Page 223 - Accelerating out of the Great Recession
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INDEX


        United States (continued)      Walker, Sir David, 165–166
          unemployment in, 54, 55      Wal-Mart, 53, 144–146
          and world GDP, 28            Watson, Thomas J., 102–103,
        U.S. Federal Reserve:             112–114, 149, 154
          quantitative easing by, 4    Welch, Jack, 162
          “stress test” used by, 14–16  Wendy’s, 105
        U.S. Treasury bonds, 10, 39    Westinghouse, 102
                                       White biotechnology industry, 42
        Value:                         Woolworths, 64
          in low-cost business model,   Working lives, length of, 54–55
            130–131                    Work-life balance, talent retention
          shareholder, 162                and, 156
        Value creation, 164            World Trade Organization (WTO),
        Value mind-set, in investing, 61–62  44, 45
        Value-consciousness, of consumers,   World War II, 3, 55, 86
            53–54                      World/global economy:
        Vertically integrated business model,  2009 shrinkage in, 4
            103                         possible scenarios for, 153
        Visibility of leaders during crises,   WTO (World Trade Organization),
            154–155                       44, 45
        Volatility, cash position and, 92
                                       Yamada Denki, 130–131
        Walgreens, 137                 Yanai, Tadashi, 146
        Walgreen, Charles R., III, 137  Yukijirushi, 132




























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