Word: reaping
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Dates: during 2000-2009
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...dominance. Reason: the industry is extremely fragmented, with the top 10 IT-service companies claiming only 20% of the domestic market. Compare that with India's bustling IT-outsourcing industry, where the top 10 firms capture 45%. Smaller firms mean lower margins, since projects aren't big enough to reap economies of scale. Yet Chinese firms show little interest in consolidation mergers. There is no Infosys or Tata or Wipro of China, at least not yet. --By Barbara Kiviat
There is no doubt that compromise on the environment is perhaps more difficult today than at any time in the past 35 years. Yet I believe that the party that succeeds in truly presenting a sensible, moderate position on the environment stands to reap significant policy gains and political rewards. The Republican Party has the heritage and the record over the past four decades to make it the logical party to do so. What remains unclear is whether it has the vision and the will to move away from the extreme anti-environmentalist posture it has assumed in an effort...
Consumers are beginning to reap the benefits of the heightened competition. Getson's $1,000 gift card came from LendingTree, which used the card, as it always does, to rebate half the fee it collects for referring business to brokers around the country. In this case, the rebate chopped the total commission on Getson's deal from 6% to 5.5%--an important chink in the Old Guard's armor, says Peter Sealey, a professor of technology and marketing at the University of California, Berkeley. "Slowly but surely, technology is coming into play in the real estate market," he says...
...could turn thumbs down on the grounds that trillions in new government borrowing would hurt the economy, raise interest rates and make the dollar suffer. But both assumptions may be overblown, financial experts say. Though University of Chicago economist Austan Goolsbee has estimated that the financial-services industry could reap $940 billion in fees over the next 75 years from private accounts--real money, even by Wall Street standards--some firms say the accounts look more like a headache than a bonanza. "Wall Street is at best ambivalent. The size of the accounts is nothing big," says Robert Pozen, chairman...
...food thievery or he was part of the scandal. Because the U.S. pays a large share of the U.N.'s expenses, it is not heavy handed of us to demand to know how some people received preferential deals to buy Iraqi oil below market price and then reap huge profits. The U.N. has been an anti-American club for years. One of the many reasons its credibility is questioned is the failure to enforce its resolutions against Saddam Hussein's Iraq. Scott Anderson Green Valley, Arizona...