Word: trimming
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Dates: during 1960-1969
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...When they swung into action, the name was derisively changed to Whiz Kids. They switched Ford's capital, long left fallow, into interest-bearing accounts that promptly began earning Ford $4,500,000 a year, analyzed everything from assembly lines to suppliers' carburetors to learn how to trim costs, and set up the modern management techniques that are still used at Ford today...
...First order of business was the election of Venezuela's Ambassador Carlos Sosa Rodríguez, 51, to the presidency of the Assembly. Approved by a vote of 99 nations (eleven abstained and Nepal arrived too late to cast a ballot), the trim, businesslike lawyer-accountant accepted the gavel from Pakistan's bearded Zafrulla Khan. Then, in Spanish (he is also fluent in French and English), Sosa Rodriguez introduced himself as "a son of the native land...
...move should please customers, who often have five different Big Steel salesmen calling on them, but, more important, it will trim the company's costs by eliminating a great deal of duplicated effort. Big Steel hopes that it will help increase profits, which have shrunk from 9.5% of sales in 1957 to 4.7% last year. Reorganization will also mean fewer white-collar jobs. In the past two years, U.S. Steel has trimmed its office payroll by up to 30% ; the estimates are that the latest move will lop off another...
Taking a tip from pizazz-minded Detroit, Nordhoff has also brought out a 15005, which has more chrome trim than the standard 1500 and a 66-h.p. engine (v. the standard's 54 h.p.). So far, Nordhoff has not shipped any of the bigger Volkswagens to his best export market, the U.S.-though some have been brought in by returning tourists. He is in no hurry. Even without the new model, Volkswagen's sales in the U.S. rose 25% in 1963's first half, to 121,884 cars. Besides, demand for the 1500 is so great elsewhere...
...open country. At the wheel was a shapely brunette beauty?secretary, assistant and part-time chauffeur to the man in the back seat listening to Mantovani on a built-in stereophonic tape recorder. The car stopped on the mountaintop, where a friend was waiting; the man got out, a trim 6 feet with heavy-lidded blue eyes and an actor's dash. The wind riffled his wavy, iron-grey hair as he gazed out over Irvine Ranch, the miles and miles of grazing land and citrus groves rolling down to the Pacific...