Word: sell
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Dates: during 1990-1999
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...start-up BusinessBots, thinks he has a better way. Sitting in BizBots' San Francisco office, he types in a polypropylene order on his JAM (Java Agent-Enabled Marketplace) prototype for the chemicals industry. A moment passes; then JAM matches Ma's buy order--price, purity, etc.--to a compatible sell order in its order book, and, boom, the deal closes. Phone calls: zero. Time: five minutes. Cost: maybe 10 bucks. "Theoretically," Ma says, smiling, "it makes sense to do everything this...
...market; it's coming soon to an industrial-era sector near you, and Ma may turn out to be its avatar. "Moses' intellect operates on a plane well above mere mortals'," says Joel Friedman, a managing partner at Andersen Consulting, which last month agreed to develop and sell e-market software and services with BizBots. "And we think he might have built a better mousetrap...
...today. "Alliances give airlines the advantage of retaining their own identity while getting a global marketing reach," says Tim Goodyear of the International Air Transport Association, based in Geneva. Star is run by a management board and boasts integrated check-ins and sales forces. Other alliances allow partners to sell seats on one another's flights...
...delivering is another matter. Fighting actually escalated Thursday as the Pakistan-backed guerrilla forces inside Indian territory delivered their verdict on the withdrawal promised to President Clinton last Sunday by launching fierce counterattacks against Indian troops. "Feelings are running very high in Pakistan over what many perceive as a sell-out over Kashmir," says TIME New Delhi correspondent Maseeh Rahman. "But the U.S. won?t accept Nawaz's going back on his word, and he?ll lose authority as prime minister if he can?t rein in the military, so this is going to be the biggest test...
...airline leads the industry in passenger "bumping," having denied boarding to 8,144 passengers in the first three months of this year ? nearly as many as the other nine major carriers combined. As any traveler can tell you, getting bumped is a common enough occurrence ? it happens when airlines sell more tickets than seats on the premise that some folks won?t show up ? and airlines are required to compensate the bumpee with upgrades or cash equivalents. But if you absolutely, positively have to be there on time, watching the plane doors shut in your face can be uniquely frustrating...