Word: production
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Dates: during 1980-1989
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...primary mission of television is to provide entertainment to millions of homes," said Harvey C. Dzodin, vice president of commercial clearance at ABC. "As a by-product, television keeps people informed...
Sensor is the product of Gillette's all-out effort to lure customers away from throw-away razors, which have grabbed more than 60% of shaver sales. Gillette makes such razors too, but they typically produce a thin profit margin for their manufacturers. The Boston-based company invested $200 million in Sensor technology, and will spend an additional $175 million this year to introduce the product. When it goes on sale in January, Sensor will be priced at about $3.75 for the razor and three blades. Gillette hopes to sell 15 million razors the first year and snare...
...says he was won over by the animals. "I wish the whole world could see the elephants the way I saw them," Gup says. "Then they would understand that ivory is not jade; it's not a mineral. It's the product of a magnificent animal that has suffered tremendously so that people can wear something gleaming around their necks...
...imagine a country that regularly runs annual budget deficits five times as bad as those of the U.S.; whose fiscal policy is so paralyzed by political rivalries that its national debt is equal to its gross domestic product (vs. only 50% for the U.S.); whose debt problem is so out of hand that interest payments alone amount to 8% of GDP. Compared with this, the U.S. seems almost a model of fiscal probity...
Given a choice between two product lines, one thriving and the other struggling, most companies would have no problem deciding which one to embrace. But for Zenith, the decision was painful. The suburban-Chicago company surprised the high-tech industry last week by agreeing to sell its prosperous computer division to France's Groupe Bull for about $635 million. In doing so, Zenith, the last major U.S. maker of TV sets, decided to stake its future on that risky and supercompetitive business...