Business Report

Business Report

  • Submitted By: ashourfa
  • Date Submitted: 09/28/2013 6:37 PM
  • Category: English
  • Words: 1279
  • Page: 6
  • Views: 164

MEMORANDUM DATE: 2/ 28 / 2012 TO: Dr. Linda Schuller, FROM: Roy Craft, Layla Alashour, Fatimah Alashour SUBJECT: Textbook Price Analysis

Problem There has been a big loss in textbook sales at the University’s bookstore. A group from the University Students Organization researched textbook prices at three outlets. In general, prices of textbooks have been increasing which has become a major burden to all students of all majors. This increase makes a difficult situation for students already trying to pay university tuition and housing bills. Many students have jobs to help pay the costs, so an increase in the price of textbooks is a cause for concern. The University Bookstore is convenient for some students on campus, it can be time saving for some who are trying to get their books on time before semester classes begins. The University Bookstore may be competitive to other bookstores on campus when it comes to pricing, but it will not be as competitive as online book prices. We are going to take a look at textbook prices for ten different courses at two online outlets, and compare them to a third outlet which is the University Bookstore. Pricing Comparison New books Table 1 below is a comparison of textbook prices, the University Bookstore charges the highest price for all ten books. Half.com charges the lowest price for seven out of the ten books, while Amazon.com offers the cheapest price for the remaining three textbooks. In total, five textbooks – in this example for a student taking the courses astronomy, computer, economics, history, and English – cost $544.95 at the University Bookstore. To buy those books on Amazon.com, the total would be $393.88, a saving of $151.07 or approximately 28%. But shipping and handling charges must be taken into account which can quickly add up with the large, heavy packages. Therefor student must take advantage of time and order them earlier with no additional shipping costs. The cost of the textbooks defers from one student...

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