Word: productive
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Dates: during 1980-1989
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...former colleagues and I value another type of legitimacy--the legitimacy that flows from tradition. For two decades, a succession of students have worked hard to write pieces, to edit them well, to bind them together attractively, and to get enough money to print their product. Twice a year, they have run a comp and recruited new members. Every December, under the guidance of a charter, they have elected new officers and thereby assured the survival of their legacy...
...slow start. Commodore has been selling computers through such department stores as K mart and Sears. But that strategy has alienated computer-store owners, many of whom refuse to stock the Amiga. Says Drew Clausen, who owns nine Computerland stores in Los Angeles: "Once you open your product to mass merchandisers, then you're not selling computers. You're selling toasters." Commodore is also having trouble finding a market niche for the Amiga. Business customers are unenthusiastic because it is not compatible with the IBM machines that are common in offices. Shoppers looking for a home computer are discouraged...
Kodak, which suffered a 27% profit decline during the first nine months of 1985, blamed product-development costs and foreign competition. Kodak's profits were further hurt by the strength last year of the U.S. dollar, which raised the company's prices overseas...
...India in 1984, the 1981 collapse of two skywalks in the Kansas City Hyatt Regency Hotel. But more and more firms are not waiting until calamity strikes to think about what they would do. Instead, they are developing detailed plans to cope with such crises as industrial accidents, product recalls and even terrorist attacks. Says Steven Fink, president of Los Angeles-based Lexicon Communications and author of the forthcoming book Crisis Management: Planning for the Inevitable: "Companies are beginning to realize that what happens to a Union Carbide can happen to them, whether they're big or small, publicly traded...
...Corvette with a clogged carburetor. America's output grew only 2.3%, compared with a full-throttle 6.6% in 1984. But TIME's Board of Economists, * which met last week in Manhattan, predicts that the country will rev its engine again this year. The group believes that the gross national product will expand by about 3.3% during 1986, a brisk if not blistering pace...