Word: profitability
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Dates: during 1980-1989
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William Drayton Jr. '65 called his firm, the Ashoka Society, a "non-profit venture firm trying to help the very best public service entrepreneurs get started...
Perhaps no budget is without some fat, but university officials argue that their unique function requires special standards of evaluation. "One of the peculiarities of education is that our customer is also our product," says University of Pennsylvania President Sheldon Hackney. "That confuses most analogies between universities and profit-making enterprises." In universities, notes Northwestern President Arnold Weber, all the money is ploughed into the operation: "We don't declare dividends; we don't give stock options to our administrators." Tuition increases, say officials, are driven by the universities' costs, and even at that, tuition income typically covers less than...
Joan Olsen's class built a jelly bean White House. Reagan showed he can still fit at a sixth-grade desk, and when he and Bennett joined a computerized exercise in how to make a profit from a lemonade stand, Reagan was good- natured about losing to Bennett...
...Cambodia, a $485,000 movie that consists entirely of a monologue by Actor Spalding Gray. While both companies have lately scored huge hits, their philosophy is to survive on modest successes by keeping costs low. Says Amir Malin, Cinecom's president: "The major studios have to make a tremendous profit to meet their overhead, so they go for the home run. We go for the singles...
...owns discount auto-parts stores and book outlets, while Supermarkets General specializes in food and drugs. Some analysts suspect that the Haft family, which controls the Dart Group, would be perfectly content to stop short of an actual merger and sell its current shares in Supermarkets General at a profit...