Krishnamurthi
Submitted by Aniket
Group no. -7
Gaurav Kumar
percent of market share of E-book, but in India only one percent of market
share.
Research Scholars
People from Social Development Sector
Development Institutes library
Government library
Difficulty of BfC
In 2011 Action Aid has decided to increase their development projects So
Action Aid allocated more fund elsewhere thats why it wanted that BfC
should be able to generate enough revenue to own to meet their minimum
requirements. So its stop the funding to BfC, it becomes a terrible situation
for BfC because it was also suffering from heavy loss, it is more difficult to
generate more revenue for self-sustainability. Another difficult things for BfC
is that it is a nonprofit organization from which they have to become a
profitable organization. Now the CEO of BfC Mr. K.P.Suresh is in dilemma that
how to change the BfC from not profitable to profitable without hindering
their objectives and goal.
Problems
Its all problem with BfC Publisher Company because its day by day going in
loss. And also problem with K. P Suresh because he is CEO of this company.
Under him company is going in loss. So that why Mr. Suresh in dilemma.
If we talk about root cause of this situation may be Action Aid stopped fund
for BfC.
Alternatives
Collaboration with other NGOs who will fund them. It help them BfC to
meet the necessary needs of BfC so, become able to run their
company.
Pros- It provides fund which is most compulsory for the BfC at that
time. It is possible that BfC diversify its sectors and able to print more
and more books according to the demand of the market and customer.
So, it generates more revenue which is the need of BfC.
Cons- It may be possible that whole credit will take by that NGO.
They should use some strategy for the target orientation. They must
have a selling target for financial year in every zone.