Word: transformed
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...winds are shifting, and the middleman is becoming obsolete. "Traditional trading firms are dying off," says Victor Lo, an industrial and manufacturing lecturer at the University of Hong Kong. "They have to transform." Brands and retailers have been consolidating, liposuctioning off layers to better battle Goliaths Wal-Mart and Target--which mostly do their own sourcing. A developing China and the Internet have made it simpler and more reliable for buyers to communicate directly with low-cost factories. Li & Fung has been able to achieve an average annual growth rate of more than 20% over the past decade. But going...
...airline's goal is to make you forget you're flying at all. In business class, the seats not only are generous but also transform into the longest and widest lie-flat beds in the sky (with privacy screens for protection from nosy neighbors). Each passenger gets an on-demand entertainment system (no more waiting for your film choice to begin). Unlike other airlines, SIA almost never debases the value of its upper-class seats by granting free bump-ups, even to its frequent flyers...
...apply this reform, we may as well stop because we won't achieve any others," Henri Guaino, a special advisor to Sarkozy, told the daily Libération. During a visit to Germany on Monday, Sarkozy voiced even steelier determination when declaring, "We were elected to transform France, and will apply these reforms because they must be applied." Aware of union promises to employ bare-knuckled defense of the "special regime" pensions, French Prime Minister François Fillon advised his parliamentary backers to "fasten your seat belts" ahead of tomorrow's turbulence...
...last year, I’d say Facebook has done a very good job of building traffic,” said S. Travis Mae ’09, the co-president of the Harvard College Entrepreneurship Forum. “It seems like a very smart way to transform traffic into profit...
...ways that less privileged people aren’t,” says Adaner Usmani ’08, PBHA devotee and member of the New Students for a Democratic Society, “Harvard students do need to realize that it’s not your place to transform the world. It’s your place to participate in the process, but it’s not your place to lead or instigate it. You need to participate in a way that’s always skeptical that you know more than others...