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Clearwater Hampers
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson, Peter Austin, is preparing the approach he will use during his first sales call on the CEO of Diamonite, a company that specializes in designing, manufacturing, and installing aircraft interiors for executives and heads of state.
-Austin enters the CEO's office with a small basket of cheese,wine caviar,and other luxury food items for the CEO to enjoy later.What type of an approach is Austin using?
Invoice Approval
The process of reviewing and verifying an invoice before it is paid to ensure that the charges are accurate and the goods or services were received.
Petty Cash Reimbursement
The process of refilling the petty cash fund to its set level after its funds have been used for small, incidental expenses.
Journal Entry
A record in accounting that represents a transaction with debits and credits documented in the appropriate accounts.
Streamline
To simplify or eliminate unnecessary steps in a process to increase efficiency and improve performance.
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