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And it doesn't mean that you stay in an unprofitable market.
And the company is also considering closing some of its unprofitable markets.
Since 1997, more than 20 insurance companies have stopped writing policies in New Jersey, saying that the state's maze of regulations made it an unprofitable market.
The merge allowed CUB to raise prices and remain profitable in what had been an unprofitable market.
The economical influence of the Soviet Union was highlighted by the creation of the SovRom companies, which directed Romania's commercial exchanges towards unprofitable markets.
G.M. needs to replace assembly plants to lower its production costs in the small-car market, a swiftly shrinking and unprofitable market segment that G.M. dominates.
He also shrunk Aetna's customer base from 19 million members to 13 million by abandoning unprofitable markets, including almost half of the counties nationwide in which it offered Medicare products.
But many Wall Street analysts said that dropping Medicare units in dozens of unprofitable markets would not be enough to pull the health maintenance organizations out of a three-year earnings slump.
Point of sale systems supplier Riva Group Plc has succeeded in stemming its losses for the year to December 31 by drastic cost-cutting and leaving unprofitable market sectors.
The British telecommunications company Cable and Wireless sold its stake in the Hong Kong phone company PCCW as part of a strategy to exit unprofitable markets.
Public organisations do not have freedom to exit from "unprofitable markets" in this way and may have limited controls over inputs, for example, hiring and firing policies, pay levels, and so on.
The technology supplier may plan to develop these growing markets as part of a long-term market strategy, implying that the supplier expects these currently unprofitable markets to become profitable in the future.
"At least they are no longer chasing after unprofitable market share," said Ulysses Yannas, a broker at Buckman, Buckman & Reid who owns Kodak shares.
How can existing big shops with old technology and legacy issues, like too many nonproductive employees and often unprofitable market segments, compete against the Chinese on one hand and me in my flexible small shop?
Airlines are scaling back in unprofitable markets, trading wide-body jets for fleets of smaller, more fuel-efficient models like Boeing 737's and McDonnell Douglas MD-80's, and saturating routes between key cities.
Leaving an unprofitable market may be a sound business practice, but leaving elderly patients in turmoil to find medical insurance and new doctors is both ethically unconscionable and dangerous because it causes disruption in the continuity of care.
Those Regulations Had Contributed To What Insurers Said Was An Unprofitable Market, And What Motorists Found Were Some Of The Nation's Highest Rates.
The board will usually have responsibility for long-term strategic planning, for example concerning investment in new production facilities and products, merging or making a bid for another company, closing down existing plants or pulling out of unprofitable markets.
For building entrepreneurs and property developers the poor were an unprofitable market, compared to the rich pickings from the new specialised business and shopping districts and the solid houses and apartments for the middle class, or the developing suburbs.
By 1979, it became clear that the earlier cost-saving plan would not be enough to save Woolco from failure, so Woolworth combined the discount store operating unit with its variety stores and began to close stores in unprofitable markets including Chicago.
Its demise was partially caused by Ethernet establishing itself over Omninet as the local area network standard for PCs, and partially by the decision to become a PC clone company in a crowded and unprofitable market space.
InPhonic attributed its bankruptcy filing, in part, to a recent default under a prepetition credit agreement, as well as illiquidity and declining revenues caused by unprofitable marketing activities and an inability to maintain adequate inventory of the most popular wireless devices.
The J. League (also in Japan but run like European football leagues) has by contrast allowed only a few teams to move out of crowded or unprofitable markets, the only prominent example being Tokyo Verdy moving from Kawasaki, Kanagawa to Tokyo.