Tuesday, November 29, 2011

SAP game

I came in the second week of the game. I believe i was on team q or g but im not sure which one. We ended up ranking fourth to last for rounds 2 and 3 of the game. The strategy in place was to sell basic water at an extremely low price, and thus profit ratio. Wal mart practices this type of, high volume low profit ratio, business style. Unfortunately I believe the prices set were to low. basic Economic principle teaches that if demand is greater than available supply the price must rise, moving closer to the equilibrium price. We continually sold out of water and had to wait days without inventory to sell. We could have combated this by adjusting prices higher. We also had a surplus of many products that seemed to not sell at all. By lowering the price steadily throughout each round we could have maximized profits and ultimately ended up with little to no inventory at the end. I learned that participating in business scenario games is both fun and educational. I also learned that I do not want to be an accountant.
This tent is innovative because it greatly reduces the assembly time. this  gives the user the option of traveling longer, knowing that less time is required for assembly.

Tuesday, November 8, 2011

Apple

ApPle had every legal right to fire the employee. The article states that appple informs employees "Critical remarks about the brand, were strictly prohibiED". Because Apple includes this term in their employee contract the employee has no right to challenge their decision. While some people might call that unethical on Apples part it is simply environment of modern day business. People should know that anything they post online can be used against them whether positive or negative.