Australian Politics Forum - 19/20 pieces of Birthday cake given to one child

Equitist Gold Member Offline Australian Politics Posts: 9632 NSW	Re: 19/20 pieces of Birthday cake given to one child Reply #60 - Nov 5^th, 2011 at 7:50pm Turn to ABC24 now...
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hawil

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Re: 19/20 pieces of Birthday cake given to one child
Reply #61 - Nov 5^th, 2011 at 8:08pm

longweekend58 wrote on Nov 4^th, 2011 at 7:30pm:

hawil wrote on Nov 4^th, 2011 at 7:22pm:

longweekend58 wrote on Nov 3^rd, 2011 at 9:37pm:

Equitist wrote on Nov 3^rd, 2011 at 8:44pm:

Sounds preposterous, doesn't it - and yet most of us seem willing to tolerate this same type of situation in our day to day lives - at work, in the community and in the world!?

Here's a scenario I would ask everyone to consider...

If you held a birthday party for your 7 year old son or daughter and invited 19 guests: would you allow your child to take 19 out of 20 equal-sized pieces of that cake for themselves, thereby leaving a final 1/20th for the remaining 19 children to share!?

I would hope that you would denounce such a scenario as totally unfair and unreasonable - not to mention that it would be teaching the child selfish and anti-social attitudes.

So, I now ask you to answer this question honestly: at what age would you start teaching that same child that it is OK for the top 5% of individuals to control hoard 95% of the nation's (or world's) resources!?

I am especially keen to hear from the Xtians amongst us!

PS This thread was prompted by a thread discussing the Occupy 99% Protests elsewhere: http://www.ozpolitic.com/forum/YaBB.pl?num=1317806183/180#184

your scenario is stupid because you arent really talking about equality at all - only equality of reward, not equality of effort or equality of sacrifice. And all the time you crap on about this, the people with the 19/20 of the cake that you contribute nothing towards happily give large amounts back to you for no reward only to have you spit in their face for the gesture. You constantly complain about everyone elses share and never ask the real question.

HOW BIG IS THE CAKE? yes its a question no one ever asks.

Let me help. Because of the efforts of relatively few, the size of the 'cake' is around 100 times what it was a mere 50 years ago. And you get a larger proportion now than you used to as well.
So not only do you get a larger PORTION of the cake the amount you get is vastly more than it used to.

The only difference is that people didnt used to complain about it. Now they do. They want more... for less effort.

You are just greedy.

You state, that because of the efforts of the relatively few, the cake is now much bigger.
It is more like the efforts of the many, but most of the cake is taken by the relatively few.
Can 5% who hold most of the wealth produce a large cake? I doubt it.
The only way the 5% could grab such a big slice of the cake is, by getting between the producer of the cake and the consumer of the cake, and in the end, the few keep most of the cake.
As written in the book "Animal Farm, the hardest working horse, does not get get the most hay, and in the end it finishes in knackery; that is fairnes and equality for you.

And in today's lesson we learn that beleifs dont fashion reality. Beliveing it to be true does not MAke it true. the cake is massively bigger than it used to be and is so mainly by the efforts of the minority.

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who will prosper, yet he/she does do not put more effort in.

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« Last Edit: Nov 5^th, 2011 at 8:24pm by hawil »

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qikvtec

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Re: 19/20 pieces of Birthday cake given to one child
Reply #62 - Nov 5^th, 2011 at 8:56pm

hawil wrote on Nov 5^th, 2011 at 8:08pm:

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who willl prosper, yet he/she does do not put more effort in.

Are you serious?

I have a cake, you the cake supplier charge me $25 for it, we've established a market at $8 a slice. We decide to test the market by adding a dollop of whipped cream and a few berries to the cake and discover the market is prepared to pay $9 a slice. The cake has 22 slices and the cost of the additional berries and whipped cream is $1/slice. So the product cost is $47 and income earned to me $198.

Through hard work, great customer service, marketing, appropriate capital allocation and cash flow management I build the business to the point I'm selling 50 cakes a week. Another local bakery wants a slice of the business (pun intended) and approaches me to purchase their cakes for $23, and to sweeten the deal (pun intended) adds a chocolate ganache and individually slices each cake prior to delivery. As an upside, the customer is now prepared to pay $10 per slice since it has the lovely ganache.

So now I've got reduced cost and increase profit, the cake costs me $45 and income earned to me $220

Out of loyalty to you, my original supplier, I offer you the opportunity to match the new suppliers offering, but in order to do so you need to update your ovens and buy a new mixer, so instead of biting the bullet and investing in your business you give me a cock and bull story explaining your position and decide to get "tough". Unfortunately through your own complacency you've relied heavily on my business and haven't bothered to obtain any new business since you're comfortable with your lot in life. Unfortunately you have no business as of next week and due to your tough stance decide that you will not compete against the new bakery in town and stay "tough" on your offering. You go out of business and blame me for your failure.

My customers suggest they would really enjoy a coffee to go with their cake, so I invest in the machinery and installation. Cups of coffee cost me 30c
and my customers are prepared to pay $3.00. They're pretty popular coffees and 90% of my customers order a coffee and cake.

After working hard I decide I'd like to have a couple of days off so give a couple of juniors a job on the weekend putting the cake in containers and making coffees.

The employees both join the union and demand, since they are putting in 2/7's of the labour, they are entitled 2/7's of the profit, yet take no risk or invest no capital.

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« Last Edit: Nov 5^th, 2011 at 9:14pm by qikvtec »

Politicians and Nappies need to be changed often and for the same reason.

One trouble with political jokes is that they often get elected.

Alan Joyce for PM

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longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Re: 19/20 pieces of Birthday cake given to one child Reply #63 - Nov 6^th, 2011 at 6:55am freediver wrote on Nov 5^th, 2011 at 7:47pm: Greed is the fuel of capitalism. not true. It certainly is for some but for the majority it is the drive to succeed and to do better.
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freediver Gold Member Offline www.ozpolitic.com Posts: 49458 At my desk.	Re: 19/20 pieces of Birthday cake given to one child Reply #64 - Nov 6^th, 2011 at 7:59am The majority of people are not driven, except by greed. They do the daily grind for the money. Even those who are driven by more would end up doing a lot less work if their salary was not linked to productivity or performance. That's why economics is called the dismal science.
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The_Barnacle

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Re: 19/20 pieces of Birthday cake given to one child
Reply #65 - Nov 6^th, 2011 at 10:03am

longweekend58 wrote on Nov 6^th, 2011 at 6:55am:

freediver wrote on Nov 5^th, 2011 at 7:47pm:

Greed is the fuel of capitalism.

not true. It certainly is for some but for the majority it is the drive to succeed and to do better.

LOL what planet do you live on Longy?

Are you seriously trying to suggest that the majority arn't interested in money but are just trying to better themselves?

It does seem to be a common theme here though. That those with money see themselves as morally superior and to have a right of entitlement. It seems the class system is making a comeback.

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...

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Re: 19/20 pieces of Birthday cake given to one child
Reply #66 - Nov 6^th, 2011 at 11:25am

The_Barnacle wrote on Nov 6^th, 2011 at 10:03am:

longweekend58 wrote on Nov 6^th, 2011 at 6:55am:

freediver wrote on Nov 5^th, 2011 at 7:47pm:

Greed is the fuel of capitalism.

not true. It certainly is for some but for the majority it is the drive to succeed and to do better.

LOL what planet do you live on Longy?

Are you seriously trying to suggest that the majority arn't interested in money but are just trying to better themselves?

It does seem to be a common theme here though. That those with money see themselves as morally superior and to have a right of entitlement. It seems the class system is making a comeback.

"those with money" aren't the ones making a song and dance about how others should see themselves and what their motivation may be.
This nebulous "they' are also not the ones crying that they don't get as much as they think they deserve ie what they believe they are entitled to. It seems to me that you project your own failings onto "those with money"

How do you know who even has money here? How much money does one need to have before they display this moral superiority? Does it go by income or accumulated assets? Liquid assets only? Do lotto winners suddenly start displaying this effect when they collect their winnings?

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In the fullness of time...

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hawil

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Re: 19/20 pieces of Birthday cake given to one child
Reply #67 - Nov 6^th, 2011 at 1:57pm

qikvtec wrote on Nov 5^th, 2011 at 8:56pm:

hawil wrote on Nov 5^th, 2011 at 8:08pm:

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who willl prosper, yet he/she does do not put more effort in.

Are you serious?

I have a cake, you the cake supplier charge me $25 for it, we've established a market at $8 a slice. We decide to test the market by adding a dollop of whipped cream and a few berries to the cake and discover the market is prepared to pay $9 a slice. The cake has 22 slices and the cost of the additional berries and whipped cream is $1/slice. So the product cost is $47 and income earned to me $198.

Through hard work, great customer service, marketing, appropriate capital allocation and cash flow management I build the business to the point I'm selling 50 cakes a week. Another local bakery wants a slice of the business (pun intended) and approaches me to purchase their cakes for $23, and to sweeten the deal (pun intended) adds a chocolate ganache and individually slices each cake prior to delivery. As an upside, the customer is now prepared to pay $10 per slice since it has the lovely ganache.

So now I've got reduced cost and increase profit, the cake costs me $45 and income earned to me $220

Out of loyalty to you, my original supplier, I offer you the opportunity to match the new suppliers offering, but in order to do so you need to update your ovens and buy a new mixer, so instead of biting the bullet and investing in your business you give me a cock and bull story explaining your position and decide to get "tough". Unfortunately through your own complacency you've relied heavily on my business and haven't bothered to obtain any new business since you're comfortable with your lot in life. Unfortunately you have no business as of next week and due to your tough stance decide that you will not compete against the new bakery in town and stay "tough" on your offering. You go out of business and blame me for your failure.

My customers suggest they would really enjoy a coffee to go with their cake, so I invest in the machinery and installation. Cups of coffee cost me 30c
and my customers are prepared to pay $3.00. They're pretty popular coffees and 90% of my customers order a coffee and cake.

After working hard I decide I'd like to have a couple of days off so give a couple of juniors a job on the weekend putting the cake in containers and making coffees.

The employees both join the union and demand, since they are putting in 2/7's of the labour, they are entitled 2/7's of the profit, yet take no risk or invest no capital.

Yes I,am serious; who are you trying to confuse with your gobbledegook?

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qikvtec

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Re: 19/20 pieces of Birthday cake given to one child
Reply #68 - Nov 6^th, 2011 at 2:00pm

hawil wrote on Nov 6^th, 2011 at 1:57pm:

qikvtec wrote on Nov 5^th, 2011 at 8:56pm:

hawil wrote on Nov 5^th, 2011 at 8:08pm:

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who willl prosper, yet he/she does do not put more effort in.

Are you serious?

I have a cake, you the cake supplier charge me $25 for it, we've established a market at $8 a slice. We decide to test the market by adding a dollop of whipped cream and a few berries to the cake and discover the market is prepared to pay $9 a slice. The cake has 22 slices and the cost of the additional berries and whipped cream is $1/slice. So the product cost is $47 and income earned to me $198.

Through hard work, great customer service, marketing, appropriate capital allocation and cash flow management I build the business to the point I'm selling 50 cakes a week. Another local bakery wants a slice of the business (pun intended) and approaches me to purchase their cakes for $23, and to sweeten the deal (pun intended) adds a chocolate ganache and individually slices each cake prior to delivery. As an upside, the customer is now prepared to pay $10 per slice since it has the lovely ganache.

So now I've got reduced cost and increase profit, the cake costs me $45 and income earned to me $220

Out of loyalty to you, my original supplier, I offer you the opportunity to match the new suppliers offering, but in order to do so you need to update your ovens and buy a new mixer, so instead of biting the bullet and investing in your business you give me a cock and bull story explaining your position and decide to get "tough". Unfortunately through your own complacency you've relied heavily on my business and haven't bothered to obtain any new business since you're comfortable with your lot in life. Unfortunately you have no business as of next week and due to your tough stance decide that you will not compete against the new bakery in town and stay "tough" on your offering. You go out of business and blame me for your failure.

My customers suggest they would really enjoy a coffee to go with their cake, so I invest in the machinery and installation. Cups of coffee cost me 30c
and my customers are prepared to pay $3.00. They're pretty popular coffees and 90% of my customers order a coffee and cake.

After working hard I decide I'd like to have a couple of days off so give a couple of juniors a job on the weekend putting the cake in containers and making coffees.

The employees both join the union and demand, since they are putting in 2/7's of the labour, they are entitled 2/7's of the profit, yet take no risk or invest no capital.

Yes I,am serious; who are you trying to confuse with your gobbledegook?

Which part of it do you not understand? I'm afraid I can't make it appear slowly for you on your screen so you might have to read it a couple of times.

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Politicians and Nappies need to be changed often and for the same reason.

One trouble with political jokes is that they often get elected.

Alan Joyce for PM

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Annie Anthrax

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Re: 19/20 pieces of Birthday cake given to one child
Reply #69 - Nov 6^th, 2011 at 2:02pm

qikvtec wrote on Nov 5^th, 2011 at 8:56pm:

hawil wrote on Nov 5^th, 2011 at 8:08pm:

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who willl prosper, yet he/she does do not put more effort in.

Are you serious?

I have a cake, you the cake supplier charge me $25 for it, we've established a market at $8 a slice. We decide to test the market by adding a dollop of whipped cream and a few berries to the cake and discover the market is prepared to pay $9 a slice. The cake has 22 slices and the cost of the additional berries and whipped cream is $1/slice. So the product cost is $47 and income earned to me $198.

Through hard work, great customer service, marketing, appropriate capital allocation and cash flow management I build the business to the point I'm selling 50 cakes a week. Another local bakery wants a slice of the business (pun intended) and approaches me to purchase their cakes for $23, and to sweeten the deal (pun intended) adds a chocolate ganache and individually slices each cake prior to delivery. As an upside, the customer is now prepared to pay $10 per slice since it has the lovely ganache.

So now I've got reduced cost and increase profit, the cake costs me $45 and income earned to me $220

Out of loyalty to you, my original supplier, I offer you the opportunity to match the new suppliers offering, but in order to do so you need to update your ovens and buy a new mixer, so instead of biting the bullet and investing in your business you give me a cock and bull story explaining your position and decide to get "tough". Unfortunately through your own complacency you've relied heavily on my business and haven't bothered to obtain any new business since you're comfortable with your lot in life. Unfortunately you have no business as of next week and due to your tough stance decide that you will not compete against the new bakery in town and stay "tough" on your offering. You go out of business and blame me for your failure.

My customers suggest they would really enjoy a coffee to go with their cake, so I invest in the machinery and installation. Cups of coffee cost me 30c
and my customers are prepared to pay $3.00. They're pretty popular coffees and 90% of my customers order a coffee and cake.

After working hard I decide I'd like to have a couple of days off so give a couple of juniors a job on the weekend putting the cake in containers and making coffees.

The employees both join the union and demand, since they are putting in 2/7's of the labour, they are entitled 2/7's of the profit, yet take no risk or invest no capital.

Great post.

(But now I'm craving cake)

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qikvtec

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Re: 19/20 pieces of Birthday cake given to one child
Reply #70 - Nov 6^th, 2011 at 2:08pm

Annie Anthrax wrote on Nov 6^th, 2011 at 2:02pm:

qikvtec wrote on Nov 5^th, 2011 at 8:56pm:

hawil wrote on Nov 5^th, 2011 at 8:08pm:

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who willl prosper, yet he/she does do not put more effort in.

Are you serious?

I have a cake, you the cake supplier charge me $25 for it, we've established a market at $8 a slice. We decide to test the market by adding a dollop of whipped cream and a few berries to the cake and discover the market is prepared to pay $9 a slice. The cake has 22 slices and the cost of the additional berries and whipped cream is $1/slice. So the product cost is $47 and income earned to me $198.

Through hard work, great customer service, marketing, appropriate capital allocation and cash flow management I build the business to the point I'm selling 50 cakes a week. Another local bakery wants a slice of the business (pun intended) and approaches me to purchase their cakes for $23, and to sweeten the deal (pun intended) adds a chocolate ganache and individually slices each cake prior to delivery. As an upside, the customer is now prepared to pay $10 per slice since it has the lovely ganache.

So now I've got reduced cost and increase profit, the cake costs me $45 and income earned to me $220

Out of loyalty to you, my original supplier, I offer you the opportunity to match the new suppliers offering, but in order to do so you need to update your ovens and buy a new mixer, so instead of biting the bullet and investing in your business you give me a cock and bull story explaining your position and decide to get "tough". Unfortunately through your own complacency you've relied heavily on my business and haven't bothered to obtain any new business since you're comfortable with your lot in life. Unfortunately you have no business as of next week and due to your tough stance decide that you will not compete against the new bakery in town and stay "tough" on your offering. You go out of business and blame me for your failure.

My customers suggest they would really enjoy a coffee to go with their cake, so I invest in the machinery and installation. Cups of coffee cost me 30c
and my customers are prepared to pay $3.00. They're pretty popular coffees and 90% of my customers order a coffee and cake.

After working hard I decide I'd like to have a couple of days off so give a couple of juniors a job on the weekend putting the cake in containers and making coffees.

The employees both join the union and demand, since they are putting in 2/7's of the labour, they are entitled 2/7's of the profit, yet take no risk or invest no capital.

Great post.

(But now I'm craving cake)

You can have a cake and a coffee for $7 if you come dressed as your avatar. Grin

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Politicians and Nappies need to be changed often and for the same reason.

One trouble with political jokes is that they often get elected.

Alan Joyce for PM

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Uncle

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Re: 19/20 pieces of Birthday cake given to one child
Reply #71 - Nov 6^th, 2011 at 8:16pm

qikvtec wrote on Nov 5^th, 2011 at 8:56pm:

hawil wrote on Nov 5^th, 2011 at 8:08pm:

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who willl prosper, yet he/she does do not put more effort in.

Are you serious?

I have a cake, you the cake supplier charge me $25 for it, we've established a market at $8 a slice. We decide to test the market by adding a dollop of whipped cream and a few berries to the cake and discover the market is prepared to pay $9 a slice. The cake has 22 slices and the cost of the additional berries and whipped cream is $1/slice. So the product cost is $47 and income earned to me $198.

Through hard work, great customer service, marketing, appropriate capital allocation and cash flow management I build the business to the point I'm selling 50 cakes a week. Another local bakery wants a slice of the business (pun intended) and approaches me to purchase their cakes for $23, and to sweeten the deal (pun intended) adds a chocolate ganache and individually slices each cake prior to delivery. As an upside, the customer is now prepared to pay $10 per slice since it has the lovely ganache.

So now I've got reduced cost and increase profit, the cake costs me $45 and income earned to me $220

Out of loyalty to you, my original supplier, I offer you the opportunity to match the new suppliers offering, but in order to do so you need to update your ovens and buy a new mixer, so instead of biting the bullet and investing in your business you give me a cock and bull story explaining your position and decide to get "tough". Unfortunately through your own complacency you've relied heavily on my business and haven't bothered to obtain any new business since you're comfortable with your lot in life. Unfortunately you have no business as of next week and due to your tough stance decide that you will not compete against the new bakery in town and stay "tough" on your offering. You go out of business and blame me for your failure.

My customers suggest they would really enjoy a coffee to go with their cake, so I invest in the machinery and installation. Cups of coffee cost me 30c
and my customers are prepared to pay $3.00. They're pretty popular coffees and 90% of my customers order a coffee and cake.

After working hard I decide I'd like to have a couple of days off so give a couple of juniors a job on the weekend putting the cake in containers and making coffees.

The employees both join the union and demand, since they are putting in 2/7's of the labour, they are entitled 2/7's of the profit, yet take no risk or invest no capital.

Some people have no idea of communciations, how to run a business and deal with employees Wink

Simultaneously and at the sametime. Shocked

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qikvtec

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Re: 19/20 pieces of Birthday cake given to one child
Reply #72 - Nov 7^th, 2011 at 7:20pm

Uncle wrote on Nov 6^th, 2011 at 8:16pm:

qikvtec wrote on Nov 5^th, 2011 at 8:56pm:

hawil wrote on Nov 5^th, 2011 at 8:08pm:

How can you assert, that the cake is much bigger due to the efforts of relatively few?
It is due to the efforts of Engineers and scientists who invented more efficient machinery, and other tools, and not many of them became very rich.
You also state greed is the driver of capitalism; I would agree on that point, but as the greedy want more and more, there will be fewer greedy who will have assets that the more greedy can take away from them, because the other 99% will have nothing to take from them.

Here is an example of how to get rich: A does a certain job for B and charges B $100.00 for the job, but B is only prepared to pay $80.00 for the job, and in the end does pay only $80.00/

Now reverse the situation, B does the same job for A, but charges A $120.00, and being tough, gets $120.00.
It is not hard to see who willl prosper, yet he/she does do not put more effort in.

Are you serious?

I have a cake, you the cake supplier charge me $25 for it, we've established a market at $8 a slice. We decide to test the market by adding a dollop of whipped cream and a few berries to the cake and discover the market is prepared to pay $9 a slice. The cake has 22 slices and the cost of the additional berries and whipped cream is $1/slice. So the product cost is $47 and income earned to me $198.

Through hard work, great customer service, marketing, appropriate capital allocation and cash flow management I build the business to the point I'm selling 50 cakes a week. Another local bakery wants a slice of the business (pun intended) and approaches me to purchase their cakes for $23, and to sweeten the deal (pun intended) adds a chocolate ganache and individually slices each cake prior to delivery. As an upside, the customer is now prepared to pay $10 per slice since it has the lovely ganache.

So now I've got reduced cost and increase profit, the cake costs me $45 and income earned to me $220

Out of loyalty to you, my original supplier, I offer you the opportunity to match the new suppliers offering, but in order to do so you need to update your ovens and buy a new mixer, so instead of biting the bullet and investing in your business you give me a cock and bull story explaining your position and decide to get "tough". Unfortunately through your own complacency you've relied heavily on my business and haven't bothered to obtain any new business since you're comfortable with your lot in life. Unfortunately you have no business as of next week and due to your tough stance decide that you will not compete against the new bakery in town and stay "tough" on your offering. You go out of business and blame me for your failure.

My customers suggest they would really enjoy a coffee to go with their cake, so I invest in the machinery and installation. Cups of coffee cost me 30c
and my customers are prepared to pay $3.00. They're pretty popular coffees and 90% of my customers order a coffee and cake.

After working hard I decide I'd like to have a couple of days off so give a couple of juniors a job on the weekend putting the cake in containers and making coffees.

The employees both join the union and demand, since they are putting in 2/7's of the labour, they are entitled 2/7's of the profit, yet take no risk or invest no capital.

Some people have no idea of communciations, how to run a business and deal with employees Wink

Simultaneously and at the sametime. Shocked

As opposed to simultaneously at a different time?

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Politicians and Nappies need to be changed often and for the same reason.

One trouble with political jokes is that they often get elected.

Alan Joyce for PM

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Uncle Gold Member Offline Australian Politics Posts: 688	Re: 19/20 pieces of Birthday cake given to one child Reply #73 - Nov 7^th, 2011 at 7:59pm Exactly
Back to top	"Julia Gillard says she is prepared to legislate a carbon price in the next term. "&&&&- The Age 20/8/10&&&&"You are not just thick - you weant to be thick. It makes you feel compssionate."&&&&- Soren IP Logged

muso

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Posts: 13151
Gladstone, Queensland
Gender: male

Re: 19/20 pieces of Birthday cake given to one child
Reply #74 - Nov 7^th, 2011 at 9:30pm

cods wrote on Nov 5^th, 2011 at 8:51am:

muso wrote on Nov 5^th, 2011 at 8:38am:

freediver wrote on Nov 4^th, 2011 at 10:05pm:

Spin it whatever way you want, it is still communism, and we all know how big that cake is.

Communism is more like developing a 5 year plan to bake as many cakes (forget about the quality) as possible for our glorious nation, and then you end up buying your cakes on the black market because the shops don't have any.

dont know about you muso.. but I would never fly Russian airlines....

yet they are not allowed to buy foreign aircraft...

we all complain wouldnt matter what we had or think we should have.. lets be a bit more grateful for the piece of cake we do get and stop looking over the fence... we can all do better wish I had my time over again...

dont envy get off your butt and do it stop wanting it all to just land in your lap.

Long gone are those days. Aeroflot these days flies mainly Boeing aircraft.

- but I still would never fly Aeroflot - or South African Airways for that matter - once was enough Grin

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