Identify and evaluate what additional information management need about existing and potential customers before finally accepting...

Identify and evaluate what additional information management need about existing and potential customers before finally accepting or rejecting the order.

Solutions

Expert Solution

Additional information the management will need about existing and potential customer before acceptance or rejecting the offer are as follows-

A. Management will be considering several fixed cost associated with acceptance of the order and it will be looking after whether the acceptance of order will be increasing fixed cost or not.

B. Management will also be looking upon various qualitative characteristics like relationship management and past relationship with these consumers.

C. Management will also be looking the overall capacity that will be required by the management to fulfill the order and the capacity which is available to the management to fulfill the order.

D. Management will also be looking the pricing policy and the price which are being offered by the customer whether they will be good enough to deal with production of product or not.

E. They will also be considering the risk of losing other business if the project has been rejected so there will be over all taking up on opportunity cost regarding acceptance and rejection of the product from a customer.

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

• Evaluate own performance and gather feedback to identify areas that need improvement or additional support

What does a bank need for information, evaluate the information value, and propose solutions to business...

What does a bank need for information, evaluate the information value, and propose solutions to business problems (e.g. lack of an integrated information system) or the improvement of business operations (e.g. Fintech).

1.What information would you need before advising your supervisor about future purchase requirements? 2. Outline the...

1.What information would you need before advising your supervisor about future purchase requirements? 2. Outline the advice you would give to your supervisor about the situation with the product line. 3. Are there any legislative requirements to take into consideration? 4. What recommendations would you give to improve organisational procedures for record keeping? 5. Describe the different ways in which your supervisor could present your report contents to relevant stakeholders within the organisation.

What are the most important information that i need to know before investing in a stock.

what facts does the lawyer need to know about the corporation and its shareholders before deciding...

what facts does the lawyer need to know about the corporation and its shareholders before deciding to accept a job titel ( president of the board of directors )?

What Manufacturers Need to Know about Transfer Pricing”. Next, assess the major potential problems that a...

What Manufacturers Need to Know about Transfer Pricing”. Next, assess the major potential problems that a multinational firm could encounter when using negotiated transfer pricing instead of market-based transfer pricing. Provide one (1) recommendation to the firm on how to avoid these problems. Evaluate the validity of the accounting ethics of creating, initiating, or adjusting transactions to repatriate excess cash for multinational firms in transfer pricing decisions and suggest one (1) way that this practice may be implemented.

Define a "major customer" of a company. What information must be disclosed about the major customers?...

Define a "major customer" of a company. What information must be disclosed about the major customers? Why is the disclosure of this information important? Are the names disclosed? Should they be?

what important information about working with high risk groups should Nerelee know about before providing support...

what important information about working with high risk groups should Nerelee know about before providing support services in a person's private home

I need information on Venice Family Clinic and Identify trends in the prenatal program. what opportunities...

I need information on Venice Family Clinic and Identify trends in the prenatal program. what opportunities and challenges the trends might present to this organization and explain potential implications for the organizations mission

Rwanda crisis Economic - in this section, you will need to include information about what jobs...

Rwanda crisis Economic - in this section, you will need to include information about what jobs support the refugee home country’s economy. Is the increase in refugees depleting or negatively affecting the labor pool? Could it affect the economic health of that country in the future? If the refugees flee to neighboring countries, what affect does the influx of refugees have on their economy? Can refugees legally work in host countries? If they are in a refugee camp, what sort...

Subjects