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widget
symbolic American gadget, used wherever a hypothetical product is needed to illustrate a manufacturing or selling concept.
Dictionary of Business Terms ...
WIDGET
An hypothetical product name used as an example during explanation of accounting, finance or economic theory. The symbolic American gadget.
LOSS LEADER ...
Widget
Economists often use the term widget to refer to an abstract unit of production. Factories produce widgets using capital and labor.
The widget then streams information from the eToro virtual sales person program, which enables it to deliver appropriate responses to the visitors' queries.
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WIDGET: A fictitious good commonly used by economic instructors to demonstrate economic principles or undertake hypothetical analyses.
Widget 7932, bought 7/1/01, $50.20; sold
12/15/01
Although modern computer-based inventory control systems could allow you to track each widget, the IRS doesn't require it. Instead, you can usually choose one of two identification methods.
widget Widget: A hypothetical product used to explain a more complex business concept.... widow-and-orphan stock A secure, stable stock in a non-cyclical industry, usually yielding large dividends.
Suppose both individual A and individual B are able to produce two valuable goods called "widgets" and "whatsits." For Mr. A, producing one widget requires ten hours of labor and producing one whatsit requires thirty hours of labor. For Mr.
Put simply, if the widget market is $100 million annually and Acme Inc. sells $25 million in widgets, its market share is 25%.
In this case, the higher price would not cause domestic production to increase from QS1 to QS2, since it has already been assumed in our example that Japan produces the same amount of widgets for price Ptariff as the world economy does for price ...
If, for example, there are 100 widgets sold in a country and company A sells 43 of them, then company A has a 43% market share. You can also calculate market share using revenue instead of units sold.
Bertrand game: Model of a bidding war between firms each of which can offer to sell a certain good (say, widgets), but no other firms can. Each firm may choose a price to sell widgets at, and must then supply as many as are demanded.
For example, at December 31 you ship a customer 100 widgets. You have to record the income in that year, even though you won't get paid until the following year.
Do they call it a widget or a gizmo? Take notes.
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Subscribe to newsletters that target your audience. If "WSP" is
a buzzword in your industry, you'd better find out what it means.
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Attend conferences & trade shows whenever possible.
Please transfer payment to Acme Widgets Co. Ltd, Clark's Bank, 88 Acacia Avenue, London SE36 1XP, account number 03689043, sort code 20-31-82.
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The number of shares you will be offered will depend on the number of shares you already hold and the terms of the offer. For example, if you hold 2000 shares in Widget Corporation of London and an offer is being made on a one for two basis, ...
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For example, a competitive advantage created by a hot new technology usually isn't very sustainable, because it won't be too long until someone comes along and invents a better widget.
What type of profit expectations are there?
What is maximum profit expected?
When will profit occur?
Is it reasonable to expect any profit will result?
How many 'widgets' must be sold in order to obtain a profit?
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