Word: turnoveritis
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What makes the Club Méditerranée a success is its prices, usually less than a traveler on his own would spend on air fare alone. After paying annual $3 dues, a club member can, for instance, go and spend two weeks on the Greek island of Corfu...
Never before have so many bought and sold so much so often. So far this year, the New York Stock Exchange has traded 680 million shares of stock -more than 8,800,000 shares a day-or 58% more than last year. The smaller, swinging American Stock Exchange traded 318...
>Big dealers with high turnover can afford to offer better bargains than small dealers. So can established dealers who are not paying big mortgages for new showrooms or buying costly advertising to get new clients. The "Honest Bob" whose commercials are constantly on television undoubtedly has a high advertising overhead...
Not surprisingly, ACCION's self-help ideal sometimes falls short in practice. The barrio is a transitory settlement of strangers, and the organizational sense often fades in the rapid population turnover. Moreover, not everyone is interested in progress; sometimes various politicians depend for their power on maintaining the status quo...
The Capitol Police Department, charged with protecting the House and Senate buildings, boasts some of the world's best-educated cops-and some of the least efficient. More than half of the 248-man force consists of meagerly trained, patronage-appointed college students whose ambitions seldom em brace advancement...