Fly Away Luggage Shop is a small retail establishment located in a large shopping mall. This shop...

Question

Fly Away Luggage Shop is a small retail establishment located in a large shopping mall. This shop has implemented the following procedures regarding inventory items:
a. Whenever Fly Away receives a shipment of new inventory, the items are taken directly to the stockroom. Fly Away’s accountant uses the vendor’s invoice to record the amount of inventory received.
b. Since the shop carries mostly high-quality, designer luggage, all inventory items are tagged with a control device that activates an alarm if a tagged item is removed from the store.
c. Since the display area of the store is limited, only a sample of each piece of luggage is kept on the selling floor. Whenever a customer selects a piece of luggage, the salesclerk gets the appropriate piece from the store’s stockroom. Since all salesclerks need access to the stockroom, it is not locked. The stockroom is adjacent to the break room used by all mall employees. State whether each of these procedures is appropriate or inappropriate. If it is inappropriate, state why.

Robert · Accepted Answer

Fly Away Luggage Shop is a small retail establishment located in a large 
shopping mall. This shop has implemented the following procedures regarding 
inventory items: State whether each of these procedures is appropriate or 
inappropriate. If it is inappropriate, state why. 
a. Whenever Fly away receives a shipment of new inventory, the items are 
taken directly to the stockroom.

Fly Away Luggage Shop is a small retail establishment located in a large shopping mall. This shop has implemented the following procedures regarding inventory items: a. Whenever Fly Away receives a...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment