With tighter management, Tyco has been able to cut its debt in half and is growing profitably again.

"I would put the emphasis on tighter management and spending discipline," he said.

None of that augurs well for tight fiscal management.

It promised new advertising and tight management of costs in response to the situation.

The next stage of its history was marked by tight fiscal management and managing to the bottom line.

Through tighter management, the Disney group slashed operating costs by 25 percent.

Such tight management has forced a new reality on doctors.

That can only be done by a combination of tighter management, spending discipline and additional revenues.

It reflected the thinking of staff that the effectiveness of the program would be improved by tighter management at the state level.

This includes tighter management of the space station program, he said, where American expenditures are more than $4.8 billion over an original $17 billion budget.