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Essay Details:
Essay text:
Will’s technology gives the audio version of hardcopy materials the sound of being read by a real voice even though the process is done by machine. Will’s problem though is what to charge for this technology and what kinds of revenue will this produce.
Before Will can look at revenue and talk about the price for which he is going to sell his product at he must first determine his cost of producing the product. The reason for this is that if his cost is higher than his selling price of the product then the revenue generated will not cover the operational cost of running the business. Not generating a profit for a company is the fastest way for a company to fail...
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