Word: valu
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Dates: during 1960-1969
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...world as neither benevolent nor malign but neutral, and he never doubts his power to hold his own in the marketplace. He is as readily bored by routine as he is challenged by risk taking - and he knows how to reckon the odds. Such a man is obviously valu able to any economy, but he is also rare. Is there a way to develop him? In Motivating Economic Achievement, to be published this month by The Free Press of Manhattan, Psychologists McClelland and David G. Winter of Wesleyan University argue that the seeds of entrepreneurship can be planted with almost...
Harris, 61, got into the business by chance. Curious in 1950 about the valu able samples a friend received through the mail, Harris wrote to 100 companies for free samples. He got back 82, including a twelve-can carton of tooth powder and a soda-fountain dispenser of headache powder. Harris conceived a toiletries pack, sold the idea to hotels as a convenience for guests. He eventually signed up 4,000 hotels, sold more to banks looking for new-account come-ons, others to airlines (which give the packs to grounded passengers). The Guest Pac Corp. also sells packs...