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Prior to September 11, 2001, the Taliban had already been not recognized by most countries in the world. Additionally, Afghanistan is of course home to a huge poppy growing operation, which was previously controlled largely by Western countries in efforts to prevent illegal drugs such as heroin from leaving Afghanistan.
Now, let’s look at the sales data in the last 4 years and see how that fits into the trends for the previous 15 years in the graph below. As we all remember recovery was in full swing in 2011, but since then we see a slow downward trend in equipment sales. Maybe, the “reports of death of the trade show” have been a bit premature.
Of course, bad times don’t last forever, and, slowly but surely, stock exchanges recovered and were stabilized by 2001. Many technology companies — including Webvan, a pioneer of online grocery services — declared bankruptcy and ceased operations. By 2024, eCommerce sales are expected to overtake in-store sales. The sky’s the limit!
This in turn allowed Wal-Mart to replicate sales successes between outlets; creating and managing peaks in demand via its systems for buying, shipping, and of course, warehousing. WebVan went out of business in 2001 with a market value close to zero after having initially raised billions in funding. Tropicana Products, Inc.
NOTE: Ron Giuntini also participated in the roundtable, but his contribution on the servitization trend will appear in a separate article. . They also agreed that the currently hot economic growth trend will cool down but not reverse its advance next year. Once in, you’ve got to stay the course. Automation, Robots and AI.
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