Business, 02.03.2021 07:50 thutch1950oww9q0

2. Imagine you manage a bookstore. The store sells both fiction and nonfiction titles, but because your store is located in a beachside town, it has a very large selection of beach and sea-themed books. For instance, it carries a number of nonfiction books on fishing, surfing, and sailing and a number of fiction books where the setting takes place at the beach or at sea. Back when the store first opened in 1980, the owners set everything up to be tracked and managed by pen and paper. But now, you've just set up a new system that will track everything electronically. Employees will no longer have to write out receipts by hand, nor will you have to track inventory or finances with paper. Furthermore, you now have a business website and hope to start selling e-readers in the near future.

a) How does specialization play a role at the bookstore? (5 points)

b) How will the new system of tracking sales and inventory electronically likely increase the bookstore's competitiveness and productivity? (5 points)

c) In what ways could you use technology to increase the number of customers who visit your store? (5 points)

d) What additional technologies might you be able to add to the bookstore to improve productivity and competitiveness? Consider the role of customers and employees in this answer. (5 points)

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 03:30

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations

Answers: 2

Answer

Business, 22.06.2019 07:40

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

Answers: 1

Answer

Business, 22.06.2019 08:30

Blank is the internal operation that arranges information resources to support business performance and outcomes

Answers: 2

Answer

Business, 22.06.2019 11:00

Which ranks these careers that employers are most likely to hire from the least to the greatest?

Answers: 2

Answer

You know the right answer?

2. Imagine you manage a bookstore. The store sells both fiction and nonfiction titles, but because y...