Penny wise and Pound Foolish: But make pennies work.
Penny Wise and Pound Foolish: One Man’s Experience with the Hidden Cost of Cheap Parts November 03, 2017 by Mark Hughes Sometimes pennies saved in the design and manufacturing process can cost dollars later. This article visits the hidden costs of sourcing cheap components. Fast international shipping has made it possible to source components from many places in the world for minimal cost.
I don't know whether you're asking what the expression means, or for examples but giving literal definitions of things is boring, so I'm going to go straight for the latter. Here's a couple of examples from my time at Lehman. 1) The introduction.
Essay writing, problem solving, experimental design, and the analysis of political systems are each important skills in their respective disciplines. If the rubrics are the same each time a student does the same kind of work, the student will learn general qualities of good essay writing, problem solving, and so on. If the rubrics are different each time the student does the same kind of work.
However, this would be a “penny-wise, pound-foolish approach.” After all, the members of Congress would hardly be able to handle all that work by themselves. They need large staffs to gather information and process constituent demands. Ethics and Congress Most people believe that the phrase “congressional ethics” constitutes an oxymoron. The separation of powers seems to actually have.
Remember these sayings: nothing good comes easy, penny wise pound foolish. Do not be too stingy with money; use it to obtain the necessary services it is meant for to.
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And if you are usually unable to make worthwhile investments in the future of your business for fear of ending up living in a cardboard box if things go wrong then you may end up penny wise and.