Word: xeroxes
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Dates: during 1980-1989
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...Exxon is so big you can get lost." McCreery stresses Exxon's "decentralized management approach," and its "emphasis on management development," which "makes size an advantage..." Representing an enterprise with 180,000 employees, whose $4.3-billion profits in 1979 represented more than the profits of DuPont, Sears, Proctor & Gamble, Xerox, and RCA combined, McCreery fights an uphill battle in convincing students they will be more than just a rung on the corporate ladder. But, he says, "Once you give people the idea that an industrial career can be tailor-made to their interests and capabilities you've basically done...
...share of the frozen assets. Other firms wanted part of the blocked money as payment for goods shipped or services sold for which they had never been paid. The companies filed a blizzard of 300 lawsuits, attaching some $6 billion of the Iranian assets. Claimants ranged from giant Xerox, which wanted $85 million for its expropriated business, to small consulting firms like the Stanwick Corp. of Arlington, Va., which claimed it was owed $7 million for technical services like welding training for the Iranian armed forces...
...return. The Justice Department made it clear that it was prepared to modify a 1956 decree that has effectively barred Bell from entering the fast-growing field of computer communications. The new ruling might, for example, allow A T& T to go head-on with IBM and Xerox in marketing machines that transmit information directly between computers...
...days when the country came up with the safety pin or the Ford. But reports of its death have been greatly exaggerated. While West Germany and Japan have sent a competitive shiver into American industries in recent years, the U.S. has still managed to produce such things as the Xerox, the transistor, the laser and the microchip. A lot of Yankeeingenuity is spent, to be sure, on diverting gadgetry, such as a projected palm-size phone and a vacuum cleaner with a memory (a seemingly gratuitous burden). But recent developments in medicine, such as the hybridoma cells for cancer treatment...
...stock can be a high-risk game since these young companies are frequently dealing with promising but untested technologies in untried markets. Despite the uncertainties involved, investors are now rushing to buy the sudden surge of new stock issues as they dream of discovering the next IBM or Xerox. Says Peter Rawlings of Wall Street's Blyth Eastman Paine Webber: "We really have not seen a stock market like this since the early...