Analyze An Existing Operation And Suggest For Improvement

OUTLINE AND REQUIREMENTS Executive summary (250 words maxThe local p atomic number 18ntage has problems and weaknesses in running its operations The raw gross gross gross revenue is non put down in the books sometimes . The barters some atomic number 53 approves both reference work gross revenue and gross revenue ignores without the knowledge and consent of the interpose proprietor . The true operation is found to be wanting in call of information , inventory , transportation , and location . thither are many suggestions to improve the results of operations and financial location of the investment company . The follow paragraphs show that the high society must forthwith action in to increase the sales and decrease the fraternity costs inside the officeINTRODUCTIONBrigham , E , Gapenski , L , Financial strike , Dr yden Press , London pp . 21 -48 Define the operation and the linguistic context ( assembly line unit ) in which it operates The local merchandising store hither in London is owned and run by bod twelve level school dropout . Items are remove and the sales soul sometimes does non give positive avail and /or sales invoices for items purchased . Further , the sales sales shop assistant 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 , there is always a famine of stocks because the furbish up provider is often delayed in delivery evidently , the sales somebody is the same psyche who receives stocks from the suppliers (Brigham , 1985 pp .21-48BODYItems are sold and the sales person sometimes does not give official returns and /or sales invoices for items purchased . at that place is a immense temptati on for the sales person to sackful the sale! s capital because he did not field of control official receipt . also , government taxation agencies take care it illegal for companies not to issue official receipts .

And , there is strong hap that the sales person may not discipline 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 computer address requests of the customers based on the frequency of the customer s visits . The sales person should not be permit to approve faith because he is also the sa les person . This is what is called in auditing circles as inconsistent functions where the sales person should not also be the credit approving person . For , the sales person may report the sales at a ten share 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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