Word: productive
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Dates: during 1980-1989
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...product of triumphant Indian revolution against the British, Rushdie should bring a fresh viewpoint to the Central' American debate, using his uncommon background to comment insightfully from a vantage point few Western critics can claim...
From the beginning of their partnership, Mariotta and Neuberger were proud that they made a good product for a good price. But they felt that procurement officials in the Defense Department sneered at the company and did not give it a fair shake. Their plan of attack, according to investigators, was to shower money on virtually everyone they thought could help the company win contracts. Not all these efforts were illegal, but they illustrate how Wedtech spent its way to success...
Dumping is a topic that only an international trade lawyer could love. The basic concept is simple enough: dumping is selling a product for less than the cost of making it. That has been a world-trade problem ever since mass production made it easy for companies, inadvertently or otherwise, to turn out more goods than customers want. When stuck with anything from too many dolls to excess semiconductors, manufacturers often sell the products in other countries at very cheap prices rather than throw them away...
...considerable changes in U.S. corporate and educational culture. American businessmen, who have traditionally paid most of their attention to domestic markets, must become more aggressive in going after foreign sales. American managers also need to take a leaf out of Japanese manuals about greater worker involvement in product quality control. The U.S. education system needs vast improvement before it can produce blue- collar graduates on a par with Japanese production workers. If U.S. businessmen want to penetrate foreign markets, there will have to be much greater emphasis in U.S. schools on the successful learning of foreign languages...
...beef, oranges and even U.S.-made baseball bats for a baseball-mad country. In almost all those situations, the U.S. has eventually succeeded, at least to some extent. Last October, for example, Japan agreed to open its cigarette market to U.S. manufacturers by suspending its 20% tariff on that product. American cigarette manufacturers estimate that their market in Japan will quintuple, to an estimated $1 billion annually. But in every such case, contends an Administration official, "we have had to land the full power and majesty of the Government on the Japanese. Every single thing is a fight that gets...