Word: profitable
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Dates: during 1990-1999
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...chairman and chief executive Bill Monahan vows to create a lean, quick-strike culture that tailors its products to the needs of its customers. "Anybody and everybody will be interacting with the customer," he says. Monahan's ambitious goal is to post a total of $150 million in "economic profit"--defined as operating income after taxes and deductions for the cost of capital...
...losing ground while a small group of the economically elite amasses more and more of the nation's wealth with little sense of noblesse oblige. Boutique values and transient commitments are just perfect for the residents of gated communities who have little time to spare in their rush for profit. DAVID S. LITTON Austin, Texas Via E-mail...
...China. This has become increasingly difficult, however, as the American market is flooded with Chinese goods. This year Louisiana fishermen were severely hurt when the Chinese undersold Louisiana-harvested crawfish 40% to 50% per lb. At the supermarket, people wondered aloud how the Chinese could possibly make a profit. I fear they are using political prisoners and virtual slave labor. MARTA MCCARRON Baton Rouge, Louisiana
ATLANTA: The numbers are starting to come in, and the Atlanta Committee for the Olympic Games is breathing a collective sigh of relief with the news that the games will probably turn a slim profit. Financed almost entirely through private sponsorship, the games had come under enough fire for their crass commercialism that the IOC decided to recommend that future games be financed by a mixture of public and private funds. In Atlanta, the games had almost no public guarantees, meaning that ACOG would be responsible for any shortfall. After optimistically predicting large profits in the months before the games...
Like Godzilla rampaging through Tokyo, the gigantic cost of big-event pictures has shaken the old studio dynamic in which the blockbusters covered the tabs of smaller flops. While a film like Independence Day generates a multimillion-dollar profit, the big pictures often don't clear enough anymore to make other problems disappear. That means studios will have to scrutinize smaller films more carefully. There are no easy answers, says Chernin, and no radical solutions available. The bottom line, says Universal's Meyer: "You have to choose well and be lucky...