Word: product
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Dates: during 1980-1989
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...than do some 800 manufacturers and distributors for a share of that market. At Mattel, the second largest toy company, with sales of just over $l billion, guards patrol the R&D building in Hawthorne, Calif., as if it were a Strategic Air Command base. Understandably. A successful new product can mean buckets of the stuff that grown-ups' dreams are made of. Coleco came charging out of the Cabbage Patch with its pathetic but lovable doll, and currently ranks third, with annual sales of more than $500 million. Hasbro, the leader, with $1.3 billion in sales projected for this...
QUALITY OF CARE is moving toward center stage among issues in national health care policy. With American health care now consuming nearly 11 percent of our gross national product--far less than in many industrialized countries with equally competent health care systems--purchasers of care have steadily increased the pressure to contain costs...
These could be snapshots of the American Rust Belt, but in fact the bleak pictures are from Japan. The mighty industrial power of Asia is now reeling from its worst performance in more than ten years. Layoffs, shutdowns, production cutbacks and plummeting profits have infected virtually every one of Japan's manufacturing industries. While service businesses, including banks and insurance companies, are flourishing, one in eight major manufacturers reported a loss for the six-month period that ended last September. Economists predict that Japan's gross national product will grow by just 2.3% for the fiscal year ending in March...
Much of a reader's pleasure lies in the urbanity with which Schlesinger rebuts received wisdom, as when in three crisp sentences he demolishes the ruling cliche of '80s politics: "Ronald Reagan is cited as the inevitable product of the television age. But Reagan, one surmises, would have been equally successful in the age of radio, like Franklin D. Roosevelt, or in the age of newsreels, like Warren G. Harding, or in the age of steel engravings and the penny press, like Franklin Pierce. Presidential candidates in the television era -- Johnson, Nixon, Humphrey, McGovern, Ford, Carter, Mondale -- hardly constitute...
...pursuit of that dream the Monell Center has filed applications for four pheromone patents. The Japanese have purchased rights for research and marketing of a pheromone-based product. U.S. rights are still available. Preti thinks some manufacturers may rush in right now with some sort of essence, even though the 200-odd chemical components of male and female odors have not been sorted out. An effective commercial scent, he believes, is unlikely for three to five years...