You can easily specify any number of folders for the software to monitor, and any changes, additions or deletions are implemented near-instantaneously.Īs the name suggests, the software can be used to synchronize files between computers, and they are accessible on any device via the Google Drive web app. You're given a limited amount of space for free, and there are various ways to boost it without having to part with any money, but in reality, Google Drive is going to be useful for backing up individual directories – not your whole system.įor backing up key files and folders, however, it's superb. Otherwise, the backup supplier may be a detrimental option for the retailer.Google Drive isn't a traditional backup tool by any means, it is cloud-based and just what you are able to back up will depend on how much online Google storage you have available.

Specifically, when the primary supplier is unable to supply the whole demand, the proposed option contract can be a win-win Pareto-improving profit-sharing mechanism only if the likelihood of failure in the primary supplier's production is sufficiently low. The results also shed light on when/how the call option contract can be beneficial for each participant. While the backup supplier prefers the second scenario, the retailer would rather adopt the other one. We find that higher authority and flexibility of the backup supplier in making decisions in the second scenario results in a lower option price, yet more possibility of achieving channel coordination compared with the first scenario. We develop a call option contract and evaluate the preference of each party through two negotiable scenarios: (i) the backup supplier only decides on option price and (ii) the backup supplier determines both option and exercise prices.

This study considers a channel with a retailer who satisfies demand by ordering from two suppliers: a low-cost primary supplier whose production is subject to failure and an expensive reliable backup supplier.

Online personal backup