Word: roots
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...James Root, a global strategist with Bain Consulting in New York City, surveyed the 1996-2000 financial results of 7,500 publicly traded companies and shared his findings exclusively with TIME. Root analyzed firms from Australia, France, Germany, Italy, Japan, the U.K. and the U.S. that had revenue of more than $500 million. First, he weeded out those that didn't grow total revenue and profit at least 8% annually (slightly above an average combined rate of inflation and economic growth). Then he eliminated firms that didn't report the same 8% growth in foreign revenue and operating profit (which...
...Root's message is not that foreign investment isn't worth trying. His survey focused on reported foreign operating profits, a figure that doesn't account for the potential cost saving and intangible benefits (like R.-and-D. expertise) that multinationals can derive from global sourcing and manufacturing. In fact, companies that increase foreign sales and profit at a sustained and healthy clip (at least 8% annually) yielded superior shareholder rewards. From 1995 to 2000, their stocks delivered compound annual growth of 36%, vs. 21% for the Standard & Poor's 500 index...
Whatever the root of Pettit’s difficulties, he seems to have comfortably returned to last season’s form, currently leading the team in points (8) and tied for second in goals...
...smidgen too toothy and dried out, but the candied leg proves to be a seductive, swirling mouthful of fat and flesh, judiciously flavored. The other is a reckless cross-cultural misadventure ($23). The grilled swordfish is crumbly and again drained of moisture, with a peripheral dollop of mysterious root vegetable looking sheepish and impertinent. It comes with crab-stuffed flautas (crispy rolled tortillas) whose flavor is completely dominated by the pastry. I must confess a personal aversion to Mexican food (oh the traumas of refried—and refried again—beans, mulchy salsas and guacamoles), and this only...
...motion passed unanimously, with the comment coming from Kenan Professor of Government Harvey C. Mansfield ’53, who subtly suggested that grade inflation was at the root of the need to revise the standards...