Advantages of ordering procedure, Other Management

Assignment Help:

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.  


Related Discussions:- Advantages of ordering procedure

Basic materials handling principles, Basic  Materials Handling Principles ...

Basic  Materials Handling Principles 1.  Lest Handling  is Best Handling: it is  best to keep  the handling  cost of the  minimum  because  handling  does not add value  to

Describe the types of business policies, Question 1 What do you mean by fa...

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

What do you understand by the term conflict, QUESTION 1 A team is a sma...

QUESTION 1 A team is a small number of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mu

Strategy-implementing and strategy-making value, S t rategy-Implementing ...

S t rategy-Implementing and strategy-making value The CoP gives value through the ability to develop the new strategies as well as implement the existing ones. The CoP, on th

Rung process, RUNG PROCESS   In a library we classify and catalogue a b...

RUNG PROCESS   In a library we classify and catalogue a book after it is acquired and entered in the Accession Register. After cataloguing the book, the entries will be filed i

Explain the hawthorne studies, Question: There is no one specific metho...

Question: There is no one specific method of categorizing organization theories. However, it is generally accepted that: (a) The Type 1 theorists, also known as the classica

Explain security risk management process, Question: a) Describe why the...

Question: a) Describe why the following security measures are important for e-banking and how are they implemented? (i) Data Confidentiality (ii) Data Integrity (iii) Aud

Transform the organisational resources, Question "Schools are open soc...

Question "Schools are open social systems with five important elements which are used to transform the organisational resources into educational outcomes" (a) Describe the

Interval measurement - levels of measurement, Interval Measurement: It  i...

Interval Measurement: It  is a  scale based on equal units of measurement indicating how much of  a given attribute is present  in the subject. It exhibits equal differences  ia

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd