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

Definition of periodicals department, Definition: A periodical is defi...

Definition: A periodical is defined as "a publication issued in successive parts usually at regular intervals and as a rule intended to be continued indefinitely" by A.L.A. Gl

Explain the concept of synergy, QUESTION 1 (a) Explain the concept of s...

QUESTION 1 (a) Explain the concept of synergy (b) Using examples, discuss the main areas/sources of potential synergy when two companies merge (c) What are the problems i

Management accounting, #question.classifications of cost for planning.

#question.classifications of cost for planning.

Steps literature search, STEPS LITERATURE SEARCH  There are many point...

STEPS LITERATURE SEARCH  There are many points to consider in making an effective literature search. The first and foremost step is to ascertain the purpose, scope, depth and

Importance of branding, Question: The branding strategy adopted by any ...

Question: The branding strategy adopted by any organization today is very important to be able to maintain or gain competitive edge over its competitors. (a) Define brandin

What are the basic components of inventory, Question: (a) What are the ...

Question: (a) What are the basic components of inventory? (b) Name the steps for finding the optimum inventory. (c) What are the assumptions for the Economic Order Quanti

Organizational management, 1 list the various reasons in organization xyz w...

1 list the various reasons in organization xyz which lead to its development

Describe the concepts of sustainable development, Although tourism has brou...

Although tourism has brought economic benefits, it has significantly contributed to environmental degradation, negative cultural and social impacts and habitat fragmentation. Tour

Key concepts of management in six sigma, K e y concepts of management ...

K e y concepts of management The Key concepts of management in Six Sigma are Critical-To-Quality (CTQ), defect, process capability, variation, stable operations and Design Fo

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