Word: productive
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Dates: during 1980-1989
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While IBM still carries heavy clout in the market for large mainframe computers, the company is getting bullied in two important product categories: personal and midsize machines. With its PCs holding sway as the industry's standard for business applications, IBM once commanded nearly 40% of the $25 billion personal-computer market. Today, IBM's share has shrunk to less than 30% as its recent models have suffered assaults from competing formats like Apple's versatile Macintosh. IBM's newest line of personal computers, the Personal System/2, got off to an initially promising start after its introduction last April, selling...
...force by 16,000 jobs, to about 400,000 total. At the same time, some 20,000 workers were transferred, often from cushy staff jobs to more grinding assignments in sales and service. Akers is thus trying to give the company a peppier, more entrepreneurial feeling, even renaming the product groups to give them pizazz not normally seen at IBM. Example: the Information Systems & Storage Group will be rechristened IBM Enterprise Systems. What's more, a new generation of top management is emerging. One notable leader is Ellen Hancock, 44, who in taking over IBM's multibillion- dollar telecommunications division...
Even successful hypermarket operators will encounter limits to expansion. The sheer size of the megamarkets will restrict growth, since a city of 500,000 can support only about two stores. Also, hypermarkets may face disaffection from customers who expect assorted brands of any one product; thus well-stocked hardware stores or grocers are unlikely to be run out of business by the invading hypermart. Cases in point: Hypermart USA's sporting- goods department offers fishing poles but no lures or other tackle. The paint department sells only one color: white...
...part, the effectiveness of the show is based on the inspired lyrics and the absence of any spoken dialogue. Although many of the show's tunes are repeated throughout, the lyrics change, and each song has something of its own to add to the finished product...
...increases was slowing, the number of medical claims filed with insurance companies was growing ominously, pushing up overall expenditures faster than expected. The total medical bill for U.S. health care rose last year about 10%, from $458 billion to more than $500 billion, or 11% of the gross national product. Those costs are expected to climb an additional 15% this year...