Question
BusinessandTaskContext Rare Books is a niche and specialized bookstore that sources and sells old and rare books in their originalconditions. The business is located
BusinessandTaskContext
"Rare Books" is a niche and specialized bookstore that sources and sells old and rare books in their originalconditions. The business is located in the CBD and has a dedicated following through loyal clientele from allwalks of life. Due to its exclusive business model, the bookstore has been quite famous with most of the clientsattractedtoitthroughthewordofmouth.Therearealsooccasionalordersfromoverseas.
However, within the last few years, advent of new digital technologies and innovations such as audio andeBooks have disrupted the market in general. New and significant consumer segments have emerged thatprefer to read books on handheld devices and listen to them. In addition, many of the old publications, classics,and a range of other books are being converted in digital format for on-screen reading and downloads. Peoplehave a choice to read a book for a small fee or download it for a fraction of the cost of purchasing a hard copyinadigitalformatthatlastslonger thenprint.
Task 1.
How can the business maintain its core business model, niche and philosophy while still being profitableand relevantinthecurrentmarket
In doing this task, the application of critical thinkingwill involve and demonstrate in respect to the givenbusinessproblem;
- Analysis
- Evaluation
- Furtherargument
Task 2
Ensure to obtain audience feedback and summaries in the Feedback Register prepared.
- Writea summaryofallthefeedbackreceived;
- Evaluate and proposed final solution (one of the strongest solutions) with your reasoning
- Explain the approval process, and possible barriers that might emerge in decision-making (explainwhysuchbarriermayexist)
Task 3
Article (WRIGHTBROSNOTFIRSTTO FLY)
It challenges the familiar story of the first manned, powered flight in a heavier than-air machine, by Wilbur andOrvilleWrightin1903,consideredtheinventorsoftheaircraft.
While the article's style is journalistic, it is also an argument. The headline, style of writing and the articlecontentisacollectiveattempt topersuadethereaderthatoneofthemostwidelyacceptedstoriesofthe20thcenturyisfundamentallywrong:that,theWrightbrotherswerenotthefirsttoflyapoweredAeroplan.
Accordingly,readthearticlecarefully anddraftyourcritique/response basedon;
- Whethertheclaimsinthearticlearebelievable;and
- Whethertheysupporttheheadlineclaim
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