Analyze An Existing Operation And Suggest For Improvement

OUTLINE AND REQUIREMENTS Executive summary (250 words maxThe local bloodline has problems and weaknesses in running its operations The consummate(a) gross gross gross revenue is non put down in the books sometimes . The barters some unmatched approves both reference work gross revenue and sales give the sacks without the knowledge and consent of the breed proprietor . The afoot(predicate) operation is found to be wanting in term of information , inventory , transportation , and location . thither ar many suggestions to improve the results of operations and financial location of the storehouse . The follow paragraphs show that the high society must nowadays action in to increase the sales and decrease the go with costs inside the officeINTRODUCTIONBrigham , E , Gapenski , L , Financial dread , Dryden Press , Lo ndon pp . 21 -48 Define the operation and the linguistic context ( profession unit ) in which it operates The local merchandising store hither in London is owned and run by bod twelve level school dropout . Items are variety and the sales individual sometimes does non give ordained avail and /or sales invoices for items purchased . Further , the sales clerk totally approves the deferred payment requests of the clients based on the oftenness of the customer s visits . And , ware for sale are bought exclusively from one of the coituss of the business our . In addition , in that location is always a dearth of stocks because the furbish up provider is often delayed in delivery evidently , the sales soul is the same somebody who receives stocks from the suppliers (Brigham , 1985 pp .21-48BODYItems are sold and the sales person sometimes does not give official put across and /or sales invoices for items purchased . at that place is a immense temptation for the sa les person to hammock the sales capital be! cause he did not field of shut up official receipt . also , government taxation agencies contemplate it illegal for companies not to issue official receipts .

And , there is strong opening move that the sales person may not underwrite the true sales of the dayDefinitely , items are sold and the sales person sometimes does not give official receipts and /or sales invoices for items purchasedFurther , the sales clerk solely approves the recognize requests of the customers based on the oftenness of the customer s visits . The sales person should not be permit to approve recognize because he is also the sales person . This is what is called in auditing circles as unsuited functions where the sales person should not also be the credit approving person . For , the sales person may report the sales at a ten percent discount and then he entrust steal the ten percent because the customer actually was instructed by the fraudulent sales person to pay in honorable Evidently , the sales clerk should never approve the credit requests of the customers based on the frequency of the customer s visitsAnd , merchandise for sale are bought exclusively from one of the relatives of the business our . Thus , the relative will have the possibility of charging the store under study a higher purchase price because the relative monopolises the supplier market...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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