Professional Documents
Culture Documents
Books help you learn something new, keep up a conversation, or show off
your erudition in a company. - HarperCollins
In the secondary sector the book itself is produced. The first step is print-
ing the book onto paper, the second is formatting the paper into the book
over. Another step is connecting the paper on which the book is printed to
the cover, whether it is a hard cover or a Paperback.
The tertiary sector is important in the production process. The tertiary sec-
tor is for transporting the printed books to the destined place, which could
be the authors home or the bookstore which will be selling these Books. It
is also in charge of discussing the book with the author or writer. This hap-
pens before the book is printed. The manuscripts are discussed and worked
on, to fit the sellers wishes or the authors view. The grammar mistakes are
worked on. The design, as well as the layout are discussed in the quater-
nary sector.
Specialisation and Division of Labour
Specialisation is when a business focuses on producing a specific type of
service or good.
The HarperCollins Publishing Company specialises in producing books
and publishing them. This helps them produce higher quality Products and
help the authors individually.
The Definition of the term “Division of Labour” is when workers are as-
signed to a specific Job or are expected to solve a specific problem/ques-
tion.
The HarperCollins Publishing Company has different divisions inside the
company. Every Division has a “Chief Officer” who is in charge of “keep-
ing their Division in line”. There is Division for the Finances, Publishing,
Editing, Digital, Communications and many more.
The Finance Department is responsible for accounting, credit and collec-
tions, budgeting, forecasting, financial planning, internal and external fi-
nancial reporting, financial analysis and strategic management.
Fixed costs and variable costs are two different things. While both are
things you have to pay for and are often used to pay for raw material and
for the Labour department for example. Th difference is that fixed costs
are always the same, they don’t change from year to year. Variable costs
can differ and change depending on how much you buy or produce making
the costs higher or lower, so they vary from time to time.
Profit and loss levels are two “antonyms”. Profit is a time in the
company’s development when the expenditure is lower than the revenue
that the company makes. This is when the company rises above the break-
even point. Loss is when a company invests in a thing the company makes
and it turns out the expenditure for that is higher than the revenue the
company gets, which means the company goes into the negative bar and
has to use funding or saved money to pay for the expenditures.