What does plunge in technology spending mean

Assignment Help Other Subject

Reference no: EM131869611

Question: "In early 2001, the global IT business slowdown and the dotcom bust altered the situation. Reportedly, Cisco failed to foresee the changing trends in the industry and by mid 2001 had to cope with the problems of excess inventory. As a result, the company had to write off inventory worth $ 2.2 billion in May 2001. Cisco blamed the problems on the 'plunge in technology spending', which Chambers called as unforeseeable as 'a 100-year flood.' Company sources revealed that if its forecasters had been able to see the downturn, the supply chain system would have worked perfectly."

What does 'plunge in technology spending' mean?

Reference no: EM131869611

Questions Cloud

Advantages to employees of a person-focused pay program : Analyze the advantages to employees and to employers of a person-focused pay program to determine if this would be a good approach for all companies.

Calculate the cost of each capital component : Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method.

What are the decision variables : Eastern Alabama Trust invests in various types of securities. They have $5 million for immediate investment and wish to maximize interest earned over the next.

What effect do creators of the video wish to have on viewer : What effect do the creators of this video wish to have on the viewer? In other words, what is the video's purpose? Who do you think is the intended audience?

What does plunge in technology spending mean : "In early 2001, the global IT business slowdown and the dotcom bust altered the situation. Reportedly, Cisco failed to foresee the changing trends.

Calculate the project irr using the excel npv function : Calculate the project IRR, using the Excel NPV function (write the function on your submitted spreadsheet)

Which supplier should win the business : Dusty is evaluating three bids to supply fence hardware for the 5 acres of pasture that need to be fenced. Breezy submits a bid of $40 per unit with a defect.

Which production level is best : In December, pizza crust orders (from retailers) increases. You service 200 retailers, and during this time there is a 60% chance that any one retailer.

Forecast what the exchange rate will be for each currency : Forecast what the exchange rate will be for each currency on March 20,and April 20, 2018.

User Account

All Pages