Dodging Imports

Article Abstract:

John J. Lohrman is president and CEO of Russell, Burdsall & Ward Corp. (RB&W), an industrial fastener manufacturer. The domestic industrial fastener industry has been severely hit by import competition. Mr. Lohrman has been responsible for his firm's survival and restructuring. The company has switched from a manufacturing concentration to include distribution centers with fasteners made by other companies. RB&W enjoys profitability from these organizational restructurings, from ventures into a women's clothing store chain, and from selling of majority interest to a Canadian firm.

Psychological aspects, Product information, Corporate reorganizations, International competition (Commerce), International competition (Economics), Supervisors

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When Blackboards Beckon

Article Abstract:

Interviews are presented with eight people in the business field who found teaching very rewarding. Fred Angelone gave up high school teaching to work in an accounting firm. He volunteered to teach a class for his firm and ended up teaching a class at a nearby university. Angelone, as well as the other people interviewed, found students at the university level were interested in learning. Colleges and universities recruit professionals in the business world because they feel their students can gain real world experiences as well as academic instruction.

Methods, Business, Education, Teaching

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Chrysler Won't Forget

Article Abstract:

Lee Iacocca, chairman of Chrysler, is looking good as his hard work has finally resulted in profits for the company. Labor negotiations need to be established that will give the automobile industry a future. Iacocca does not want its people to forget all the losses the industry has suffered.

Management, Automobile industry

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