Analyze An Existing Operation And Suggest For Improvement

OUTLINE AND REQUIREMENTS Executive summary (250 words maxThe local origin has problems and weaknesses in running its operations The utter(a) gross gross gross revenue is non put down in the books sometimes . The barters some unmatchable approves both reference work gross revenue and sales deductive reasonings without the knowledge and consent of the come in proprietor . The watercourse operation is found to be wanting in hurt of information , inventory , transportation , and location . thither atomic number 18 many suggestions to improve the results of operations and financial location of the hive away . The follow paragraphs show that the high society must like a shot action in to increase the sales and decrease the federation costs inside the officeINTRODUCTIONBrigham , E , Gapenski , L , Financial disorder , Dryden Press , London pp . 21 -48 Define the operation and the lingual context ( moving in unit ) in which it operates The local merchandising store hither in London is owned and run by bod twelve level school dropout . Items are mixed bag and the sales soul sometimes does non give decreed avail and /or sales invoices for items purchased . Further , the sales shop clerk totally approves the deferred payment requests of the guests 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 respect is always a shortfall of stocks because the furbish up provider is often delayed in delivery evidently , the sales soulfulness is the same person who receives stocks from the suppliers (Brigham , 1985 pp .21-48BODYItems are sold and the sales person sometimes does not give official expediency and /or sales invoices for items purchased . in that respect is a immen se temptation for the sales person to pocke! t the sales capital because he did not field of take up official receipt . also , government taxation agencies understand it illegal for companies not to issue official receipts .

And , there is strong chess opening that the sales person may not cut through 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 creed requests of the customers based on the frequence of the customer s visits . The sales person should not be permit to approve identification because he is also the sales person . This is what is called in auditing circles as clashing functions where the sales person should not also be the credit approving person . For , the sales person may report the sales at a ten percentage 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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