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Why talk about the music industry's options dealing with new technologies? Since the music industry has gone through major changes in the recent years, it is important to know, which of their strategies have proved successful and which have not. In these years of major changes, the sales revenues of record companies have rapidly and steadily declined. According to the International Federation of the Phonographic Industry (IFPI), the worldwide record sales revenues were US $10 Billion less in 2003 than 8 years earlier. In the USA the record revenues have declined more than 10% since 2000. The reasons for the decline in ...
Many franchised businesses now use the internet to communicate with the franchisor. This communication is mainly by way of an Intranet which is a private computer network. This can be done via the internet or via cables interconnecting the franchise network and serve to enhance the whole franchise network if done correctly. The franchisees can place orders online and check delivery dates. Some of the largest fast food franchises operate “just in time” daily deliveries to their franchise network. This has really enhanced the process and meant that the franchisee can afford ... Read More
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