Word: sharing
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Dates: during 2000-2000
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...glowing account of the administration's achievements is Vice President Gore, who received plenty of plaudits from a president with whom he had appeared estranged only months ago. "Rarely has a sitting president campaigned so openly and so vigorously for his vice president," says Branegan. "But Gore and Clinton share the same New Democrat agenda, and a Gore victory would vindicate Clinton's legacy." So the President's "personal mistake," as Gore so delicately put it earlier this week, is a lot less important to the vice president than claiming bragging rights for the unprecedented prosperity that has coincided with...
...Although the company's fourth-quarter performance was slightly better than predicted, Coke also announced that inventory cuts by its bottling company partners around the world would result in a one-time charge this year of between 11 and 13 cents a share. It would also cost the company some $800 million to handle the job cuts, which are expected to save the company $300 million a year. The Atlanta-based corporation also plans to decentralize its operations, bringing its management closer to the consumer in its various global markets. Atlanta was criticized last year for reacting too slowly...
...season. "Overestimate," Sharma says, "and you're left holding the bag. Underestimate, and your customers are putting rain checks in people's stockings." It's a tricky balance, and it affects the bottom line. Many e-tailers have abandoned all hope of profit in their race to win market share. "But if customer-acquisition costs are only part of the red ink," Sharma warns, "then your cost of doing business is too high or you're not charging enough, and you won't be able to survive." A lot of the reasons Amazon has done so well--bigger warehouses, superior...
...beer. Since its beginnings more than a century ago in Johannesburg's gold-mining camps, SAB has established a near monopoly in its vast--and thirsty--home market. Popular brands like Castle and Lion are nursed in bars and at barbecues across South Africa. SAB's 98% domestic-market share has funded the company's expansion into 20 countries across Africa, Asia and Eastern Europe. In 1998, foreign operations made up 45% of the company's $3 billion in worldwide beer sales. SAB is looking to expand further in Africa and Asia. The firm has only a token presence...
...concern. Although the St. Louis-based giant had expressed an interest in bidding for Nomura's Czech brewing interests, Eastern Europe is "not a priority region for our international development," says Steve Burrows, CEO and president of Anheuser-Busch International. The company has concentrated on increasing its market share in Western Europe. It has gained ground in Britain--one of Budweiser's largest markets outside the U.S.--and the Republic of Ireland, and has built up a following in Italy, Spain and Greece. Similar expansion won't be easy for SAB. Its extensive distribution network in Eastern and Central Europe...