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

The implications of the efficient markets hypothesis, QUESTION (a) Expl...

QUESTION (a) Explain and discuss the implications of the Efficient Markets Hypothesis for the financial management of quoted companies (b) "One of the characteristics of an

Derive and explain the capital market line, QUESTION (a) Derive and exp...

QUESTION (a) Derive and explain the Capital Market Line. Make and state all necessary assumptions (b) Explain clearly how you would test for- (i) the size effect (ii)

What is competitive strategy, QUESTION 1 One of the key questions in de...

QUESTION 1 One of the key questions in determining the company situation analysis is to find out the firm's resource strengths and weaknesses and its external opportunities and

Construct a cedar eee analysis for an event, Question 1: You are to set...

Question 1: You are to set up your biggest conference room for a cocktail party for a renowned bank in Mauritius. The cocktail is scheduled to start at 19h00. However, the same

Total quality management , T otal  Quality Management (TQM) It ...

T otal  Quality Management (TQM) It is developed by W. Edwards Demming TQM is a series of business practices designed to monitor the quality of production throughout al

Operations strategy, describe the impact of operations strategy at differen...

describe the impact of operations strategy at different levels within the organization.

Identification based trust and calculus based trust, Question 1 Differe...

Question 1 Differentiate between identification based trust and calculus based trust. Question 2 M. Thomas, the Managing Director of a company has recently attended a w

Document selection - library management system, DOCUMENT SELECTION: Yo...

DOCUMENT SELECTION: You have seen that acquisition work includes three distinct phases of activities. Document selection is the first phase. There are two aspects in document

Interactions affect management, QUESTION 1 While managing institutions,...

QUESTION 1 While managing institutions, managers have to deal with four variables (a) Identify and briefly describe these four variables (b) Using a concrete example expl

The principles of job design, QUESTION 1 Business policy aims to meet t...

QUESTION 1 Business policy aims to meet the organisation objectives by maintaining or increasing market share and diversifying or with meeting any financial, political or statu

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