Word: problem
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Dates: during 1990-1999
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While attendees in Cambridge were at leastgiven one proposal for the restructuring ofRadcliffe to mull over--a plan authored by sixHarvard female faculty members and presented atthe meeting--one general problem alumnae bemoanedwas the lack of information provided by Radcliffeadministrators...
...Another problem that companies face--and one that managers must solve quickly--is the phenomenon of Asian companies' flooding world markets with cheap products made even cheaper by Asia's falling currencies and by a desperate need to find new markets. The Pharmed Group of Miami, with $65 million in sales and 140 employees, has watched as its sales of latex gloves were hammered by this new competition. The company used to ship 2 million gloves a month to South American customers. Now, says president Jorge de Cespedes, "the Asians are dumping their products on our customers at such...
...similar approach, Marriott International offers a 24-hour, toll-free hot line manned by social workers to give employees assistance with and referrals for almost any problem. This can include anything from tips on how to maintain a budget to advice on how to handle a child being expelled from school, to what to do if your house burns down. The hot line costs about $1 million annually to operate. It saves Marriott about $4 million in reduced absenteeism and lower turnover...
When Erskine Bowles first arrived at the White House as deputy chief of staff, he had a problem with one of his subordinates. Actually, the problem was that John Podesta refused to be his subordinate, even though the President had ordered it. "John's the kind of guy--you've got to earn his respect," says Bowles, laughing. "He damn well wasn't going to give...
There was one problem. The story GM floated was not true. Company executives later apologized for any misunderstanding. Erroneous claims aside, Moraine agreed to exempt General Motors from taxes on $355 million worth of machinery, equipment and inventory for 10 years and to excuse the company from real estate taxes for 15 years on the planned $65 million building...