Small Business Management:

Explain what would be an appropriate number of suppliers for this company and why you chose this number. Explain the type of inventory control techniques that the business should use for your new business: Catch the Wave

Catch the Wave is a marketing information and graphics design firm located in Minneapolis. The company designs Web pages for clients wanting to get on the Internet. Its 20 employees have varied experience in design, advertising, writing, photography, and computer graphics. Prices charged to clients depend on the sophistication and interactivity desired for their Web sites. The popularity of the Internet and World Wide Web has sent the company's annual revenues soaring to $7 million. This figure is expected to continue to rise as more and more clients want to "catch the wave."