Word: profitable
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Dates: during 1990-1999
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Since Burma's money is virtually worthless, according to the February 16 issue of the Far Eastern Economic Review, the profit PepsiCo makes through their sales in the country must be reinvested in Burmese produce which is then sold on the international market...
...also stressed that a fundamental problem with international business was that it places profit before ethics...
...property for very long. Even as he reached an agreement to list the parcel, he told Wade to divide it up and sell the individual pieces. Wade was able to sell all of them by the time McDougal closed on his own purchase, netting McDougal a handsome profit without ever having put his capital at risk...
Auto-By-Tel, which is based in Corona del Mar, California, works through 1,300 dealers, who pay as much as $1,500 a month to join the network and agree in advance to charge a low fixed amount over a vehicle's invoice price. That shaves profit margins but reduces the commissions that dealers pay salespeople and cuts down on advertising costs. Observes Auto-By-Tel founder Peter Ellis, who styles himself a reformed hard seller: "We simply say to our dealers, 'Take that money you're saving and take it off the price of your cars.'" AutoVantage, which...
...Liggett Group, America's fifth largest cigarette maker, agreed Friday to end lawsuits with five states by paying their Medicaid costs for smoking-related ailments. Liggett consented to pay Mississippi, Massachusetts, Florida, Louisiana and West Virginia ten million dollars and seven and a half percent of its annual profit for the next 25 years. In addition, the states are entitled to divide two and a half percent of Liggett's yearly profits to compensate future Medicaid costs, and annual payments to cover state medical expenses already incurred. Another five percent of the tobacco company's income is to be pooled...