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#Written by David Tam, 1997. #
#davidkftam@netscape.net Copyright 1999#
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David Tam
Wednesday, January 8, 1997.
Business Press Review
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Ramstad, Evan. "No-name PC makers defy the odds", The Globe and Mail.
Wednesday, January 8, 1997. B8. ------------------
This article discusses how small, entrepreneurial computer retailers have
managed to successfully compete against giant computer vendors such as Dell,
AST, IBM, and DEC. These small retailers are responsive to new technologies,
customer demands, and competition in their market. They operate on a
shoe-string budget with low inventory, and a very accurate accounting system.
In our first lecture, the value of accounting was presented. Accounting
allows the entrepreneur to measure the success of his/her business. It is my
belief that these small retailers must maintain very high accounting standards
in order to survive in their very competitive field. These retailers operate
on such a thin profit margin that they must be able to make quick and critical
business decisions. Otherwise, these businesses would not survive.
(
geocities.com/siliconvalley/campus/9640/2ndYear) (
geocities.com/siliconvalley/campus/9640) (
geocities.com/siliconvalley/campus) (
geocities.com/siliconvalley)