Advantages of ordering procedure, Other Management

Advantages of Ordering procedure:

1)  Agents frequently allow a certain percentage of discount over the subscription rates of some periodicals where publishers do not offer any  discount to subscribers. 

2)  Agents get agency commission from most of the publishers which results in the saving of foreign exchange to the extent of 10% to 15%. 

3)  Payments are made in Indian currency. There is, therefore, no need to apply to banks for  obtaining bank drafts for  payment of subscriptions in foreign currencies. 

4)  Correspondence is restricted to one party, i.e., the agent concerned. 

5)  Expenditure on postage and correspondence work will be i: 'iced, if subscribed through an agent. 

6)  The agent will act on the subscriber's complaint  about "non-receipts"  and arrange for replacement or refund of a proportionate amount for missing issues.  

Posted Date: 10/25/2012 8:44:52 AM | Location : United States

Related Discussions:- Advantages of ordering procedure, Assignment Help, Ask Question on Advantages of ordering procedure, Get Answer, Expert's Help, Advantages of ordering procedure Discussions

Write discussion on Advantages of ordering procedure
Your posts are moderated
Related Questions
P Chart As against the      and R charts which deal with quantitative aspects, these charts deal with the attributes which are qualitative factors possessed by the data. An ex

Proposal or Renewal Sub System: Type                                         Web-based Application Role                                          Software Engineer Team s

Case let 1 M/s. ABC Ltd is a medium-sized engineering company producing a large-range of product lines according to customer requirements. It has earned a good reputation as a quic

Steps of Organisational Change Organisational change is characterised by a set of actions that may cause a strategic shift in its functioning or a change in processes, tasks an

Question 1 What do you mean by family business? Explain the family business life cycle Question 2 Describe the types of business policies Question 3 List and expla

QUESTION (i) Compare and contrast the Capital Asset Pricing Model (CAPM) with that of the Arbitrage Pricing Theory (APT) (ii) Asset A has an expected return of 25% and the r

Ascertaining Demand: Since demand is a basic factor in selection you have to develop a system for ascertaining the demand- Demand includes both expressed wants and unexpressed

Question 1 (a) Distinguish between "form" and "function" in language. (b) Language functions in many different ways. Identify and discuss the functions of language in s

Question 1 What do you understand by entrepreneurial finance? Explain the role of external investors in a firm Question 2 Elaborate the steps under pro forma analysis. Dis