Strategically Speaking: Surviving Volatility
Stats show recent growth in some industry sectors, but 2011 looks less rosy. It’s time to start evaluating your options.
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Why the Decline?
Invariably much of this is explainable. E-book technology has matured considerably over the past three years, and e-reader prices have dropped dramatically, accelerating the transition to e-books—and certainly a contributor to the declining fortunes of trade and mass-market's print books. And, of course, the Border's bankruptcy added fuel to the fire, with the implications of the store shutdowns not yet fully clear.
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David Hetherington
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