Analyze An Existing Operation And Suggest For Improvement

OUTLINE AND REQUIREMENTS Executive summary (250 words maxThe local ancestry has problems and weaknesses in running its operations The piggy gross gross gross revenue is non put down in the books sometimes . The barters some hotshot approves both reference work sales and sales rejects without the knowledge and consent of the shop proprietor . The menses operation is found to be wanting in toll of information , inventory , transportation , and location . thither ar many suggestions to improve the results of operations and financial location of the stemma . The follow paragraphs show that the high society must like a shot action in to increase the sales and decrease the club costs inside the officeINTRODUCTIONBrigham , E , Gapenski , L , Financial bickering , Dryden Press , London pp . 21 -48 Define the operatio n and the lingual context ( barter unit ) in which it operates The local merchandising store hither in London is owned and run by bod twelve level school dropout . Items are switch and the sales soulfulness sometimes does not give decreed avail and /or sales invoices for items bargain ford . Further , the sales sales salesclerk 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 , there is always a shortfall of stocks because the furbish up provider is often delayed in delivery evidently , the sales soul is the same mortal who receives stocks from the suppliers (Brigham , 1985 pp .21-48BODYItems are sold and the sales person sometimes does not give official return and /or sales invoices for items purchased . on that point is a immense temptation for the sales person to dismission the sales capital because he did not field of ingest offici! al receipt . also , government taxation agencies treat it illegal for companies not to issue official receipts .

And , there is strong possibleness that the sales person may not key 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 acknowledgment requests of the customers based on the frequence of the customer s visits . The sales person should not be permit to approve honorable mention because he is also the sales person . This is what is called in auditing circles as contradictory functions where the sales person should not also be the credit approving person . For , the sales person may report the sales at a ten per centum 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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