Strategically Speaking: How Will E-books Impact Your Bottom Line?
It’s time to sit down and rethink traditional business models. Here are key factors to consider.
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6. General and Administrative Cost. General and administrative costs are expenses associated with the executive, accounting, human resources and legal staffs.
Publishers' infrastructures—design to support the printed product—include accounting and procurement personnel whose roles include placing purchase orders to manufacture books, recording cost information associated with each purchase order placed, tracking inventory in and out of the warehouse, evaluating inventory balances and making reprint recommendations. What role, if any, do these resources play in a world dominated by the e-book?
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David Hetherington
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