Word: sluggishly
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Dates: during 1980-1989
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...since 1970. In roughly the past decade the number of jobs in the European Community has risen only .5%, in contrast to 15% in the U.S. Says Pehr Gyllenhammar, president of Volvo, the Swedish car manufacturer: "Europe has grave problems-no growth, more people without jobs, little investment and sluggish productivity. Europe is not creating new resources, but is declining under the pressure of increased competition. When things are dying, we do not let them die any more. Companies do not go bankrupt the way they used to do. We try to restructure, preventing the creation of dynamic new industries...
...cures. Industrial Renaissance (Basic Books; 194 pages; $19) places the blame for America's ills squarely at management's door. According to William Abernathy and Kim Clark, two Harvard business school professors, and Alan Kantrow, a Harvard Business Review editor, the problems are not due to a sluggish economy, overpriced labor or predatory competition from abroad, but to managers who "view their work through a haze of outdated assumptions and expectations." The book is an expanded version of a controversial 1980 article by Abernathy that was published in the Harvard Business Review under the title "Managing...
...price of prestige plunged last week. Faced with sluggish sales, the U.S. distributor for Britain's Rolls-Royce Motors, makers of the world's most elegant line of automobiles, slashed prices on all Rolls models. The cost of a sleek Silver Spirit, the cheapest Rolls, dropped from $111,000 to $93,000, while the price for a top-of-the-line Corniche convertible fell from...
Despite a sluggish start, which left the Radcliffe-crew a seat behind the B.U. squad, the Crimson team's steady, controlled style enabled the Cantabs to pull ahead by two seats midway through the race and hold on to that lead until the end of the race...
...promote productivity, have been cast aside. Instead, in keeping with Deng's dictum that "a cat, whether black or white, is a good one as long as it catches mice," the government has turned to such capitalistic devices as bonuses, commissions and competition to rejuvenate China's sluggish economy...