4
Oil & Rsheries As Vital Resources by Nelson F. Ruiz As an Ecuadorian citizen, and a student at A.G.S.I.M.. I am grateful and happy for the op portunity of having such a distinguished figure visit our campus, and share with us his views on such important issues as: 1.) the 200-mile territorial water claim on the part of Ecuador, together with Peru and (Mi; and 2.) the Ecuadorian oil policy. The worldwide importance of both fish ing and oil, prompted me to elaborate on what Ambassador Cardenas had to say: FISHING. - In view of present population growth-trends, many leading economists took to the seas as a future source of food and resources, recognizing the steady dwindling of supplies from terrestrial ecosystems. This concern is shown by the extent to which the sea is being explored, so as to find supplies that will, hopefully, ease the pressure on present output. This issue can be seen from two perspectives: economic and political: in the former case. Ecuador, as an increasing number of countries are doing, claims sovereignty (i.e. ownership.' over the ichthyological resources in what she considers to be her territorial sea These resources constitute an important reserve for. Ecuador: a reserve which she has not hitherto developed, a reserve that, once exploited, will give Ecuador greater economic bargaining power and thus im- prove her conditions for AMERICAN GRADUATE SCHOOL OF INTERNATIONAL MANAGEMENT VOL4-NQ.33 GUNDALE. ARIZONA (53O6 MBHEU1S75 Off We Go! The Thisiderfaird Invitation*: Balloon Race is this weekend, November 8th and 9th, on the American Graduate School campus. The efforts of many weeks and many people will be culminated in the two-day-long competition Many students at AGSIM had their first taste of what the race will involve during a practice training session on the campus held Saturday, October 2Sh. Five hot air balloons were on the field with four successful launches and only one failure - .duu £0 t£g rMpncfflusniWr of the wind. It was a perfect day for the training session and newiy form- ed ground and chase crews teamed the rudiments of their responsibilities from seasoned balloon pilots. Local news media were in attendance as well using the opportunity to get a bit of background information for their coverage of the event. The actual ra.ces will get un- derway at 8:00 Saturday morn- ing, but the real enthusiast will be on the field well before to witness the preparations for the launch A parade of flags with students of AGSIM in nattfS dress bearing their national Eggs To Santa Clara %^^f - It's not supposed to rain in Manila in December, but I guess the weatherman didn't get the word this year because it has rained every day so far. A situation like this just naturally gives the harried hostess the wiHies when she's planning to have a large outdoor party. You see, we don't have snow and cold weather in the Philippines at any tone of the year, and we're not supposed to have rain after November. That's why we can have our Christmas parties out of doors. As I was saying about the rain you'd be nervous too if at 3:00 o'clock in the afternoon it was raining buckets and at 7:30 that night you were expecting 180 people to attend the Christmas party of the Management Association of the Philippines for which you were responsible. You'd also heave a sigh of relief if the rain stopped in time to keep from ruining the whole show. I heaved that sigh because the ram did stop. The next day it was raining again and there we were ex- pecting fifty people for an office dinner party in our gar- den. But the rain stopped in the nick of time again and when the first guests arrived the sky was like blue velvet, with a new moon nestled in the top branches of the giant rubber tree which separates our garden from that of our neighbor. It was a lovely evening. , The last guest had left. The cleanup crew was at work and my husband was checking the bill from the caterer. Something seemed to puzzle him. Then he said. "What in the heck is this bit about six dozen eggs and a trans- portation charge?" 1 had to admit that it did look a little strange to see it on the bill: but then, I HAD asked Mrs. Teodoro to send six dozen eggs to Santa Clara! You see, I had beard about mis method of in- suring good weather on a party night when I first came to the Philippines. It has been a con- stant source of joking con- versation during the rainy season. According to my in- formants, two dozen eggs usually wiD do the trick. But since there would be two parties, two nights in a row and considering all the rain we had been having lately, I told her I thought we ought to make it six dozen eggs this time just to be on the safeiAt and to cover both nights. /jt> "Do you. really, baieve in that?" Mrs. Teodoro asked. People are always asking me that question. "Well, it hasn't failed me in three-, yars," if replied flippantly Of course, since we'd never been bu%d for eggs before, I couldn't vouch {or the fact mat any had ever been sent. People around here laugh a lot about sending eggs to Santa Clara. In fact; I can't say that I've ever met anyone who admits to really having done ^50. However, SOMEBODY must be sending eggs, because I hear that the Sisters at the Santa Clara Church are spreading the word that they'd just as soon have money as eggs. I guess after the last couple of weeks of rain those poor sisters must be getting pretty fed up with eating eggs, but who can be sure that money wfll work as well? Of course, I know this business about sending eggs to Santa Clara to ward off rain is nothing but a silly superstition and I'm neither superstitious nor Catholic. But then. I'm not Muslim either ... and there WAS that time when I was hit by the CONTINUED ON PACf 4 banners wiii begin the festivities. The Hare and Hound will be the initial competition in the morning with a CNTE scheduled for the afternoon. Sunday morning will be another Hare and Hound with slight variations, and at twelve noon an awards brunch will be held on campus with Mr. Makolm Forbes of FORBES presenting the trophies (all of which have been specially designed for the event by Udinotti. a Scottsdale sculptor). Many, many people have been uBtTtinieaial in bringing tMs scholarship fund-raising event into being. For all those involved it has been a (fcrnflnriiqg and time-consuming effort, but no one can deny it has been worth the labor. Come and join in the fun as AGSIM and the Friends of Thunderbird bring a touch of aerial magic to Arizona. SPEAKERS economic and social develop- ment. As Ambassador Cardenas said: the 200-mile issue has become a matter of serious consideration fa international circles, for many countries that previously con- sidered it bizarre, are now having second thoughts about it: just a few months ago, at the Geneva meeting of the United Nations Conference on the Law of the Sea, the soundness of the principle of the 200-mile limit was upheld by more than one hundred countries, who adhered and subscribed to it, as a means of protecting and preserving the living species and mineral wealth, in the soil and subsoil, from depredation and irrational exploitation. Ewen in the United States the 200-mile principle is gaining acceptance, as shown by the U.S. Senate move, in 1973, to establish a fishing protective zone of 200 miles. Recently, the House of Representatives approved by a majority of 2 to 1 (208 to 105) the so-called Studds Bill, with an identical purpose. From all the events that have transpired, relatively recently, it can be seen that the Santiago Declaration of 1*2. does, after all. make a lot of sense in terms of conservation and planned exploitation of maritime resources. OIL.- The importance of oil in our world today can be estimated by the effects of fluctuations in its supply: indeed, many of the economic, and even political problems that face the world today are the result, directly or indirectly, of the "Energy Crisis," which, in an economic sense has led to inflation, unemployment, and recessJos, From a political standpoint, the oil crisis has altered the balance of power among the various countries of the world: for those "desert" and "banana" coun- tries sitting on a pool of oil, were just that: desert and banana countries (without the derogatory projections) before their oil was exploited. Now those countries, because of their petroleum, have the bargaining power to secure more than just international negotiation con- ditions. To many countries, oil is their only hope for a better fate; therefore, it is fair for those countries to maximize their returns, just as it is wrong for them to abuse their good fortune. Oil policies are influenced by the fact that petroleum is a nonrenewable resource; con- sequently, for the sake of the oil- producing nations, its ex- ploitation must be oriented toward the highest social benefit, to ensure development and the welfare of the people of those countries the first and only time around. Foreign firms are welcome to bring their technology, but, because the countries own the resource, there should be a partnership relation, one in which neither exploits the other. The Less Developed Countries (LDC's) are sick and tired of Placement Committee The ASLC Placement Com- mittee is currently engaged in a continuing effort to maintain the calibre of performance desired by students who employ the facilities and materials of the Placement Center. Despite our best efforts however, it is becoming increasingly difficult to upgrade the current materials kept on file, due to increased theft of such information. The Placement Staff makes every effort to solicit this material for your use and provides facilities tor their proper employment. It is impossible, however, to provide such assistance if students continue to take the copies of Annual Reports, Placement Information and Corporate In- formation Bulletins found in the Company Files. The competitive advantage derived from such theft is nil. whereas the in- convenience to fellow students is tremendous. We must insist that such childish actions cease: it is obvious that no one benefits and that everyone loses. being exploited, and now that they have some Bargaining power, they are using it to ensure fair negotiations on a horizontal basis, for neither is, nor should it be expected, giving any coo- cessions. The LDCs that are fortunate of having resources which the Developed Countries (DC's) require should, as I stated earlier, maximize their returns without abuse, so as to get themselves away from the receiving end of a long-overdue relation of dependence. These countries are able Co negotiate and to raise their capital requirements through trade, if only such hindrances as the Trade Bill 1974 were left out of the Picture. But, Iu SpitE m iuia coercive measure, countries, like Ecuador and Venezuela, are willing to pay the price for maintaining their right, as free and sovereign nations, to associate themselves with whatever groups of countries they consider convenient to' obtain fair prices for their basic commodities which are the mainstays of their economic and social development. We live in a world where economic tateniependenee and reciprocal cooperation piay a vital role. The absence of these has led to the realization that growing imbalances are threatening the world's peace and stability. The imhy|)»T»v»B are evident in every facet of today's economic system: the great disparaties in living standards; the unequal distribution of resources, allowing for waste at one extreme, whilst disallowing basic survival at the other; the uneven distribution of technology and know-how; the wasteful use of natural resources and the abuse and consequent deterioration of the environment; etc. The present world is "polarized," and the outcomes of this polarization could lead to a major disaster: one which not even the great deterrent powers of today could control, one which would cause the destruction of those who needed sharing, as well as those who refused to share.

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Page 1: Oil & Rsheries As Vital Resources · Oil & Rsheries As Vital Resources by Nelson F. Ruiz As an Ecuadorian citizen, and a ... resources, recognizing the steady dwindling of supplies

Oil & Rsheries As Vital Resourcesby Nelson F. Ruiz

As an Ecuadorian citizen, and a student at A.G.S.I.M.. I am grateful and happy for the op­ portunity of having such a distinguished figure visit our campus, and share with us his views on such important issues as: 1.) the 200-mile territorial water claim on the part of Ecuador, together with Peru and (Mi; and 2.) the Ecuadorian oil policy.

The worldwide importance of both fish ing and oil, prompted me

to elaborate on what Ambassador Cardenas had to say:

FISHING. -In view of present population

growth-trends, many leading economists took to the seas as a future source of food and resources, recognizing the steady dwindling of supplies from terrestrial ecosystems. This concern is shown by the extent to which the sea is being explored, so as to find supplies that will, hopefully, ease the pressure on present output.

This issue can be seen from two

perspectives: economic and political: in the former case. Ecuador, as an increasing number of countries are doing, claims sovereignty (i.e. ownership.' over the ichthyological resources in what she considers to be her territorial sea These resources constitute an important reserve for. Ecuador: a reserve which she has not hitherto developed, a reserve that, once exploited, will give Ecuador greater economic bargaining power and thus im­ prove her conditions for

AMERICAN GRADUATE SCHOOL OF INTERNATIONAL MANAGEMENT

VOL4-NQ.33 GUNDALE. ARIZONA (53O6 MBHEU1S75

Off We Go!The Thisiderfaird Invitation*:

Balloon Race is this weekend, November 8th and 9th, on the American Graduate School campus. The efforts of many weeks and many people will be culminated in the two-day-long competition Many students at AGSIM had their first taste of what the race will involve during a practice training session on the campus held Saturday, October 2Sh. Five hot air balloons were on the field with four successful launches and only one failure - .duu £0 t£g rMpncfflusniWr of the wind. It was a perfect day for the

training session and newiy form­ ed ground and chase crews teamed the rudiments of their responsibilities from seasoned balloon pilots. Local news media were in attendance as well using the opportunity to get a bit of background information for their coverage of the event.

The actual ra.ces will get un­ derway at 8:00 Saturday morn­ ing, but the real enthusiast will be on the field well before to witness the preparations for the launch A parade of flags with students of AGSIM in nattfS dress bearing their national

Eggs To Santa Clara%^^f - It's not supposed to rain in

Manila in December, but I guess the weatherman didn't get the word this year because it has rained every day so far. A situation like this just naturally gives the harried hostess the wiHies when she's planning to have a large outdoor party. You see, we don't have snow and cold weather in the Philippines at any tone of the year, and we're not supposed to have rain after November. That's why we can have our Christmas parties out of doors.

As I was saying about the rain you'd be nervous too if at 3:00 o'clock in the afternoon it was raining buckets and at 7:30 that night you were expecting 180 people to attend the Christmas party of the Management Association of the Philippines for which you were responsible. You'd also heave a sigh of relief if the rain stopped in time to keep from ruining the whole show. I heaved that sigh because the ram did stop.

The next day it was raining again and there we were ex­ pecting fifty people for an office dinner party in our gar­ den. But the rain stopped in the nick of time again and when the first guests arrived the sky was like blue velvet, with a new moon nestled in the top branches of the giant rubber tree which separates our garden from that of our neighbor. It was a lovely evening. ,

The last guest had left. The cleanup crew was at work and my husband was checking the bill from the caterer. Something seemed to puzzle him. Then he said. "What in the heck is this bit about six dozen eggs and a trans­ portation charge?"

1 had to admit that it did look a little strange to see it on the bill:

but then, I HAD asked Mrs. Teodoro to send six dozen eggs to Santa Clara! You see, I had beard about mis method of in­ suring good weather on a party night when I first came to the Philippines. It has been a con­ stant source of joking con­ versation during the rainy season. According to my in­ formants, two dozen eggs usually wiD do the trick. But since there would be two parties, two nights in a row and considering all the rain we had been having lately, I told her I thought we ought to make it six dozen eggs this time just to be on the safeiAt and to cover both nights. /jt>

"Do you. really, baieve in that?" Mrs. Teodoro asked. People are always asking me that question. "Well, it hasn't failed me in three-, yars," if replied flippantly Of course, since we'd never been bu%d for eggs before, I couldn't vouch {or the fact mat any had ever been sent.

People around here laugh a lot about sending eggs to Santa Clara. In fact; I can't say that I've ever met anyone who admits to really having done ^50. However, SOMEBODY must be sending eggs, because I hear that the Sisters at the Santa Clara Church are spreading the word that they'd just as soon have money as eggs. I guess after the last couple of weeks of rain those poor sisters must be getting pretty fed up with eating eggs, but who can be sure that money wfll work as well?

Of course, I know this business about sending eggs to Santa Clara to ward off rain is nothing but a silly superstition and I'm neither superstitious nor Catholic. But then. I'm not Muslim either ... and there WAS that time when I was hit by the

CONTINUED ON PACf 4

banners wiii begin the festivities. The Hare and Hound will be the initial competition in the morning with a CNTE scheduled for the afternoon. Sunday morning will be another Hare and Hound with slight variations, and at twelve noon an awards brunch will be held on campus with Mr. Makolm Forbes of FORBES presenting the trophies (all of which have been specially designed for the event by Udinotti. a Scottsdale sculptor).

Many, many people have been uBtTtinieaial in bringing tMs scholarship fund-raising event into being. For all those involved it has been a (fcrnflnriiqg and time-consuming effort, but no one can deny it has been worth the labor. Come and join in the fun as AGSIM and the Friends of Thunderbird bring a touch of aerial magic to Arizona.

SPEAKERS

economic and social develop­ ment.

As Ambassador Cardenas said: the 200-mile issue has become a matter of serious consideration fa international circles, for many countries that previously con­ sidered it bizarre, are now having second thoughts about it: just a few months ago, at the Geneva meeting of the United Nations Conference on the Law of the Sea, the soundness of the principle of the 200-mile limit was upheld by more than one hundred countries, who adhered and subscribed to it, as a means of protecting and preserving the living species and mineral wealth, in the soil and subsoil, from depredation and irrational exploitation.

Ewen in the United States the 200-mile principle is gaining acceptance, as shown by the U.S. Senate move, in 1973, to establish a fishing protective zone of 200 miles. Recently, the House of Representatives approved by a majority of 2 to 1 (208 to 105) the so-called Studds Bill, with an identical purpose.

From all the events that have transpired, relatively recently, it can be seen that the Santiago Declaration of 1*2. does, after all. make a lot of sense in terms of conservation and planned exploitation of maritime resources.

OIL.-The importance of oil in our

world today can be estimated by the effects of fluctuations in its supply: indeed, many of the economic, and even political problems that face the world today are the result, directly or indirectly, of the "Energy Crisis," which, in an economic sense has led to inflation, unemployment, and recessJos, From a political standpoint, the oil crisis has altered the balance of power among the various countries of the world: for those "desert" and "banana" coun­ tries sitting on a pool of oil, were just that: desert and banana countries (without the derogatory projections) before their oil was exploited. Now those countries, because of their petroleum, have the bargaining power to secure more than just international negotiation con­ ditions. To many countries, oil is their only hope for a better fate; therefore, it is fair for those countries to maximize their returns, just as it is wrong for them to abuse their good fortune.

Oil policies are influenced by the fact that petroleum is a nonrenewable resource; con­ sequently, for the sake of the oil- producing nations, its ex­ ploitation must be oriented toward the highest social benefit, to ensure development and the welfare of the people of those countries the first and only time around.

Foreign firms are welcome to bring their technology, but, because the countries own the resource, there should be a partnership relation, one in which neither exploits the other. The Less Developed Countries (LDC's) are sick and tired of

Placement CommitteeThe ASLC Placement Com­

mittee is currently engaged in a continuing effort to maintain the calibre of performance desired by students who employ the facilities and materials of the Placement Center. Despite our best efforts however, it is becoming increasingly difficult to upgrade the current materials kept on file, due to increased theft of such information. The Placement Staff makes every effort to solicit this material for your use and provides facilities

tor their proper employment. It is impossible, however, to provide such assistance if students continue to take the copies of Annual Reports, Placement Information and Corporate In­ formation Bulletins found in the Company Files. The competitive advantage derived from such theft is nil. whereas the in­ convenience to fellow students is tremendous. We must insist that such childish actions cease: it is obvious that no one benefits and that everyone loses.

being exploited, and now that they have some Bargaining power, they are using it to ensure fair negotiations on a horizontal basis, for neither is, nor should it be expected, giving any coo- cessions.

The LDCs that are fortunate of having resources which the Developed Countries (DC's) require should, as I stated earlier, maximize their returns without abuse, so as to get themselves away from the receiving end of a long-overdue relation of dependence. These countries are able Co negotiate and to raise their capital requirements through trade, if only such hindrances as the Trade Bill 1974 were left out of thePicture. But, Iu SpitE m iuiacoercive measure, countries, like Ecuador and Venezuela, are willing to pay the price for maintaining their right, as free and sovereign nations, to associate themselves with whatever groups of countries they consider convenient to' obtain fair prices for their basic commodities which are the mainstays of their economic and social development.

We live in a world where economic tateniependenee and reciprocal cooperation piay a vital role. The absence of these has led to the realization that growing imbalances are threatening the world's peace and stability. The imhy|)»T»v»B are evident in every facet of today's economic system: the great disparaties in living standards; the unequal distribution of resources, allowing for waste at one extreme, whilst disallowing basic survival at the other; the uneven distribution of technology and know-how; the wasteful use of natural resources and the abuse and consequent deterioration of the environment; etc.

The present world is "polarized," and the outcomes of this polarization could lead to a major disaster: one which not even the great deterrent powers of today could control, one which would cause the destruction of those who needed sharing, as well as those who refused to share.

Page 2: Oil & Rsheries As Vital Resources · Oil & Rsheries As Vital Resources by Nelson F. Ruiz As an Ecuadorian citizen, and a ... resources, recognizing the steady dwindling of supplies

COMMENTFuture Shock "Japanese Department"

by PhflBpr DeymesThe ability of any organization

to survive is determmed by its capacity to draw up and im­ plement a long-range policy and stick to its objectives while being flexible enough to meet fluc­ tuations. It is much easier to adapt a product to its market than to imagine that you can modify the demand to match your product.

This somewhat "Sloanish" preamble is meant to express my concern with the path AGSIM has taken (and intentionaly I do not write "chosen to take"...) in the last few semester and the general impression, drawn from a recent student survey and conversations with key people of our institution, that Thunderbird is losing its appeal although it broadened its clientele, losing its impact by trying to cater for too many needs, and finally losing its uniqueness by failing to take advantage of it.

Today AGSIM has not clearly chosen its market: either we want to provide a large number of middle - management em­ ployees to international divisions, in which case other institutions with a stronger financial backing and an ability to recruit top-class faculty could do it cheaper and incidentally have started to do so, or we want to concentrate on being the only place in the world providing international managers in which case there are not at present 250 jobs available every four months. Hie latter concept of post-graduate "In­ stitute" was prevailing in the past and graduates often bad the choice of several jobs. In otter words I suspect tnat if we looic ^t the job-market 10 or 20 years ahead, we win discover 3 split in the area of international man­ agement between the "elite" of highly flexible and immediately operational executives and the

"average" internationally -oriented student who is likely to be very young and inexperienced, fresh from college, and with a very basic training that the corporations will have to com­ plement with long additional training programs. The split already exists in the Business Schools, with the top three or four MBA programs providing to the corporations a distinct profile reflected in the fact that graduates have much higher entry-salaries, a choice of several jobs and a reputation of being almost instantly "profitable" for the employer.

The choice to hit that post­ graduate market can be made sowi, because fortunately our institution has a high degree of flexibility due to its size and total independence. A "Committee of Ten" created by Dr. Voris and chaired by Dr. Tancer is now trying to reappraise the purposes arid the goals of Thunderbird and it seems that this semester will be a crucial point in our history. With the support of several faculty members (i.e. those who do not fea r to loose their job in the process) and of many alumni who do sot 'A-2r,t this school to "go down the drain," I feel that a gradual program to trim down and upgrade AGSIM is feasible but would imply the policy changes outlined below.

First and foremost, as men­ tioned almost unanimously in the survey, the profile of the average entering student would have to be changed drastically. AGSIM would accept students over 25, with either an MBA or equivalent, or two years of practical experience in the business world. Students who would not comply to this requirement but would still be strongly motivated to join AGSIM could be directed to a good MBA program (ASU or

SML") to complete around two semesters before they are ad­ mitted.

This would mean a decrease in the number of students and thus higher tuition charges, but corporations would pay for their employees to get trained here as they do for the Key-Man courses. Moreover, the fund- raising capacity of the school (thus the availability of financial aid) would be increased by the post graduate flavor of Thun­ derbird.

The faculty, moreover, would have to be trimmed down too: mere high-level seminar courses with visiting businessmen i preferably alumni > coming to talk about their particular field of specialization, more Capstone- type projects through which the school could collect money - if students are of a mature enough level to bring workable solutions to the company's problems - and could increase the number of recruiting firms.

Most important of all, the T- Bird community would have to change its mentality and ap­ proach. The prevailing at­ mosphere today is one of laissez-faire ' and "the easiest

Master's north of the Rio Grande" etc. Retaining its country-club atmosphere winch I view as an asset, AGSIM could still become - in a gradual shift taking three to five years - a highly specialized and serious institution.

Consultants are roaming the campus, searching for« arguments to encourage fund- raising, students push alarm buttons and put warning signs, reporting for Mother Academja on "How to sell this School," brains are storming at the Committee of Ten and all this feverish activity indicates one thing: AGSIM is on the move to avoid its "Future Shock."

by Mark WolfOf course I'm prejudiced

Having been blessed with the customarily sunny disposition of the weak-minded, I can find a silver lining in a mushroom ctoud But when my declining years find me surrounded by an admiring circle of as-yet-unborn grandchildren, my remem- berances of A.G.S.I..M. cannot be anything but fond: my three semesters among the imps and elves of the Japanese Depart­ ment will provide laughter enough to comfortably upholster my dotage.

What is this? Can there really be rewards for us miserable btae- eyed devils in a language which when written looks like remnants of old television antennae, and when spoken resembles the sound of someone building a garage? To study an Oriental language - fun""

Absolutely. The rewards are social and professional, and the fun personal.

Here on the campus there is unwritten recognition that the English-speaking student who plunges into Japanese or Chinese has grasped the nettle by choosing, perhaps, the rockier road to his degree. Oar feBow- students are among the school's very best, our instructors among die most demanding. Can you begrudge us our esprit de corps?

But the rewards of running the Oriental language gauntlet are more valuable and more tangible when it comes time to market ourselves to potential employes. The successful study of an Asian language is a demonstration of one's willingness and ability to seek out and handle a challenge of snfrstarKy I can personally testify.that it is a valuable.ad­ dition to one's resume.

This is not to say that the ability to speak Japanese or Chinese or any other foreign language constitutes a passport to satisfying employment. If we

Disillusioned No MoreTo the Editor:

I've had it with the grumbling and criticism of fellow T-Rrds about the job Mr. Fonveille is doing as Director of the Placement Center. From the first day on campus I was in­ doctrinated into the prescribed prejudices of "Camp T-Bird": the food is lousy, all profs give out only A's and A-'s, and Fon- veflle is a farce. But perhaps mat paragon of knowledge called a Third-Semester Student (who can Find both the Chapel and classroom 13 in the same day) is not 100 percent correct.

The first disillusionment with the AGSIM myth came in respect to tiie cafeteria. Even with all the rumors of ptomaine lurking in the "Mystery Meat," I had to confess mat the food is a lot better than what I've been cooking. And definitely better than what most ' of us had at old "Alma Mater."

Then came the matter of studies and grades. All reassuring thoughts of the Thundercurve went out the window when three students in my Econ class failed (yes, that's an F) the midterm. While I was beating my brains out over the Stat book, I seriously began to doubt the gospel spewed out by the old timers: you know, the dude who explains how he slept through 15 of the first 20 lectures, didn't open a book the entire semester, got drunk the night before, stumbled bleary-eyed into class and pulled a 97 on the final. Most of us who stumbled Weary-eyed into class because we had been studying all night

didn't even get 97's.And so after two of the three

myths were questioned, I decided to try the third. And amazingly enough, I found that Mr. Fon­ veille is far from the onerous image of the scouge of the Placement Center as he is so often described. He gave me a lot of help when I asked for it But that didn't take the form of a sure lead on a job which just opened up or the addition of my name at the bottom of the interview list. Instead it came as a lot of questions which he left for me to sort out on my own-. I came into the Placement Center wanting a job, reassurance, and a pat on the back, and I walked out asking myself what I really wanted, what I could live with, and what I really had to offer. Sure, he tore me down a bit and burst my bubble, but better Fonveille than the recruiter for a firm that I really wanted to work for. He made me realize that I didn't know exactly what I wanted and that I had to get my head together before I could make any progress on my job search. With his coaching and sometimes painful criticism I got together some objectives and did a lot of thinking. Once I knew what I wanted in the way of a job, he could then help me by pointing out specific companies, certain new opportunities, etc. He en­ couraged me to spend my time during the semester break constructively. So instead of tromping off to Mexico or Las Vegas. I_ spent that time on job interviews. And it paid off with

offers of more fly-backs than a lot of graduating T-Birds ever see.

I'm sick and tired of students thinking that the role of the placement director is that of following Dr. Voris down the row at graduation and handing out jobs. That's not to say, however,

'that the jobs aren't there. Sure they are!! But you have to go out and find them yourself. Don't expect to stick your name into the resume book and have the job of a lifetime come and pick you out among the hundreds of other names. Maybe, just maybe, the companies are looking for a person with enough gumption to come to them on his own, worm his way past the receptionist whose entire vocabulary consists of: "I'm sorry, but the personnel director only grants interviews to applicants who have submitted resumes in advance." and beg, borrow, or steal five minutes of time to get a foot in the door and that resume on the desk.

That's the spirit that has put AGSIM where it is. and T-Krds where they are in international business all around the world. And that's the spirit that we need to get their right along with them. Take a good look at the students who sit around at the Pub at 4:00 in the afternoort bitching about Fonveille and the dearth of jobs. I wouldn't hire most of them either. If they really had what it takes they would be in the placement center doing research, or in their rooms writing good original letters. Or maybe even wearing some rubber off the soles of their shoes by going out into

the cold cruel world and pounding the pavement for a job on their own.

The jobs are there, and they're being filled by capable and aggressive people. Any T-Bird who really looks for a job and goes all-out to find it can get just what he's looking for. But it takes affirmative action to do it. A tot of good jobs came out of here last term, and they will be coming out again this term, and the next, and the next. So stop swirling the foam in the bottom of your beer glass commiserating about the sad state of the economy and the Placement Center, and do something that makes you worthy of getting that special job that you're dreaming about. Fonveille has too long been the scapegoat for the students' own inaction or inability. It's time to place blame where it is due.

Diane M. Clauss October 22, 1975 Box 120

Thunderbtrds have a fault, it is perhaps our overeagerness to stress cultural and linguistic prowess at the expense of business training and ac­ complishments From the in­ terviewer's standpoint, language is but the icing on the managerial cake.

But perhaps bast of all is the personal satisfaction-derived from scratching just a bit of the mysterious veneer from Asian ways of thinking. Mightn't i> interest you to know that ..-e Japanese words for "wife" aid "mother" sound almost exac* y the same? Or that the character for "mischief" is simply the character for "woman" multiplied by three? To stroll the labyrinths of -the Chinese writing system is to tread where few gaijin ever do.

And comes at last the final mystery. Having finally reached Japan bursting with the desire to exercise your hard-won skill, ready, willing, impetuous, conscious that This is the Moment the mystery is: how do you persuade the little blighters to leave off speaking English?

Lack Of TrainingTo The Editor:

From my conversations with a few faculty members and several students here at the Thunder bird Campus I would like to bring a matter to your attention. As you wefl know, AGSIM does not have a course explicitly to prepare the -graduate for business and negotiatiohprbcedures for. any -of ifae several command economy systems which presently is, and in the foreseeable future well be, very much in the forefront of United States foreign policy. At a glance we are talking about more than half of the world's population, and especially the VSS.R. and the PJLC, both of which constitute the two largest nations of the world respectively.

To be sure, such countries know Americans very wen, i.e. they know well now to approach Americans commercially and otherwise. But are we being prepared for them in any reasonable way, to any reasonable extent? Countless noteworthy quotations and examples could be given to the contrary to illustrate the quite obvious fact that we are not! Americans (governmental and especially the private sector which we so rightfully heavily prize) is very frequently markedly misinformed,, un­ prepared and awkward.

I came here from the Far East to a most interesting of schools only to be profoundly disap­ pointed in the lack of preparedness and awakeness. Even in Taiwan, the American businessman often knows the country from the Huton Hotel

CONTINUED ON PACE 3

Editors. ............. Vickie Kludjion, Dovid C. Bornett••••--•••-•-•-••-.- Mortha Cook ............. Joyce Sarnotsky••••••••••-••••-- Cynthia McNeillAdverting Manager .................. MikeMoore

Photographers .......... Franco Molina, Bob BuurmanStaff .............. Gloria Trierweiler, Rocco Gattuso,

Robert C. English, David Henry, Teresa BehnertDAS TOR is an independent compos newspaper at the American Graduate School of International Management. Opinions expressedin this publication are not necessarily those of the Das Tor staff

Page 3: Oil & Rsheries As Vital Resources · Oil & Rsheries As Vital Resources by Nelson F. Ruiz As an Ecuadorian citizen, and a ... resources, recognizing the steady dwindling of supplies

BALL GAZING- iWS-MSltt-3

The 1976 EconomyWhat u thr mmomic forecast

lor IW iw Wilhum Peterson, AGSIM't John David Campbdl Itofmor of American Business. pxpr«m«J hi* thought* on this tepw recently in Sun City. He addr<r»»«d the Northwest Maricooa County Owpter of the United Nations Association on Saturday, October 25, at the Fountain Bell Restaurant

Or Peterson approached the subject by giving some background on car present economic situation. The present slump has been caused by the inflation recession cycle tfiat has plagued the U.S. in the last few years. In August, 1971. President Nixon launched wage/price controls to bring into line the "galloping" inflation of 3.8 percent. They un­ fortunately and obviously did not work, and the first three months of 1974 (just prior to the dropping of the controls) were haunted by an annual inflation rate of 14.4 percent. Dr. Peterson stressed that these types of controls do not, and never, have worked in the history of man. In the last 30 days, however, Iran, Canada, and Norway have all introduced controls of this nature and they will fail, according to Dr. Peterson.

The great swings that can take place economically wert highlighted; I5b RetersoB con­ trasted the inflation of 1974, then cited by President Ford as "public enemy number one," with the early 1975 Ford crusade to bring an end to the recession (which was then pointed to as the number one national priority). It was made all too dear that perceived economic problems change quickly. Dr. Peterson thinks this flip-flop will take place again before 1980.

The prospects for 1976, though, " arrvery *right> ban* rate* are

falling, employment is rising, prices are stabilizing, and fine stock market is gaining back its strength. Inflation will be relatively low until late in 1976. starting to rise somewhere after the Presidential election.

IThis prosperity will &e

worldwide, wjth the other in­ dustrialized nasons ecrnir^ ou: of ther stamps in concert wiA the L'5 Tte has been the first worldwide economjc cycle since the Great Depression, to the few the l".S. and taw been countercylical. with one economy being prosperous when the other was in the throes of a business downturn

Dr. Peterson reminded the audience that toe tremendous deficits that are bea^ created by Washington will bring about a depressionary downswing somewhere in the 1977-1980 period. These deficits will become harder and harder to manage in fiscal terns. Their financing win bring about high inte-est rates, a credit crunch, higher inflation and the scenario wiU again be painted for a recession

Other highlights included the worrying reference to the Economic Planning and Balanced Growth Act of 1975. sponsored by Senators Javits and Humphrey. This is a proposal in Congress, to establish a national board to guide and administer planning on a nation-wide basis. Since this approach has not worked well for other countries of the world, mere is no reason to bebeve that our bureaucracy will be- any more effective. This «QBOVS Dr. Peterson s opinion that government deregulation is essential to a healthy economy. He applauded President Ford's recent speeches on deregulation.

Dr. Peterson also indicated Oat be felt New York should be allowed to default. This would then reinforce the fact that the nation's cities cannot expect Washington to bail them out after fiscally irresponsible management prevails.

In the concluding question and answer segment. Dr. Peterson agreed that someone must protect the rights of the con­ sumer, but that U.S. govt. regulation has proven inef­ fective. His alternative would be for the court system to rule on these cases.

ASLC News<

Circumnavigatois To Award Travel FellowshipThe Foundation of the Cir­

cumnavigators Gub, an organi­ zation dedicated to advancing peace and understanding among men, has announced that a trip around the world win be awarded to a full-time, degree-seeking AGSIM student judged winner of an essay competition. The essays must be on a topic of in­ ternational significance, in­ dicating how such a trip would increase the writer's knowledge and capabilities. The purpose and reasons for the study tour as related to international under­ standing should be stated.

Previous topics have included: "The Law of the Seas," "Defense Security Agreements," and "Nationalism in Eastern Europe." Rick Stephan, a third semester student, won the award

white at Georgetown University. His topic was "The Rote of Youth in Foreign Economic and Political Systems."

The essays should be no more than 2,000 words, double spaced, and typed on 8'i"xll" paper. Included should be a cover letter stating why the contestant is interested in the award, a resume, a one page summary and a proposed itinerary.

Advise Gates Davison, Director of Public Affairs, of your intention to enter the competition. A briefing by Rick Stephen will be held.

The deadline for submission is February 1,1976. The award will be announced by April l, 1976. The trip must be taken during the calendar year 1976.

MORf ABOUT Lack Of TrainingCONTINUED FROM PAGE 2

window only: how much more so is this true of China?

How many Americans are trained and prepared for such an enterprise? A few multinational corporations are presently hiring linguistically - commercially prepared personnel for just such an enterprise especially in Europe and Japan. It is assuredly impossible to project Wall Street on to a command economy system. At least some first-rate course work should be provided both on the regular course level and on the seminar level. The faculty staff is available and the student interest is clearly present. What is needed is sup­ port from Thunderbird's

educational policy ami num me library re materials available.

Let's put it this way: of some two thousand (2,000) American colleges and universities, which one can boast of graduates trained and prepared at least in the rudiments, for example, to go into Peking and sit at a table of consultation of ten (10) to fifteen US) professional Chinese par­ ticipants varying from political cadres to government trading officials. engineers and technicians and end-users to work knowledgeably for negotiations for long term sales contracts'? Are we by training really competitive with Europe and Japan"1 Very truly yours.

BvronG.Larson

by Teresa Brawn Addressing the regular weekly

merting of the A S L f . Mr Art Franareb. «' Prantrred. Pray, Femer i Thompson. Inc . «**- pia:n<?d :h*> role erf his firm m professionally assessing the

of AGSIM as anand in creating an awareness of the school to outside sectors AGSIM has solicited the aid of ihs organization to advise the administration and the board of trustees toward increasing eapitt! support frora friwds on . the outside and cresting a per­ manent fund raising process from which proposed campus improvements can be financed Every aspect of the campus is investigated, and Mr. Frantzreb advised the council that everyone's opinion is of value when evaluating the institution

There has been a rash of ex­ cessive abuse of student health insurance privileges according to Judy Curtiss. Health Center Dn<ect0r, Mrs. Qirtiss has sent a mono to all students at AGSIM describing the problems, and it is hoped that in the future students wiH regard the rights to the use of the health center with a greater emphasis on the responsibility that goes with it. The council was also advised that student health

rales wdl bespuficantly n> August cl HC * student rrusttw and the costs of matprartsee insurance rates no the t" S

Fhil Lacy. Athktic Director of AGSIM gave a on the intramural seasons now underway or curmxly being planned In the works are jjolf and basketball competition as w«D as such diverse activities as the ping pang champtonslaps and a PUB Olympics, with com­ petition in football, darte, pool and perhaps even beer diu^ng. A new weight room has beet art up at the far end of the hangar and present goals of the athletic department are a women's exercise room, new ewetoe nuts and the purchase of a universal gym.

The legal counsel services have been very well receiwd among students at AGSIM As many as four students a day have b**n using the new service.

After lengthy discussion the council elected to maintain the status of the student book co-op as a privately run-rather than A.S.L.C. operated concession. At present, Ed Noonan it in charge of the service which serves as an exchange of old tacts at discount prices

Of import to the were ftvenl proposals of the International Students rtrjjsrasatxm. Due to tat fisur. col aid neckties offered I'S students over stwtete, »be I.S.O. bu tat A.&LC. approval of a proposal to first priority to foreign students for on campus jobs when the farrtgn studffii is tn competition far the }ob with aa American having the mmt financial ttfwfk. At US. Sawsfrom holding a sakritd or paytaf position off campus It is the ISO's hope that foreign students can therefore haw priority for on campus Job* additional cm be found to mwt ihr mete of ttwe students A.S.LC. voted to defer judgement until representatives have had uV opportunity to discuss (bt matter with their constituents.

Once the question of txtteished on ranipus was brought before the council TMs represents a major problem when dealing with the beslttt department, and stricter measures will soon b» «forctd to pit the dap under control and la compliance with Uw tow

Cost For AGSIM'S New CampusBeta «e UN atnuttd CMstractim cafe hr MW anpa it MSIM

<1000 •» H. •» (tod**** WtMM

fouf dBrmftofHi o< 34 »1JJOM) h BWdormMory -Ji UKMM« < *

fvmH^nyt hr dorm»ort«»

Endowment r*qww«d tor fckMnMnanc* and U"U*M*

FtmMihiei -500 i»r10.§00«>.tt •31 (incng 1^.1

10.000 i»*.y flKlwbig !••.)

(•wane* «l •ANng Faadfy t~kt.OOK). h -30N». txUMM 3.540 tq- h 17

Haifa UnionHX)OKltl'40

iKraMait SulMtog In Honaar Arag6000«j It -25

41000

ill MO

*1.*»JM

34S.MO

330,000

It* MOMi.no740,000

190,000

1MIM*

t,rr"M •Titoota

rj 14000.00- JOOO.Of

VOMV

KfcrMr a»,i^.i<

Roc TalksAs the semester continues on.

many students are facing the realization that they can't be students for the rest of their lives. Of course there are others, who, after seeing their mid-term grades, realize that they haven't even'started being students yet. For most students though, this is a time for thinking about a future, if for no other reason than to compensate for a lack of present Of course, at T-Bird, the word "future" is synonomous with "job."

Securing a job entails writing so many cover letters that the cost of stamps becomes your biggest weekly expense. After reading all of your rejection letters, in which every company replies... "We do not now, or wfll we ever have an opening that suits you. Good luck in your job search, you'll need it" ... you resort to other civilized processes such as bribery', coersion and blackmail in an attempt to get interviews.

Now. after you've finally gotten your big interview, whether it is for an important job with Con­ tinental Grain, a job in Encanto Park selling balloons, or an in­ ternational career in Australia as a shepherd, the interview is where you make or break your opportunities. Because of this, I have decided to make my con­ structive contribution to the plight of T-Birds K- giving a few

timely pointers on how to do well in an interview.

First of all, appearance is extremely important. Since most interviewers are looking for mat dean-cut but fashionable, suave, bon vivant of the world, you should get a haircut. Or, if you're a guy with a beard that you've had since the age of four, it's a pretty good idea to shave it off. If you're a girl with a beard^it's an even better idea. What you wear is also very important. If you want to show the interviewer that you're a classy, refined person, but with the courage of your convictions, your best bet would be to wear a double-knit, plaid, leisure suit, easily purchasable at K-Mart for $13.95. The last step in this process of first impressions is the handshake. Not knowing if youll be greeted by an in­ terviewer with a wet. clammy handshake, a limp fish hand­ shake, or an iron-vice handshake, you should just wrap up your right hand in a bandage and let the interviewer worry about it.

As to the interview itself, the best way I can explain how to sound good is by giving an example of a typical interview with some foolproof answers to commonly asked questions:

Int: Tell me. why did you decide to attend A.G.S.I.M.?

You: Well, I'm into abuse,Int: That's very interesting.

Now. about yourself... What are your finer assets'1

You: Most of all, I'd like to think I have a very creative mind.

M: How about giving me a sample of your creativity?

You: Wen, uhhh ... uhhh...bt: Hey, that's pretty quick

thinking. What else can you do?You: Other than my obvious

expertise in the fields of finance, marketing and management, I'm one hell of a tap dancer.

ml: Excellent, just what we need. What's the one thing you got from T-Bird mat you couldn't have gotten at any other school

You: Free Parking!M: Amazing, I didn't realfc

the school had such high stai dards. Over the years, many Bird grads have gone OB to b quite successful. How do you f« you'll fit into this pattern?

You: Like a white guy singinj for the Temptations.

int: Where do you see yourself ten years from now?

You: I see myself as the number onepenon?

Int: You mean as bead of .a company?

You: No, in an unemployment line.

bit: You sound like just the person we need. Of course, everyone in our company starts off selling for twelve years in Cedar Rapids, Iowa. And we pay each trainee exactly what they are worth.

You: I'm sorry, but IH have to turn down your lucrative offer because no man could live on mat salary.

Wdl. with advise like this, you can turn any interview into the stepping stone of your career.

Page 4: Oil & Rsheries As Vital Resources · Oil & Rsheries As Vital Resources by Nelson F. Ruiz As an Ecuadorian citizen, and a ... resources, recognizing the steady dwindling of supplies

4-MSTOR-Nwefflb«r4,1975MOBf ABOUT

CONTINUED F»OM P AGt 1dreaded "Delhi Belly" in Kash­ mir and after taking aH the standard medications without results, I was finally cured by Muslim prayers offered up by our host, Hadji Butt. You roust also remember that it DIDNT rain for those two important parties. So, even if it did cost five doflars.

Eggs To Santa Clarawasn't it worth every peony?

"That's all very good feminine logic," mimbled my husband. "But. would you please tell me how I'm going to explain this item to the home office when I submit my expense report'"

Else BakerManila

December 1969

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If you can't buypeace of mind,

borrow it

Like it or not. security is what buys most people .peace of mind. Protection forthe family. Savings. Additional income.

And that's what life insurance can give you. Trouble is. most students don't have money to buy it.

With our Student Premium Financing Plan. you can take out a policy before you can afford the full premium. We advance the cash you need at 6% interest and you have three years to meet the maturity date. It's that easy.

I'm on campus Nov. 9th to 14th; let's talk about life insurance and peace of mind. Yours.

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Home WKO 4*0' Market St, Prut* , Pa 19101 Ptsvsdoi Manaaenw!! Company

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CLUB NOTESMarketing Club QubOn Tuesday, Nov. 18, 1375. at

7:30 p.m. the Marketing dub will be sponsoring a Symposium on the Marketing of Travel Services. The theme of the symposium

with the impact of inflation on Ae marketing of travel ser­ vices and the prospect of trans­ portation for the next 20 years. For speakers from the areas of strface trawl, air travel. U.S. govt. regulatory agencies, and the international commerce grotf) will address the sym­ posium. It is the hope of the Marketing dub that all T-Krds win actively participate in what promises to be an enlightening evening.

Once again, T-Bird's French Gob gets the headline of the local news. After welcoming Dr.

Eiger, on the 15th. the had the pleasure of hosting

His Excellency Claude Prosniff. Consul of France in Arizona. A French dinner preceded the Consul's address about Trade be­ tween Arizona and France. Mr. Prosner is manager of the European Operations Support at Motorola. Thirty-two people attended this event.

Other non-scheduled events included a rehearsal of French popular student's songs and French drinking songs. This evening was also honored by the

of Mr. Richard Neifle, President of the French Affiance, and of Dr. Robert Dequeiae. of the French Department at AGSIM.

Buy A BalloonistReserve this Friday. November 7th. Come, have drinks and

dinner with Arizona AGSIM Alumni, Friends of Thunderbird, fellow students and our honored balloonists. Time: 6-7:30 p.m., no-host bar in the Thunderbird Room; 7:30 pjn., ctosed- cafeteria (inner. Price: mean free on meal ticket; $5,00 off- campus students.

Gary Robison of the AJumni Office wiD be your friendly bartender. Rod Taylor will "sell "the balloonist teams through a Calcutta. and Jim Crosson has promised us a special menu.

Watch the news spots on television and Maggie Wilson's tocal newspaper for further publicity on the Thunderbird Invitational BaDoon Race.

Woman's ClubThe Thunderbird Women's

Club met on Monday, October a>» for their first official meeting. Dr. William Peterson spoke to the ^roup of IS regarding jobs abroad and answered several questions. A brief business meeting followed Dr. Peterson's talk. Officers were introduced as follows: Mary Votruba, President; Diana Lons- bury. Secretary; and Linda Sorgi, Treasurer. It was decided to invite speakers or panels for each of the bi-monthly meetings. The women were urged to sign up on club committees, and projects such as the Balloon Race booth were discussed.

The next meeting of the TWC will be Monday, November 3. A panel of Liiy Parshall, Dorothy Leuba and Ethel Marks will discuss living abroad. Check November 3rd's TATTLER for the time and place. All Thun­ derbird women (wives, students, faculty, staff) are welcome!

Das Tor needs A Complete Staff For Spring, 1975

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MEXICAN FOOD if •

*33,500,000UnclaimedScholarshipsOver $33,500,000 unclaimed scholarships, grants, aids, and fellowships ranging from S50 to S10,000. Current list of these sources researched and compiled as of Sept. 15,1975.

UNCLAIMED SCHOLARSHIPS11275 Massachusetts Ave.. Los Angeles, CA 90025

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