Question
During 2009, Solar Power Inc. entered into an arrangement with Solutions Co to distribute its RHP-1 product in all of Solutions retail stores. The contract
During 2009, Solar Power Inc. entered into an arrangement with Solutions Co to distribute its RHP-1 product in all of Solutions retail stores. The contract specifies the following: a) Solutions Co will have some product on hand for demonstration purposes, which will be given at no cost; b) once the customer decides to make a purchase, Solutions will be required to remit to Solar Power Inc. on the date of invoice 85% of the sales proceeds, it may retain 15%. Solar Panel Inc. will ship the product directly to the customer's home and install the product., If requested by the customer.
What are the issues and recommendations for this?
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Issues Solar Power Inc will not be able to get in contact with the customers directly Therefore there is no way to build loyal customer relationship T...Get Instant Access to Expert-Tailored Solutions
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Financial Accounting in an Economic Context
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