Management Case Study: Barnes And Noble Company

Superior Essays
Paper1 Outline- MGT 2000
*****************************
1-Name of Company: Barnes and Noble 2- Your Name: Diosmery Hernandez 3- Why did you select this company? The company, Barnes and Noble was selected because they are a well-known bookstore that filled the necessary criteria for the paper. 4- Company Size (revenue, number of employees, etc, ) Barnes and Noble have a total revenue of 6.07 billion dollars but after removing the cost of revenue which is 4.19 billion, they are only left with a gross profit of 1.88 Billion. The amount of revenue is from April 30th,2015. The Barnes and Noble Company is located in in New York, NY and operates approximately 640 retail Book Stores. They also have about 33,000 full-time and part-time employees,
…show more content…
They also encourage employees to always ask their supervisors for help when they are not sure of what to do during potential ethics and compliance issues. The company trains their employees to the best of their abilities but if the employee does not comply with their policy their job may be terminated. 9- Company Planning Issues and Important decisions made recently by management (chapter 4) The Barnes and Noble Company is trying to expand their business by not making the bookstore all about books. The company is trying to expand their non-book merchandise and trying to see if improving that section of the store would improve sales. As well as trying to improve their non-book merchandise, they are also trying to attract more students to their store by adding a department for college books. This means that once again they are in heavy competition with amazon trying to catch the students attention with affordable prices. 10- Company Structure (chapter …show more content…
They started to think of a way to bring in more customers interest by creating a tablet for digital books. For those who are not fans of an electronical book, they created a café in every Barnes and noble store to attract those who just want to enjoy their book with a cup of coffee. Since the company is already aware that hard cover books are not enough, they are thinking of different ways to make the store more technology friendly. They need to continue this way of thinking in order to keep up with their competition and be

Related Documents

  • Improved Essays

    I think this area could use a strategy change. Barnes & Noble should needs to make the Nook easier to use. A way to entice customers to leave Kindle for Nook is to have an option where if you buy a hard copy of a book in store or online, you can automatically get the Nook version for free. When people go on vacation, they don’t always want to pack physical books but may want to re-read a book they had bought in a hard copy. This may help raise the price in stocks which means the company is doing…

    • 998 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Jeff Bezos

    • 1428 Words
    • 6 Pages

    Bezos and his company listened to many complaints while also keeping their original view on board. As Bezos’s company started to adapt to more customer wants and needs, he started to also expand his online market. [3] Amazon started to sell computers, cell phones, anything that could be packaged and shipped. What was at first an online book store, transformed as consumers wanted more than just books. The site accompanied many people’s wants for cheaper items that are not accessible in their area.…

    • 1428 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    As the new generation of technology comes in our society, the use of electronic books increases as companies create electronic devices, such as iPads and Kindles, for easy access to buy books. In the education system, teachers are wondering whether to use electronic books for the classroom. With this debate between printed books and electronic books, many sources have argued about whether e-books are efficient and effective in the classroom. Do they create a benefit or a burden for learning? Three different sources will talk about e-books in different forms.…

    • 1310 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Some bookstores can offer discounts and other benefits for buyers; for example, if people are going to buy a paper book, they can read it freely in stores. In contrast, computers and tablets are the most useful devices for e-books and they are not too cheap. For students who like reading, it can be a waste of electricity because they spend a lot of time reading a book. These devices can also lead the students to be distracted by other things. Three years ago, the University of California libraries made “an e-book usage survey” which showed paper books are better for undergraduate students because it can be difficult to concentrate in their work while in front of a computer (Kelley and Warburton, "Survey: Undergraduates Prefer Print Over Ebooks").…

    • 1100 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    One of the promotions is buy 1 get 1 free rather than reduce the price to attract customers. This promotion aims is encourage those existing consumers to share a coffee with their friend and family (Ana, 2015). This is another way allows Starbucks to reach new customers, because if these people are satisfied the tastes of drinks or they have a great experience with Starbucks’s customer service, they will become consumer to purchase the product from Starbuck in future. Starbucks has been making a successful story to reach their customer through buy 1 get 1 free promotion with received many comments on social media and supports from the consumer. The second stage is customer retention.…

    • 1002 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    It is rare for students to use a textbook in multiple classes from different professors. When students are done with their textbook, they have two possibilities: they can keep their textbook, or they can sell it. If they keep their textbooks, the textbooks will probably sit on the shelf collecting dust, but if they sell their textbooks, even with annotations, they will receive a large portion of the cost back. The United States Congress’ Advisory Committee on Student Financial Assistance proposed a solution to high textbook prices. “The committee’s report … mainly proposes strengthening the market for used textbooks – by encouraging college bookstores to guarantee that they will buy back textbooks, establishing online book swaps among students, and urging the faculty to avoid switching textbooks from one semester to the next,” which shows how even the government approves of buying back textbooks (Granof 206).…

    • 1090 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Swot Analysis Of Best Buy

    • 1126 Words
    • 5 Pages

    Some of the changes that Best Buy had to do was to lay off some of its employees. Best Buy has lots of strong competitors out there like Walmart, Target, Staples, Amazon, but online retailers might be a bigger competition than the formers because people and especially young generations are switching to online shopping more and more everyday which makes it a sociocultural problem. However, one of the new goals/strategies that Best Buy is trying to fulfill is to grow its online sales. It has created BestBuy.com and the Best Buy app to make it easier for people to browse website and see their products and order them online without having to visit the store. Thus, Best Buy not only increased its online sales and also beat a sociocultural threat.…

    • 1126 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Walmart's Value Chain Model

    • 2314 Words
    • 10 Pages

    Walmart is the world 's largest company by revenue, according to the Fortune Global 500 list in 2016, as well as the largest private employer in the world with 2.2 million employees Primary Activities: Inbound Logistics: Each company needs to have raw materials and the importing of raw material is known as Inbound logistics. In the process of inbound logistics, your relations with your suppliers play a crucial role towards adding value to your end product. If your relations are good with your suppliers, you are likely to get the raw material in a timely manner and at optimal cost. Also, the rate at which you are able to get the raw material from your supplier to your company also adds value to the process. Thus, your material is available for further…

    • 2314 Words
    • 10 Pages
    Superior Essays
  • Great Essays

    While large publishers enjoyed a 15% ROA, Ramsey set a 10% ROA goal for his company. Additionally, he wanted to set free cash flow goals based to decreasing working capital.  Editorial Segments of Walker & Company: After the major transformations brought about in the company in 1991, the company published 100 new trade books a year in 5 segments: 1. Non Fiction: Walker released 20 new titles a year in hardcover & paperback including health, baseball, history and humor. These were mainly sold to bookstores and required immense publicity.…

    • 1257 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    If Wal-Mart keeps hiring the low skills employee to fulfill current positions, the company will have a high turnover. Wal-Mart must hire the right people in the right place and give all the intention to the employees’ skills in the hiring process such as communication and leadership to avoid turnover cost. Wal-Mart has to provide employees with effective training for better performance and excellent service. Employees are very important to any business for growth and building a strong mission. If Wal-Mart ignore employees’ importance, it will be hard for the company to achieve success.…

    • 817 Words
    • 4 Pages
    Improved Essays