Word: profit
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Dates: during 1980-1989
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Faculty at the Education School created the Pilot School, a very successful house within the high school. The organization of the Pilot School became the model for a reorganized high school eight years ago. In the 1960s Cambridge built housing for the elderly by utilizing a non-profit corporation established by Harvard...
...emphasize that individuals' involvement would, as now, be entirely voluntary. The only cost would be in staff help to the committee. The University owes its community this resource. And the city owes its people a creative utilization of its non-profit institutions in tackling tough urban problems...
...chipmakers tend to be diversified electronics giants (the big three: NEC, Hitachi and Toshiba) that can afford to lose money temporarily on semiconductors because they can rely on other revenue to tide them over. In contrast, U.S. chipmakers tend to be specialized, entrepreneurial companies that are more sensitive to profit slumps. An exception is IBM, the world's largest semiconductor maker, but the computer giant sells none of its chips separately because it uses the entire output in its own products...
...each Japanese company's chip exports to the U.S. To arrive at the fair market value, which is the minimum price at which the manufacturer is allowed to sell the semiconductor, the department tallies up an individual Japanese ( chipmaker's costs in making each product and adds a profit of 8%. The Government's first fair market values, set in August, temporarily pushed prices shockingly high. The 256K dynamic RAM chip, for example, shot from about $3 each to as much as $8.75. But last week the Commerce Department recalculated those prices downward, bringing the 256K generally below $4 each...
...movie Heaven Can Wait, Warren Beatty played an angelic corporate kingpin who proposes that his firm, Exo-Grey, shut down a profitable refinery because it might pollute the local environment. This was not just common sense, the Beatty character told his astonished board of directors, but good business as well, for the firm would profit from a dazzling image of social responsibility. While not all real-life businessmen would agree with that kind of thinking, it has spawned success for a small but rapidly growing group of socially conscious investment funds. About half a dozen of these mutual funds...