Word: techs
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Dates: during 1980-1989
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While sending students overseas will doubtless have some positive influence on American competitiveness, the crux of the competitve gap does not lie with our lack of understanding of foreign cultures. Many economists attribute American industry's poor showing against the Japanese or the Germans in producing consumer and high-tech goods to more business-related problems. American business spends too much capital on mergers and financial games and too little time in modernizing factories and floating innovative ventures. American consumers buy too much and save too little. Robert Reich argues that we fail to translate scientific discovery into products because...
Despite its down-home strategy, Jones is no bumpkin in the new world of high-tech stock trading. The company has spent more than $30 million to become computerized, and plans to lay out an additional $100 million for advanced equipment, including satellite links between headquarters and the branch offices, over the next four years. Jones has expanded cautiously into the suburbs of Chicago and Kansas City, but the firm still primarily looks for homes where the buffalo could roam. Says Jones Managing Partner John Bachmann: "We're not going to fiddle with the formula that has proved successful...
...created a system of factory inspectors who can reject substandard products. Discouraged by the industrial ministries' reluctance to introduce new technology, he has formed conglomerates that combine both research and < production facilities. The new high-tech factories, most of them run by the Academy of Sciences instead of the ministries, will be allowed to keep part of any profits they earn. In addition, the Academy of the National Economy is functioning as a management training institute, with seminars and case-study courses similar to those at top U.S. business schools...
Katherine Bonner, stock-market player, is not afraid of those brainy, brawny institutional investors who routinely turn Wall Street upside down with their 100,000-share transactions. Nor is she intimidated by those high-tech program traders who can send the Dow Jones averages reeling with their computer- powered stampedes. In fact, Bonner is not only making what she modestly calls a "good living" in the market but is earning enough to help out her grandchildren and great-grandchildren too. A highly active investor, Bonner, an 80-year-old Houstonian, has built up a handsome portfolio by studying financial news...
Rode his snazzy high-tech...