Question

Read “Better World Books and the Triple Bottom Line”

1. Conduct a Porter’s five forces analysis of the used book industry. Is this an attractive industry? Why or why not? Which force(s) have the strongest influence? (200 words minimum). Please include a word count of your answer.

2. What are BWB’s resources and capabilities? Do they lead to a sustained competitive advantage (Hint: apply the VRIO analysis)? (150 words minimum). Please include a word count of your answer.

Answer 1

Answer1:

This is not a horny trade to be in. There square measure a lot of competitors, suppliers tend to not leave their current trafficker, and consumers have a great deal of power. Competitors place a great deal of pressure on higher World Books as a result of their business models tend to either be strictly for a profit with not a great deal of stress on charity or the atmosphere or the contestant is strictly not-for-profit and appears higher to the general public. A number of BWB’s larger competitors, like Amazon or eBay, have varied industries that they contend in therefore it’s easier for them to form profits. Customers during this trade have quick access to comparison tools to search out the worth they want; it makes it easier for a client to modify from one contestant to a different. The strongest forces that BWB faces square measure group action amongst Competitors and talks Power of consumers.

Answer2:

Better World Books has libraries and faculty book drives as their resources. These resources square measure rare as a result of their square measure solely a number of firms that match the capabilities of a deed given books from faculties. These resources are expensive to imitate as a result of alternative firms can’t acquire books at a similar low value. Higher World Books was additionally organized to capture worth as a result of they need a good structure and coordinating systems. I think that they are doing have a sustained competitive advantage per the VRIO framework.

Perform a SWOT analysis for BWB.

A SWOT analysis may be a strength, weaknesses, opportunities, and threats. Higher World Books has done a good job utilizing the school book drives and donations from libraries so as to sell books. They’re obtaining books at an extremely low worth whereas serving to individuals recycle books. The weaknesses that higher World Books has are the ability to take care of the growing offer of book donators. Opportunities that this company has are the ability to enter the digital book market and plenty of a lot of faculties or libraries. They will expand into a lot of countries so as to still grow the corporate. Of course, they'll have competition which will contend for these book donors, however, they have to be 1st movers in these new markets. Also, it's vital to take care of these book donors in order that they don’t lose the availability of books. The digital books from Amazon, Google, and alternative firms create an enormous threat to the expansion and property of the corporation. Higher World Books must lower prices once shopping for their books or they will even have to be compelled to enter the digital book market.