Wednesday 13 September 2017

Financial Records

My adult duties of financial manager vary with their specific title, which include controller, treasurer and finance officer, credit manager, cash manager, and risk and insurance manager. My adult direct the preparation of financial reports that summarize and forecast the Shell UK LTD financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. My adult also is in charge of preparing special reports required by regulatory authorities. Often, my adult oversee the accounting, audit, and budget departments.

Pricing policy

Local competition will have effects on my business. I cannot price my food at a price that is too high because the customers would begin to use the service provided by the competitors. As my business is more a less selling the same goods as the competition I would consider the price to be the same this is due to the fact that consumers look for quality. So I will be using competitive pricing method. My main objective is to make a profit and that depends on the level of price I charge and the competition I will face.