Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
At the internal level of his business operations, it has to be noted that the increase in sales volumes has to be supported by an increase in production levels. Given this necessity, combined with elements such as ease of use of the technology and the minimum skills requirements of the person digitalizing the books, Will Bury ought to consider the following:
To a degree to which this does not negatively impact the family life or the individual life of the family members, Will Bury should ask his wife or his children to help with the digitalization process
In a context in which the help of the family is either impossible or insufficient, Bury should hire an employee to handle the digitalization processes. This employee would require minimum skills and would as such be paid minimum wage. The salary of the employee would be cumulated based on hours worked, which would normally equal the number of digitalized books.
It is advisable that the employee be a responsible local teenager who is looking to earn some extra money. It could be the child of a neighbor or a colleague from the children's school. It is true that the costs could be even further reduced with the outsourcing of the digitalization processes, but this solution is not viable for the time being due to the fact that the digitalization represents a core process and as it is necessary for Bury to supervise it at all times.
Relative to the other costs incurred, their alteration is rather difficult since Will Bury a is small size entrepreneur who does not reveal any power to influence the retail prices of the books, the technologies used or the copy write fees. Yet, he could implement several strategies:
The operational costs with electricity could be reduced with the usage of more natural light in the detriment of artificial light. Also, it would be...
In terms of book collection, Bury could look for books which are no longer individual copy write materials, but which have entered the national patrimony. In terms of digitization and processing, an increase in efficiency would be required and it would be achieved through the increase in volumes processed and a decrease in resources consumed. Finally, at the distribution and promotional level, Bury should consider several free promotional opportunities and some cost effective distribution channels, such as direct sales from his garage.
Sooner or later, it would be necessary for Will Bury to renounce his full time job at the High Tech Digital Industries. Still, since the digital books entrepreneurship is still small and risky, Bury should take the quitting decision only when he has some savings to fall back on in case the books business does not retrieve the desired outcomes.
References:
Bella, J., 2006, the Growing Ebook Industry and Market, Articles base, http://www.articlesbase.com/publishing-articles/the-growing-ebook-industry-and-market-65103.html last accessed on May 17, 2010
Turner, M.L., 2004, the unofficial guide to starting a small business, 2nd edition, John Wiley and Sons
Violette, E., 2007, Books vs. E-books, Ebookgraphy, http://www.ebookgraphy.net/booksvsebooks.htm last accessed on May 17, 2010
Startups, http://www.startups.co.uk / last accessed on May 17, 2010
Market Orientation of Medical Diagnostic Units Dissertation for Master of Health Administration i. Introduction ii. Objectives iii. Description iv Administrative Internship v. Scope and Approach vi. Growth vii. Methodology viii. Hypothesis ix. Survey Questionnaire x. Research Design xi. Observation and Data Presentation xii. Test provided xiii. Analysis of findings Marketability of Patient Satisfaction Importance of Employee Satisfaction xiv. Conclusions and Recommendations xv. Bibliography xvi. Notes xvii. Appendices Market Orientation of Medical Diagnostic Units
Even the lowest-level managers and employees are empowered to make decisions and have that valued democratic voice. ADVANTAGES: An advantage of this form of measurement is that it tends to be more encompassing, since it accounts for all uses of capital. It is susceptible to manipulation by managers with a short-term focus, or by manipulating the hurdle rate used to evaluate divisions. The frequently occurring problem, in concern to a lack
Market Model Patterns of Change Market Model Pattern of Change The market model industry I research on is the rental movie industry, which the Blockbuster video was the dominant product. This industry has undergone through gigantic market change over many years. Hollywood video is the national competitor; however, they often compete with the local and regional movie rental industries. The use of the new technology has significantly led to the competition among
Revenue recognition is significant because it not only defines to the leaders of the company that the product sold is doing well in its markets but also that the price on the product is comparable to the competition - shown through the return of high premiums and that all expenses to make said product are being received through the sale of these products. "Process of recording revenue, under one of
Dibsa should turn towards the market-based pricing strategy, which sees the implementation of competitive prices for the 3-in-1 Lawnmower. The selection of this combination of strategies would generate several impacts upon the company, but most of them would be obvious at product lifecycle level. In this order of ideas: The sales revenues would be significantly high throughout the first six months and they would allow the company to cover for
Market Model Changes The medtech, or medical technology, industry is a large and intensely competitive industry that produces highly innovative medical devices for hospitals and other healthcare facilities in the effort to save lives and improve health for patients (Research, 2012). It is spread across different segments including, cardiology, oncology, neuro, orthopedic, and aesthetic devices. It relies largely on aging baby boomers, high unmet medical needs, and increased incidence of lifestyle