if you couldn't afford a Sony or Mitsubishi. Since 1997, however, Samsung has begun rubbing shoulders with the market leaders in high-end cell phones, DVD players, elegant flat plasma TVs and a wide range of other consumer products. These gadgets are sometimes less expensive...

Author: /time Magazine | Title: Samsung Moves Upmarket | 3/25/2002 | See Source »

...Like a lot of Samsung's new devices, these combine cutting-edge technology with award-winning design - at premium prices. That's something new for a company that only a few years ago was known as a mass marketer of cheap TVs and VCRs - the kind you bought if you couldn't afford a Sony or Mitsubishi. Since 1997, however, Samsung has begun rubbing shoulders with the market leaders in high-end cell phones, DVD players, elegant flat plasma TVs and a wide range of other consumer products. These gadgets are sometimes less expensive than those of Japanese or Finnish...

Author: /time Magazine | Title: Samsung Moves Upmarket | 3/25/2002 | See Source »

Companies looking to recast themselves as lean, mean corporate machines have three options. The preferred method of divestment is a sale, especially if there's enough interest to create an auction - and get a premium price. But buyers are not always available in slow economic times, and some divisions are not appealing to anyone. "If you can't sell it or if it is very large, you do a spin-off," says Paul Gibbs, head of M and A research at J.P. Morgan in London. A spin-off is essentially giving a unit to shareholders. But because spin-offs...

Author: /time Magazine | Title: The Urge To Demerge | 3/25/2002 | See Source »

...opportunity for Harvard students to help the plight of these farmers by buying fairly traded coffee. Fair trade coffee is purchased directly from small, democratically run farmers’ cooperatives. Farmers are guaranteed a minimum price of $1.26 per pound, and if market prices rise above the fair trade premium, farmers receive 10 cents more than the market price. Fair trade coffee is a feasible alternative because it is bought directly from cooperatives, instead of through exploitative middlemen, called coyotes, who are pervasive in the coffee trade...

Author: By Julia M. Lewandoski, | Title: A Fair Cup of Coffee | 3/14/2002 | See Source »

...farmers, which saves them from falling into debt to banks and coyotes. They can accumulate capital such as trucks and processing machinery, and by selling through cooperatives, farmers increase their market power. Fairly traded coffee is also better for the environment because farmers are given a 15 cent premium for organic coffee in addition to the guaranteed price of $1.26 per pound. Nearly 80 percent of fair trade coffee is organically grown and, because the majority is grown on small farms, the clear-cutting of rainforest in order to build large plantations does not occur...

Author: By Julia M. Lewandoski, | Title: A Fair Cup of Coffee | 3/14/2002 | See Source »

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