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Assignment - Make presentation on Letter of Transmittal - Cost of Paper Text Books. Your presentation should be memorable and informative and should include a question period.
Solution - Cost of Paper textbooks
Need for textbooks to increase knowledge and obtain academic excellence.
Institutions motto is to serve the students to increase the college position year wise.
Increase in the cost of production has led to increase in cost of paper textbooks.
Reduction of students purchase of paper textbooks.
Goal of the institutions is to serve the students and staff at low cost of text books.
Scope of our work
Identify the cause of reduction of students accessing the library.
Management need to take quick action to resolve the problem raising due to cost of increase in paper textbooks.
With the context in mind, Profit shall not be made by increasing the cost of textbooks.
College library provides a option for the student to read books and borrow.
Due to increase in cost of paper textbooks, the students visit to library is being reduced.
College need to devise a strategy to increase the number of students visits.
Social media had the message that students views and interest are not be addressed by the management.
When one student is not getting better services, this will really impact the others people visit.
Survey questions did had that choice of textbooks is due to the increase in cost of paper textbooks.
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Customer departure is due to the increase in price of paper textbooks.
Institutions sold the books at affordable price that is below the purchase cost. This lead to increase in the selling price at each department to meet the department expenses.
Reason for decrease in sales is due to high competitive rates by similar organizations.
Another reason for decrease is due to influence of people who are not able to purchase items.
Student Monitor. (2016), here the author relates that cost issues related to textbooks.
With online bookstore, it is now easy to compare various books and being observed that paper textbooks are skyrocket.
U.S Bureau of Labor Statistics (2016, September 12), illustrates that prices index and helps in finding the real prices.
Economies of pricing level of books depends on the book contents.
Students from different background families find difficult to purchase of textbooks.
Book publishers were contacted to seek the support in price of the book, but no response were observed.
Discussion with various department Heads were done in order to get the possible solution towards the increase in the price.
Discussion with management was done to reduce the cost of the text books, so it will benefit the customer.
The Library management and its staff were provided a direction to fix the price and to sell the textbooks, if the books were not sold to the mark of the management, then there comes the management pressure of asking the questions and reasons for not purchase.
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Conclusions and Recommendations
Institutions need to check the policy that are available to retain the new learners and old learners.
Customer focus shall be the first priority in retaining the learners.
Library attendants were expected to server the customer properly and provide a delight customer services.
Book Author suggested to have the price reduced with having a small margin at the very first.
Board management shall consider their student leader to be part of any key decision towards students that would impact.
Priority shall be given to the student fraternity to have the revised price for the paper textbooks.
Institution is being benefited after the students completes his studies.
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