Innovative Widgets Innovative Widgets is small firm with about 50 employees. The firm provides widgets‚ which serve as components for machinery used by companies across industries. Innovative Widgets is a very customer centric company. Since it is small company with a specific focus on providing components‚ it needs to pay attention to the requirements of its customers. Their business model relies heavily in loyal customers‚ which lead repeat purchases over time. To achieve this‚ the company has
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Executive Summary In this case we analyst whether Timken should acquire Torrington company from Ingersoll-Rand by cash‚ issuing share to public or issuing share directly to IR. IR wanted to divest Torrington and Timken aim to acquire it. After merging with Torrington Timken will be world third largest company in bearing industry and Timken would gain more sales as Timken and Torrington has about 80% of overlapped customer. Moreover after the synergy they can reduces cost‚ increase market shares and
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refers to creating more effective processes‚ products and ideas. Innovation is crucial to the continuing success of any organisation. Businesses that can innovate create more efficient work process and have better productivity and performance. Being innovative doesn’t mean inventing new product or services. Changing business model and adapting to changing environment to give better services is also innovation. Innovation acts as the catalyst for economic growth as the development of new technology has
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Customer Service Plan Who is Innovative Widgets Innovative Widgets is the leading producer of widgets in Australia. Established in 1980‚ widgets are used as components for a wide variety of domestic and industrial machinery. We produce widgets that are functional‚ well designed and manufactured to the highest quality standards. Customers across Australia look to us to provide high quality products at competitive prices. A family owned company; we operate from one main factory which include several
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Marketing Technology Analysis Overview of the Product/Service/Technology Instagram is a program that designed for social networking and photo sharing‚ which was launched in 10th 2010. Till April 2012‚ there were over 30 million registered users on instagram (Galle‚ 2012). In early 2012‚ Facebook bought instagram for one billion dollars‚ which has made Instagram a hot topic. What’s more‚ famous B2C brands such as Starbucks and MTV dominant on Instagram currently‚ and 25% of the brands are posting
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Engineering Materials Week 2 3.1 What is the difference between atomic structure and crystal structure? Atomic structure relates to the number of protons and neutrons in the nucleus of an atom. Crystal structure pertains to the arrangement of atoms in the crystalline solid material. 3.9 Calculate the radius of a tantalum atom‚ given that Ta has an BCC crystal structure‚ a density of 16.6 g/cm^3‚ and an atomic weight of 180.9 g/mol. For BCC n=2 atoms/unit cell 3.47 Below are shown three different
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Case Study 2: Facquier Gas Company TLMT313: Supply Chain Management XXXX xxxx The case study link is provided below for the Case Study 2 Facquier Gas Company. Read and study the case and complete the questions at the end of the study. Use the case study outline below to assist you with your analysis. Questions should be answered using case study format. Ensure that you adequately explain the problem‚ describe alternative solutions and justify your recommendation. This exercise should
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Presentation‚ structure (0-5) Total deduction (0-20) Marks 100 Student’s Total Mark (total marks – total deductions) Notes on plagiarism: A. According to the Arab Open University By-laws‚ “the following acts represent cases of cheating and Plagiarism: Verbatim copying of printed material and submitting them as part of TMAs without proper academic acknowledgement and documentation. Verbatim copying of material from the Internet‚ including tables and graphics. Copying
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Introduction Engineering Inspection & Insurance Company (EIIC) was founded in 1952 by Warren Rodman. Before 1990‚ they was a small but highly successful company that offers machinery and insurance services. After years of above average growth and profits‚ they are moving backward from the industry average‚ policy delivery times are excessive and morale is low. They need to change their current strategy as it is no longer effective. The issues they are facing is not only internal but also face
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Innovative Toys Inc. Case Analysis Innovative Toy is entering the infant toy market by distributing through supermarkets. It is important to analyze if our potential supermarket channel‚ Big Tiger‚ and Innovative Toys can find a place where there is a win-win situation and where both companies are pursuing the same objectives. It is important to analyze the pros and cons of spending the marketing budget on trade promotion or advertising. It is important to note that the success of Innovative toys
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