Jaffa Cake is a popular (& controversial type) of cake in Great Britain. McVitie’s (United Biscuits) is a notable brand selling Jaffa Cakes. It is controversial in the sense of its classification: it is produced as a cake and becomes hard like a (chocolate-covered) biscuit when stale. Incidentally, the former is exempt from VAT while the latter is charged at 15%. This story is about how McVitie’s proved that their product was a cake and never paid VAT.
Category Archives: Leadership
Jargon: RFx
RFx is a generic term used to refer to a ‘Request for’ some document. Most commonly, that document is a proposal, quote or information and in rare cases for the bid, thus the acronyms RFP, RFQ & RFI. These are used by companies to seek information from vendors in order to analyze their solutions and ability to meet the business needs.
Jargon: Gemba
Gemba, in Japanese, means ‘the actual place’ or ‘the real place’. In business, gemba refers to the place where value is created; in manufacturing the gemba is the factory floor. Its use is extended in IT where the consultant is supposed to assist users at their place so as to make them comfortable with use of the system. It is also suggested that solutions to problems, improvements & ideas will come from going to the gemba. Continue reading Jargon: Gemba