Word: productions
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Dates: during 1950-1959
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...biggest drug chain (11,158 franchised stores), it breaks most of the textbook rules. Its distribution system is as old-fashioned as a Stanley Steamer. It has two-thirds of its stores scattered where only one-third of the population lives. It invests only 2½% of product sales in advertising, well below many of its competitors. But last week greying, handsome President Justin Whitlock Dart, 51, announced that the firm's first-half sales were up 8%, net profit 26%. This year's volume should come close to $180 million and earnings should pass...
Lodge's father George, a poet† whom Theodore Roosevelt called a "genius" and Historian Henry Adams remembered as "the best and finest product of my time," died when Lodge was seven, and thereafter the boy was guided by his grandfather and namesake, the elegant and scholarly U.S. Senator (1893-1924) Henry Cabot Lodge Sr. Chairman of the Foreign Relations Committee, the elder Lodge was one of the most eminent and powerful Senators of his time. Growing up under his care, young Lodge absorbed his grandfather's fascination with politics-and his nationalist opinions...
Haggis Baggis (NBC) is related to Dotto, and the game time-clocks its contestants against five-letter categories, e.g., a food beginning with "b," a farm product beginning with "h." The right answers disclose sections of some famous face on a screen. Like Dotto, a daytime-nighttime show, H-B's nighttime segment is emceed by 20-year-old Jack Linkletter, son of Art Linkletter, famed radio-TV master of ceremonies (People Are Funny). The show's catchy title means nothing, though the haggis is a famed and gamy Scots dish cooked in a sheep's stomach...
Though a firm can get its foot in the common market simply by licensing a European firm to manufacture a U.S. product, most U.S. companies, especially those already established in market countries, prefer to set up new branches or subsidiaries instead. They have found it best to buy existing plants, since building a new plant in Europe often means building housing for workers as well...
...consumers in on progress. From 1951 to 1956 output doubled, but average prices were cut so much that the industry's income decreased (see chart). The FTC also acknowledged that the business is cruelly competitive. Unless a maker gets in fast, makes a profit with a new product and keeps on finding newer products, he soon loses...