Word: others
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Illustrating the job of the creators, Connor said that his company spent 15 years trying to develop a cure for the rare (800 new cases a year) Addison's disease. In the search it found out, in 1949, how to mass-produce cortisone, today used by millions, and with...
Upjohn's Dr. E. Gifford Upjohn conceded that the race of drug companies to keep up causes his firm, in line with others, to spend 28.6% of its budget on 1,000 salesmen (out of 5,700 employees), plus other promotional activity. Research costs: 9%. Despite the high overhead, the companies are immensely profitable. The Kefauver subcommittee presented tables showing that the drug companies averaged profits of 21.4% of their net worth, compared with 11% for all U.S. industry. Part of the answer, said the subcommittee, was the pricing policy...
...contacts (Continental has little Government business) to earn his $150,000 yearly salary. "Does he run the company?" asks a Continental executive. "I'll say he does. Not just 100% - about 106%." Clay has a photographic memory that enables him to keep track of minute details, often confounds others with his knowledge. He is a relentlessly driving executive who needs little sleep, maintains iron discipline, is never wholly satisfied with the performance of his subordinates (all of whom address him as "general"). Says an old friend: "He is still the same old impossible so-and-so that...
The Goal: More Growth. The Bakalar brothers run their three plants, which employ 4,300 workers, with an informal touch. In their rambling Wakefield, Mass, headquarters, which was once an underwear mill, the Bakalars share a secretary, avoid written memos, and do most of their business in corridor conferences with...
Delfino agreed. "The growers are right. In five years, I do not think that there will be a sheep industry in the U.S. With rising land values and labor costs, it is pretty tough for a rancher to raise a sheep and make much over $1.50 on it." Delfino, on...