Word: underbid
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Dates: during 1970-1979
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...meats and retailers of imported tobacco. Most encouraging to the Europeans, the Japanese also agreed to negotiations on shipbuilding, the sorest issue of all. In the first nine months of 1976, Japan grabbed 86% of all shipbuilding contracts awarded in industrialized countries. European shipbuilders claim that the Japanese can underbid them by 30% to 40% because the Japanese yards get hidden government subsidies...
Finally, governments facilitate sales by making available the credits required by nearly every customer but the rich oil exporters. Paris has won contracts for French firms by frequently offering longer credit at lower interest than other Western countries. Seldom, however, does anyone underbid the Russians...
...Cruds. Even when he loses, Smith is not overly distressed. For one thing, there is satisfaction merely in seeing the A.B.A. grapple with serious current problems. For another, he observes, "If I don't get shot down, I've underbid my hand...
Harvard's reasons for entering the leasing arrangement with HSA seem clear. In the past. Harvard has contracted Gordon Linen to handle its laundry chores. With the new operation the University will no longer have to farm out its dirty clothes. HSA has already underbid Gordon for next Commencement's linen contract...
Ryan said last week that once the operation becomes established. HSA should be able to underbid any commercial outfit. Ryan said be expects HSA to underbid Crown Linen--the company that handles the uniforms worn by Harvard Food Service employees...