Widgets

called Susie to place an order for 1000 widgets at $10.00 each. Brandy told Susie to manufacture 250 red widgets, 250 blue widgets, 250 yellow widgets, and 250 green widgets. Delivery was set for September 1st. On August 20th, Susie informed Brandy that half the order would not be ready in time for the September 1st delivery. Brandy frantically sought, and found another manufacturer who could fill the remaining order in time. However, the price was $12.00 each widget. With no other options,…

operation functions, such as allowing companies to build applications specific for Widget Company. Included will detail Platform as a Service (PaaS) to help the Widget Company with back supply chain operations support and will detailed part of the implementation of SOA and PaaS services. The three companies; Apprenda, RedHat and VMWare all will detail how it will help with supply chain functions. This is a new venture for a Widget Company and to have online architecture to help with many IT…

whereas business transactions are conducted directly with customers in the business-to-customer (or consumer) model (Kumar & Raheja, 2012, p. 1). For example, in B2B, a manufacturer of widgets might sell them to a retail chain who in turn sells them to its customers. The retail chain will order a large supply of widgets to guarantee…

and a good friend of Gary) whether he should invest his inheritance in widget Ltd so Zain told Gary that according to him Widget is a good investment. Gary then invest his $60000 in the company however in a week, Widget Ltd went into liquidation and Gary losses all of his inheritance. Gary found that when he purchased the shares, the financial position of the company was not so good which was known by many accountants. As Widget Ltd was in trouble has…

the cost of manufacturing raw materials has increased 200% with your old supplier and you need a new one. Your widgets have been selling, approximately, 12 million widgets per year; but recently got purchase order of 8 million and a guarantee for a minimum of 13 million widgets over the next two years; from a large retailer. The purchase order is $7.34, the cost of manufacturing the widgets $6.22, and you’ve been selling them for $9.18. Doing business with a large retailer will let your business…

was Juniper, which wanted to enhance a current widget that was being offered by Piper Industries. The risk of completion for Juniper was low, which is not very promising and unfamiliar. Juniper would be expected to be on the market within 6 months at a cost of $325,000, but only have a return of investment (ROI) of $250,000 for only 2 to 3 years. Juniper is only expected to last for three years. Another proposal, Stargazer was recommended,…

need to purchase products, services, etc. This enhanced purchasing position allows companies to create more products/product lines and offer more services to meet the demand. This is simple economics. If you create a widget and no one can afford to purchase the widget, the widget need not exist. Consider a great American icon; Henry Ford’s doubling his minimum wage from $2.30 per day to $5 per day, recognizing that industry has a responsibility to keep wages high and prices low. His increase…

price goes down typically the product demand goes up. This does not necessarily work. Lets use a hypothetical country that every citizen makes a widget, that is the countries sole product. The neighboring country has a lower minimum wage and there is no extra cost to import that widget into the home country. The boss of the company decides to move the widget production to the neighbor and says it’s a cost saving measure. While he does save money in the short run by doing this every person in the…

system, worry not as Apple has it recall switch which is the App Store. Furthermore, it is simpler for Apple Inc. to distribute the latest update to their customers (Snelling, 2018). On the other hand, the disadvantage is limited customization and widgets. Apple Inc. thinks they know the preference of the customers so they do not offer choices for customers to choose as compared to Samsung (Piltch, 2017). Hence, Samsung’s operating…

value to your growth as a person and the growth of your business. This post offers some tips on mentor selection. Always choose a mentor with a reasonably compatible background. Note the word ‘reasonably’. If you are selling left-handed widgets, a right-handed widget seller can still give you advice to grow your skill base. Spend some time with this mentor – essentially you are ‘feeling them out’. Most paid ‘mentor services’ will offer a ‘try before you buy’ deal. So, if after one or two…