StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Safegurads and Controls - Essay Example

Cite this document
Summary
The business envisages to meet the demands of the societys bottom line by funding a part of the profits to literacy programs and support the cause for a sustainable…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Safegurads and Controls
Read Text Preview

Extract of sample "Safegurads and Controls"

Safeguards and Controls The vision of Alans used book store includes their social responsibility while purchasing and selling used books. The business envisages to meet the demands of the societys bottom line by funding a part of the profits to literacy programs and support the cause for a sustainable environment and thereby to create a better world. Alans used book business also envisages selling used books to offer funds for a reading facility at the regional community center. The social responsibility of Alans used book store further branches out to the entire world through their retail presence on the internet.

The used book store envision to promote literacy through their funding for education improvement programs by buying books that people do not want, find buyers and fund the proceeds for social cause. Used books are usually collected through campus collection from universities and colleges and from donation initiatives and discard of Libraries. Online services enables the store to distribute used books to a wide range of people globally, nationally and locally, who are in need of free books in underdeveloped countries.

Alans used book store gives importance to save million of tonnes of paper waste for recycling rather than using it for landfills. The book store also envisages collecting voluntary funds from customers at exit point to fund reforestation programs and renewable energy credits (Profits with Purpose: Better World Books).Books should be handled with care while arranging them in shelves and moving it to make place for new arrivals. The dust jackets usually get damaged when moving books. Further books should be stored in a systematic manner to avoid theft and to locate books quickly.

Books have to be categorized and numbered and stocks should be taken at regular intervals to keep a check on the number of sold items and the number of new arrivals. Proper accounting with details of the book will enable the business to identify books that sell fast and books that do not sell quickly. Books should not be stacked in the shelves; instead it should be placed in a stand up position. This reduces damage to books and offers ease to handle books and prevent the probable damage while taking a book from the bottom of a stacked row.

Books should always be placed on the shelves. Books should not be place on the floor since it may contact moisture. Books will get faded and pages will turn yellow if it is exposed to direct sunlight.Risk managementAlans used book store proposes to manage risk by purchasing books from users that are mostly sought after by customers. This leads to the movement of inventory and reduces the risk of lesser sales. Books should not be purchased from users just for the sake of buying. A proper evaluation and prospective customer demand should be assessed before purchasing a particular book.

The resale value of the book should also be assessed before spending on the purchase of a used book.Policies and procedures should include the maintenance of proper database to monitor the purchase and sale of books, track prices, upload new books online, ship orders on time, routine cleaning of books before shipment, send them by post and address the shipment correctly. A systematic method for these procedures will reduce the consumption of time in the long run. Safety: Books shelves should be placed out of reach of children.

A book shelf may turn fatal even if it falls on an adult. Books shelf should be placed on strong floors and fixed to the floor if it is high and holds several racks (Online Bookselling).Personnel policiesEmployment at a used book store is an expensive affair because the employer has to cover a lot of expenses like social security tax, health insurance, federal tax, employee theft and perhaps shoplifting as a remote case. However, the employment of personnel should be effected only after finding a sincere and efficient person since it is very important to handle used book customers with care, diligence and the management of a store requires perfect aptitude in managing both people and books in a perfect manner.

This turns a simple affair in the case of online store because there is more control on the movement of stock and the job profile is restricted to the management of stocks (Online Bookselling).Customer service begins once the customer enquires about the book. It continues even after the book is shipped to the customer because a problem may arise after the receipt of the book for various reasons. The solution to handle customer issues is to handle them consistently with a focused and cordial approach with a positive and clear attitude.

A good rapport with a satisfied customer ensures future business prospects (Selling Used Books Online).ReferenceOnline Bookselling. Available: http://books.google.com/books?id=lwrJ8aVetZ0C&pg=PA11&dq=used+book+business&lr=&as_brr=3#PPA26,M1Profits with Purpose: Better World Books. Available: http://www.fastcompany.com/social/2008/profiles/better-world-books.htmlSelling Used Books Online. Available: http://books.google.com/books?id=LD7DDVCrp0kC&pg=PA134&dq=used+book+business+%2B+customer+service

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Safegurads and Controls Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Safegurads and Controls Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1549808-safegurads-and-controls
(Safegurads and Controls Essay Example | Topics and Well Written Essays - 500 Words)
Safegurads and Controls Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1549808-safegurads-and-controls.
“Safegurads and Controls Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1549808-safegurads-and-controls.
  • Cited: 0 times

CHECK THESE SAMPLES OF Safegurads and Controls

Role Of Safeguards In Strengthening Independence

The auditors commit and ensure that the independence is measured and only the acceptable level of dependency is executed.... The paper "Role Of Safeguards In Strengthening Independence" discusses the independence of the auditors as one of the major concerns for ensuring quality audit services.... hellip; The policies should be such formed so as to affirm the independence of the auditors with the client and that the auditors are not influenced by the client....
4 Pages (1000 words) Essay

Issues Related To The Auditor Independence

The auditor is expected to monitor the integrity of the financial statements, review the internal financial controls, review the effectiveness of the internal audit department, and provide non-audit services while considering the ethical guidelines concerning the auditor's work.... Independence cannot be absolute since the auditor is appointed, and paid by the client....
4 Pages (1000 words) Research Paper

Recommendation on Internal Control for Purchases, Payables, and Payments

hellip; Aside from examining the viability of these existing controls, this paper will discuss the strengths and weaknesses of the procedures adopted by the company.... The internal audit activity evaluates the adequacy and effectiveness of controls that encompass the organization's governance, operations, and information systems (Arens, Loebbecke, Lemon, & Splettstoesser, 2006).... There are two identified types of controls, Preventive and Defective controls....
13 Pages (3250 words) Essay

Risk Assessment and a Risk Management Process

Assets may include but are not limited to, personnel, hardware, software, data (including classification of sensitivity and criticality), facilities, and current controls that safeguard those assets.... This essay explores the risk assessment measures that are taken beforehand so that whenever an issue arises the team is prepared to take steps....
5 Pages (1250 words) Essay

Conflicts between Public Auditor and CFO on Internal Controls

Moreover, the ways through which the potential conflicts can be… The internal controls of the company are seen as the “primary line of protection” in order to mitigate the insufficient governance and control of the financial reporting function as well as the detection and prevention of fraud The public auditor, whose primary job is to give an opinion on the financial statements of the company after necessary examination of the statements, also places his reliance on the internal controls established by the management of the company to prevent, detect and mitigate the events of frauds and errors which may lead to erroneous financial reporting and deception of the shareholders....
5 Pages (1250 words) Case Study

Internet Sharing of Files, and HIPAA Regulations

The Security Rule mandates medical facilities to implement audit controls, so as to record and vet staff accessing information systems containing PHI (Lyer, Levin & Shea, 2006).... A paper "Internet Sharing of Files, and HIPAA Regulations" outlines that Picture Archiving and Communication System, which play a critical role in the diagnosis process, are designed to enable physicians to access digital images emanating from diagnostic tests or analysis....
2 Pages (500 words) Research Paper

HIPPA Compliance

The paper discusses what Security Rule measure each corrective action element falls under and why and for each of the “5” corrective action elements mentioned in the real world case, discusses where these corrective actions fall within the Security Rule requirements and why.... hellip; This paper tells that the first offered corrective measure undertaken by Providence Health and Services that involves the revision of policies and procedures on physical and technical safeguards falls directly under § 164....
4 Pages (1000 words) Research Paper

Safeguarding Forests and People

In the paper “Safeguarding Forests and People” the author provides a theoretical perspective in terms of the background information on the formation of the REDD+ safeguards design in the respective countries.... Specific focus is brought up with reference to countries.... hellip; This report seeks to support the safeguarding process through the provision of a framework that defines the components of the robust national system....
9 Pages (2250 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us