Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Potential Partners Your World Media Text Direct first. Text Direct Greg Company Information I think our best option is to move into the online textbook

image text in transcribed
Potential Partners Your World Media Text Direct first. Text Direct Greg Company Information I think our best option is to move into the online textbook Annual Sales: $78 Million E industry by partnering with Text Direct. Employees 450 Key Assets: Direct Sales Force, Online/Physical Distribution, Growing Brand Name Greg We could leverage our research and writing skills to create Textbook Industry Information to very up-to-date digital textbooks across a variety of Total Sales: $12 billion topic areas. We would avoid large entry-level classes and gear our expertise at higher-end specialized classes with Entire Industry Growth Rate: 12% 5-year CAGR (compound annual growth rate) fewer students. Electronic textbooks Growth Rate: 20% 5-year CAGR (projected) Industry Trends: As you can see, Text Direct could be a good partner for us More electronic texts since we could bring a new direction for textbook Additional aids for professors (slides, test banks, etc) publishers. Concerns over pricing for students Increase in physical textbook rental Tamara Demands for updated data/presentation not just new editions How do you think we should engage with them? Pushback on the overall cost of college We should acquire them. We should just build it ourselves. We should ally with them. Submit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management An Integrated Approach

Authors: R. Dan Reid, Nada R. Sanders

7th Edition

1119497388, 978-1119497387

More Books

Students also viewed these General Management questions

Question

Again, try to justify your findings.

Answered: 1 week ago

Question

=+b. Would you need to edit down the copy for a smaller-space ad?

Answered: 1 week ago

Question

=+4. About the medium.

Answered: 1 week ago