Disadvantages of ordering procedure, Other Management

Assignment Help:

Disadvantages:

When subscribed through an agent, it will not be possible to correspond with the publishers regarding the missing issues of periodicals in the absence of details of payment of subscription rates. It is necessary to check the subscription rates claimed by the agent for each and every title with the publishers rates which consumes the time and energy of the staff. The agents will not  be  able to know about the "non-receipt" till they are intimated by the subscribers, since the publishers supply the periodicals directly to the subscribers. Hence,  some, agents decline to undertake the responsibility of arranging replacements for the missing issues. There are case of some agents who have not remitted the subscriptions in time to the publishers leading  to 61, in  the supply of  periodicals and resulting  in incomplete volumes due to interrupted supply of some issues. Agents claim handling charges in case of periodicals published by learned societies and professional institutions, which do not offer agency commission. Institutions  will remain  in the dark  about the non-receipt of  subscription amounts by the publishers till they are intimated by the latter. The conversion rates for foreign currencies  claimed  by the agents have to 1: checked with the conversion rates circulated by the Good Offices committee from time to time. There are cases of subscription agents who create complications by refusing to take responsibility over claims for missing issues in violation of the agreement. In such cases the execution of the agreement is no remedy unless supported by a security deposit. The subscription agent has to be appointed after calling for quotations and selecting the lowest. The work involved in calling for quotations and appointing the agent will take much time resulting in the delay of payment of subscriptions which can affect the regular and prompt supply of periodicals. Changes in the administrative setup aw subscription agents cause  interruption and some-times complete stoppage of supply.  


Related Discussions:- Disadvantages 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

Participative management, Participative Management Umbrella term encomp...

Participative Management Umbrella term encompassing management methods where employees share a significant degree of decision-making power with managers. These include MBO, con

Describe the three steps model to change management, Question 1: (a) Th...

Question 1: (a) The planned change model as developed by Bullock and Batten (1985) proposed a four-phased model. Describe the different change phases and change processes asso

Levels of measurement, LEVELS OF MEASUREMENT: Measurement is the proce...

LEVELS OF MEASUREMENT: Measurement is the process  of assigning numbers  to  the variables. Ways  to assign these numbers include counting, ranking and comparing objects or ev

State two reasons for establishing a marcom plan, Question: (a) Th...

Question: (a) There are different types of advertising strategies adopted by Organizations in order to increase their sales force. The strongest advertising strategies

Write short notes on cost plus fee contracts, Question 1 Fixed price contr...

Question 1 Fixed price contracts have a preset price that the vendor must adhere to in performing the work and in providing materials. There are different kinds of fixed price con

Implementation of the project and assign a time frame, Government has decid...

Government has decided to construct a tunnel via le Pouce Mountain to provide an alternative access to Port Louis for road users coming from the east. Assuming that roads on both s

Steps for force account , Steps for force account  Now that we are awar...

Steps for force account  Now that we are aware of the requirements for force account contracting, let us understand the steps involved in force account contracting:  1.  Est

The quick slice approach, QUESTION 1 What are the main steps involved i...

QUESTION 1 What are the main steps involved in implementing S&OP as part of an ERP implementation? QUESTION 2 The ERP project schedule is the basic control tool used to

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