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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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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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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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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question 1 A- M y idea is about a new automatic distributor “pizzaly” by italia pizza service is finally ready. pizzaly is a new system in automatic distribution entirely “made in Italy “which allows you to serve a hot and crispy pizza in 2 and a half minutes. It has an incorporated freezer that contains 104 precooked pizzas (4 different types : pepperoni‚ four cheese‚ Lebanese‚ chicken each 250mm‚ 9.84inch) which are kept frozen .once you have chosen
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Running Head: EFFECTIVE MANAGEMENT The Innovative Leader: Skills for Effective Management Tiffany Anderson Submitted to Dr. Liz Lentz-Hees In Partial Fulfillment of the Requirement for WED 398 Special Problems Southern Illinois University Kirtland AFB‚ New Mexico August 17‚ 2004 Abstract It is understood that management‚ which is defined as the act‚ manner‚ or practice of managing‚ handling‚ supervision‚ or control directly affects almost every aspect of the workplace (American
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Introduction Nowadays‚ innovative is an essential advantage in this dog-eat-dog market for every organization. Innovative can be everything that is new and not exist in current market‚ however in order to fulfill the gap in this demanding market‚ organizations must be very innovative to come out with new products and services. Organizations nowadays are recruiting employees who are creative and innovative because they are person who have sensitive antenna to sense and observe what the people want
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