Word: stora
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H.E.C. is not turning into an overseas branch of the Harvard Business School, however. The new classes will involve only 30 students of the school's total enrollment of 900. Despite these limitations, H.E.C. expects opposition from the French cultural establishment. Nonetheless, says H.E.C. Professor Benjamin Stora, "to be competitive in international business today is to use a language other than French. In France, you have to be brave to say that...
...DEWITT STORA...
...restricted federal spending, and is taking a firm stand against union demands. Still, inflation is expected to stay about the same as last year's 8%. The anti-inflationary policies have hurt small wage earners and great companies alike. Twenty-three workingmen in the mountain village of Stora Blasjon, some without work for the past two years, went on a hunger strike last month before the government finally gave them jobs on a road-building project. The government and private sources recently had to rescue the super-modernized Götaverken shipyards because the firm ran short of cash...
...JOAN STORA Omaha...
...advise-no fewer than 50 Swedish companies, or more than half of Sweden's industry. Directly under Wallenberg management are most of Sweden's international companies, including plane-and automaking SAAB, the $275 million telephone equipment manufacturer L. M. Ericsson, the $500 million ballbearing producer SKF, and Stora Kopparberg, a diversified mining and mineral complex (TIME, March 15). The family also guides Stockholm's largest department store and the company that runs the city's three most luxurious restaurants. In no other industrialized nation in the world does one family exert such enormous economic power...