Word: product
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Dates: during 1960-1969
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...almost invariably hope for something from a European film that we don't expect to find in a big-studio domestic production. Our hopes are based on the fact that foreign films generally seem freer of the metallic assembly line odor. They are more likely to involve men than molds, because we sense that they are the product of men rather than molds. But Europe has been automated, too. One wonders now, how much of its former quality the mass-produced Renault has had to sacrifice; and one suspects that writer-director-producer Claude Chabrol had A Blueprint...
...crowd spread across the hillside at Guthrie Center, Iowa last week, Richard Nixon wanted the farmers to know that they are the last people he would hold responsible for the costly farm program. Fat farm surpluses that have kept farm profits so slim, said he, are the "product more of politics than of productivity. It is wrong to blame the farmer for the fact that Government illogically insisted upon unrealistic incentives to keep production up, while at the same time it conjured up bureaucratic controls in a futile attempt to keep production down...
...growth are unreliable because of "double counting." That is to say, in computing overall industrial output the Russians count the value of sheet steel, for instance, over and over-first when it emerges from the steel mill and again in computing the total value of the truck or other product made from it. "Growth of gross output purposely exaggerates the real rate of growth," says Strumilin. The only reliable way to determine the effectiveness of investment is in terms of net industrial growth-i.e., by counting the steel plate for the truck just once. This, though Strumilin...
ALUMINUM CUTBACK looms unless orders and sales for the metal turn up, warned Reynolds Metals Co. president, Richard S. Reynolds Jr. His company has already cut back capital spending, soon may slow market and" new-product research. In the first half of 1960 Reynolds' earnings fell to $13 million and 66? per share v. $21 million and $1.10 per share the first half of last year...
Second Martini Ideas. The number of new products, or what often turn out to be merely new trimmings on an old product, has become so great that many a businessman has begun to wonder whether gadgets may get the upper hand. Said one Westinghouse vice president: "Frivolous features on appliances that were nothing more than second-martini ideas have claimed unnecessarily hundreds of thou sands of dollars in research money." If the money wasted by industry on meaningless model changes were plowed into basic research, the genuinely new products would blossom that much faster...