In this organization, staff and board members were aware of the loss of the grant, but there was a kind of psychological disconnect. Another organization with which I work has run a deficit this year of more than $200,000, and board members are periodically reminded that it is nothing to be concerned about.
This article explains the role of an OEM company and the OEM business model. OEM (pronounced as separate letters) is short for original equipment manufacturer. OEM is somewhat of a misleading term for a company that has a special relationship with computer and IT producers.
What is OEM? What is an OEM product? What does OEM mean? Why buy OEM? OEM generally means original equipment manufacturer. Sometimes it is referred to as bulk packed, white box, brown box and gray market. Almost all PC component and software vendors make two versions of the same product based on a difference in the distribution channels.