Word: semisovereign
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Dates: during 1950-1959
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...constitution reserves considerable power to the semisovereign, ever-competitive divisions. Curtice could probably fire a divisional vice president outright if he wanted to act out a Hollywood version of the tycoon, but he would not. The unwritten law demands that such a grave personal decision be discussed up and down the committees. A divisional vice president with the prestige of Buick's Ivan Wiles spends a huge operating budget as he sees fit, and goes to the top only when he thinks his actions might affect the other divisions, or when he wants new capital...
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