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HarperCollins Publishers

“A publishing house's main purpose is to find authors and their


manuscripts to produce and publish into books.” - HarperCollins

Normally the objective of producers is maximising profit by making their


own product and “selling” it to the public. But mainly in the Publishing
world there are other reasons for people to start a company.

The HarperCollins Publishers Company seeks “to make a positive impact”,


elevating education and literacy as well as backing their authors and their
freedom of expression.

Books help you learn something new, keep up a conversation, or show off
your erudition in a company. - HarperCollins

A business is built to make money or “profit” from a hobby, a talent or just


a thing one does best. Profit is defined to be the amount of money that is
“left over” after paying for the expenses or costs that are needed to make
the business work. Harper Collins makes a Profit by taking manuscripts,
turning those into books and selling the books to their customers.
Productivity is the time that a worker needs to make a certain amount of
products. The faster a product is made, the better the productivity. i.e. in
the publishing business it would be how fast and how many books can be
edited, proofread and printed in a limited amount of time.
HarperCollins Publishers publishes biographies, Novels and any types of
books. An example for a book that represents the company statement of
HarperCollins is a book called ‘I am the Storm’ by Janice Dean. A book
telling stories of people who had to ‘Face the storm’ in real life and how
they’ve overcome it. As well as ho they defied powerful leaders and
changed the views on the world by showing that much confidence. This
book represents that the HarperCollins Publishers Company wants the peo-
ple reading their books to learn something new, too hold up a conversation
using different powerful stories written in this book for example.

Another example of a book representing their objective is ‘Small World’


by Laura Zigman. This book tells the story of two sisters and is a realistic
Fiction novel. It tells how two sisters still fail to reconnect and talk about
the loss of a sister in early years. Making the reader ask himself while
reading the back of the book if the secrets that reveal themselves will help
them reconcile and become sisters again.

Production Process in the HarperCollins Company


The PRIMARY sector regards the extracting of natural resources and agri-
culture. This includes Mining(extraction), Farming and Forestry.

To produce a book in hardcover paper is used. This involves hewing trees


and producing paper. Often for the cover paper is also used only in thicker
layers.
The SECONDARY sector involves Companies that are associated with
manufacturing, construction and producing the good, using the resources
obtained within the primary sector.

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 includes companies providing services (transport),


such as entertainment, retailers and finance.

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.

The Executive Vice President of Operations at HarperCollins, is responsi-


ble for overseeing global digital operations, creative, information technol-
ogy and administration, operations. The supply chain and the facilities
management functions at HarperCollins Publishers Worldwide are also
one of the Executive Vice Presidents responsibilities.

At HarperCollins publishers there is a Senior Vice president who’s


overseeing corporate internal and external communications globally, as
well as branding and corporate social responsibility. The one in that place
right now has handled integration and acquisition communications for
multiple acquisitions, as well as working with the executive teams and
News Corp, HarperCollins’ parent company. The senior vice president has
supported the companies expansion around the world.

The President and Publisher of HarperCollins is responsible for overseeing


imprints which include Harper, Harper Paperbacks, Harper Perennial,
harper business, Harper Design, Harper Wave, Broadside Books, Amistad
and Ecco.
Revenue and Expenditure
Revenue is defined to be income, often of a company or organisation and
of a substantial nature.

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.

He break-even point is when the company is at the zero point between


revenue and expenditure. When the company doesn’t pay more for
expenditure than it gets profit from it. It’s about the point when the
company starts making profit.

The HarperCollins Publishing company is already above the break-even


point as is making US$ 308 million profit per year.

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.

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