Value Drivers for Barnes and Noble
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What at least five value drives for the company Barnes and Noble and what are some good recommendations for this company to increase their profits to stay in business?
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Solution Summary
This solution lists a minimum of five value drivers for the company Barnes and Noble, and recommendations to increase profits.
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Value drivers that would be applicable to B&N would include factors like new products added to their stores and online sales platform, advances in technology that allow for more efficient production, thereby increasing sales, and brand strength. Additional value drivers would include managerial and employee/staff expertise, and quality. B&N is in a peculiar position within the market. What started out as a book store has grown to a store that sells coffee (many have coffee houses in the actual store), selling toys in their stores (limited variety), gift baskets, and a ...
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