Appendix Ab Number of
Industry That Rank Years of Industries Best Reflects of That Percentile Company Calculation Ranked Company Industry of Industry Philip Morris
1972-1995' 57 Tobacco
2 4%
Bowes
1974-1995 70
Computer 68 97% systems
Walgreens
1975-1995 71 Retail
13 drugstore Wells
1983-1995 84 Major
64 76% regional banks savings and loan industry was deemed the best proxy for Fannie Mae. Morris dates from 1972 because data is not available before that date.
LOOP BEHAVIOR
IN THE COMPARISON COMPANIES D IRE CT COMPARISONS vacillated, shifting from one strategy to another, always looking fora single stroke to quickly solve its problems.
Held pep rallies, launched programs, grabbed fads,
fired CEOs, hired CEOs, and them yet again. Article headlines for during the years of decline read, "Heralding the Trumpet of Change" "Awakening the Giant" "Renewing and "Great Expectations" The expectations were never realized'
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