You have prepared a quote for a customer for their wedding. The first quotation has a...
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You have prepared a quote for a customer for their wedding. The first quotation has a cost per person of $150 for a 3-course meal, the second is $200 for a 4 course meal and the third is $500 for 4 course meal plus drinks. The customer calls you the day after and has decided to go with the 3-course meal option. In this scenario you have 3 quotations and one confirmed sale. How would you manage your financial information management to separate quotations versus sales? As a manager would you need to review your staff quotes and success to convert to sales? You have prepared a quote for a customer for their wedding. The first quotation has a cost per person of $150 for a 3-course meal, the second is $200 for a 4 course meal and the third is $500 for 4 course meal plus drinks. The customer calls you the day after and has decided to go with the 3-course meal option. In this scenario you have 3 quotations and one confirmed sale. How would you manage your financial information management to separate quotations versus sales? As a manager would you need to review your staff quotes and success to convert to sales?
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Managing financial information effectively is crucial for any business In this scenario you have three quotations and one confirmed sale Heres how you ... View the full answer
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
Posted Date:
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