1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
disa [49]
3 years ago
14

For some years now, you’ve owned a small specialty bookshop in a college town. You sell some textbooks but mainly cater to a bro

ader customer base. Your store always stocks the latest fiction, nonfiction, and children’s books. Recent numbers show a steep decline in sales, including of books that would normally be considered best sellers. You suspect this is because of the growing popularity of e-books and e-readers such as the Amazon Kindle and Barnes & Noble Nook. Some of your friends say it’s time to close up because your market is dying. Is it hopeless, or is there a business strategy that might yet save the store?
Business
1 answer:
frutty [35]3 years ago
7 0

There is a hope and there is a business strategy that might yet save the store " book selling strategy relied upon investing in, and trusting, in staff "  

Explanation:

Here is the example story of British indie bookstore owner:

In 2018 the days of the last big retail store in the United States seems to have been numbered. A decade of sales losses, traumatic lay-offs, 150 store closures, six CFOs and a 1 billion-dollar loss on its e-reader from Nook has left the company in the midst of an identity crisis.

In the recent decade, Daunt has emerged as an unexpected salvator for bookstores for large-scale businesses and is now accountable at Barnes&Noble for the rebirth of Waterston, the British retailer of about 300 branches. In a world where Amazon offer unspeakable convenience and costs, large book retailers can prosper only if they behave more like independents. His plan for recovery is based on a simple assumption.

Investment and confidence is the foundation of Daunt's bookselling strategy. "The secret to successful employers is retaining them long-term, building up careers, training them businesses."

The staff at Daunt Books know what makes customers feel like they're in a readers ' culture. They follow those principles: never prescribe more than three books at a time, so that the consumer is not frustrated. Do not just hand out your own preferences when anyone asks for a recommendation. First of all, say, "What was the last good book that you read?"It is more likely to appreciate somebody who enjoys Tana's French mysteries than the next Thomas Pynchon.

You might be interested in
If you borrow $1500 with a compounding interest rate of 8% for 2 years, that compounds semi-annually. How much will you pay back
mestny [16]

Answer:

1740

Explanation:

1500(1+\frac{8}{100})^2

1500*(\frac{27}{25})^2

= 1749.6

4 0
2 years ago
Crystal corporation makes $2,000 payments every month for leasing office equipment. crystal recorded a lease payment as follows:
Svetlanka [38]
<span>Crystal corporation makes $2,000 payments every month for leasing office equipment. Crystal recorded a lease payment as an operating lease.

An operating lease is a lease that is commonly used for a short term basis and asset. The operating lease payment is found on the financial statement. 
</span>
4 0
3 years ago
How do markets influence Industry?<br>Thanks in advance ~​
nata0808 [166]

Answer:

The market influences are the broad factors that affect the economy, industry, and companies as a whole. These factors affect the operations and profitability of the companies in a given economic region. Businesses analyze these factors before making an investment within a country or a region.

Explanation:

hope this helps if not let me know have a blessed day

6 0
2 years ago
Read 2 more answers
Your parents are not liable for any underage drinking that takes place at their residence. True or False?
Sedaia [141]
False. I don't think that is true. If they are the ones hosting the party, and they hold the liquor, I think it's their responsibility.
~Silver
6 0
3 years ago
Read 2 more answers
Home Remodelers, Inc., and Imogen enter into a contract for a sale of cabinets and countertops. Home Remodelers, a merchant who
Sergeu [11.5K]

Answer:

B. ​fit for the ordinary purpose for which such goods are used.

Explanation:

The implied warranty of merchantability means that the product should function well for the purpose it has. According to this, the answer is that under the UCC, this means that the goods are reasonably ​fit for the ordinary purpose for which such goods are used.

8 0
3 years ago
Read 2 more answers
Other questions:
  • A. Suppose the wages of computer-factory workers rises. This will cause (the supply / the demand) of tablet computers to (shift
    6·1 answer
  • A misconception is a mistaken idea or thought.
    11·1 answer
  • Marx Company has a current production capacity level of 200,000 units per month. At this level of production, variable costs are
    5·2 answers
  • Julie and anna opened their store – "hot coffee, cool clothes" – just 12 months ago. the concept was based on a store that they
    7·1 answer
  • Orie and jane, husband and wife, operate a sole proprietorship. they expect their taxable income next year to be $300,000, of wh
    8·2 answers
  • Name the four major categories of primary energy use in an industrial society, and match the energy sources that correspond to e
    6·1 answer
  • What is the difference between having a co-signer and becoming an authorized user?
    13·2 answers
  • Many employees get a reality shock on their first day at work because ____.
    5·1 answer
  • A process with no beginning work in process, completed and transferred out 85500 units during a period and had 49400 units in th
    9·1 answer
  • All of the following statements related to bonds are correct regarding bonds except: bonds typically have a $1,000 face value. b
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!