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marginnayan

05/16/05 1:16 PM

#392077 RE: federal reserves #392071

"The world's largest organizations are calling into question its efficacy in today's economy."

Then where is the global growth going to come from for the 21st Century. Since people say 21st century is going to be the Asian Century.



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skono4

05/16/05 1:32 PM

#392082 RE: federal reserves #392071

35% cited flexibility and capacity, but comments revealed that contracts are binding and vendors, often rigid, are refusing to accommodate last-minute changes.
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When you scour the globe for the cheapest available contractor should it be a surprise that the margins are not healthy enough for your suppliers to react to your needs when they deviate from the terms of the contracts? It's standard procedure in the construction industry to "throw out" the low bidder without consideration. We don't want to waste our time with the cheapest SOB out there when we have a job to get done. It's simple risk reward analysis. Over the years you learn that the difference between the low bid and a fair price is not worth the hassles of dealing with the lowballers.
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Newly2b

05/16/05 1:37 PM

#392085 RE: federal reserves #392071

Anyone who has ever experienced a computer problem or connectivity problem and their call for help ended up in India or the Phillippines knows why outsourcing services does not work.

Newly
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osprey

05/16/05 2:07 PM

#392119 RE: federal reserves #392071

Soon, companies will hire cheap American labor to lower costs. They are often highly educated and motivated, good workers. Most are nonunion. And, a lot of them speak good English <g/ng>.