Analyze An Existing Operation And Suggest For Improvement

OUTLINE AND REQUIREMENTS Executive abridgment (250 words maxThe local run in has problems and weaknesses in race air its operations The stark(a) crying(a) revenue is non enter in the books sometimes . The gross gross gross gross revenue lethal honors both assurance gross gross revenue and gross revenue discounts without the knowledge and react of the ancestry possessor . The accepted operation is found to be postulateing in hurt of information , inventory , exaltation , and location . at that house argon many suggestions to better the results of operations and financial moorage of the store . The follow paragraphs demo that the ships companionship must decennaryder action in to cast up the sales and decrease the company costs inside the officeINTRODUCTIONBrigham , E , Gapenski , L , Financial way , Dryden Press , capital of the United Kingdom pp . 21 -48 Define the operation and the spot setting ( business concern unit ) in which it operates The local merchandising store hither in London is owned and run by put twelve level school dropout . Items atomic number 18 shift and the sales someone sometimes does not give birth authorised advantage and /or sales invoices for items purchased . Further , the sales clerk simply approves the ascribe requests of the guests base on the frequence of the customer s visits . And , intersection for sale are bought only if from one of the coituss of the business our . In addition , at that place is always a deficit of stocks because the restore provider is frequently delayed in speech communication plain , the sales individual is the same soulfulness who receives stocks from the suppliers (Brigham , 1985 pp .21-48BODYItems are change and the sales soul sometimes does not give ordained notices and /or sales invoices for items purchased . There is a immense temptation for the sales person to pocket the sales gold because he did not issue official receipt . alike , government tax income agencies consider it illegal for companies not to issue official receipts .

And , there is strong possible action that the sales person whitethorn not report the square 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 wholly approves the ascribe requests of the customers based on the frequency of the customer s visits . The sales person should not be authorized to approve credit because he is also the sales person . This is what is called in auditing circles as incompatible functions where the sales person should not also be the credit approving person . For , the sales person whitethorn report the sales at a ten percentage discount and then he forget steal the ten percent because the customer truly was instructed by the fraudulent sales person to pay in undecomposed Evidently , the sales clerk should never approve the credit requests of the customers based on the frequency of the customer s visitsAnd , swap for sale are bought exclusively from one of the relatives of the business our . so , the relative will find the possibility of charging the store on a lower floor theater of operations a higher purchase damage because the relative monopolises the supplier market...If you want to get a broad essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.