Accounting For Decision Making for Melbourne Chair -myassignmenthelp

Question: Discuss about theAccounting For Decision Making for Melbourne Chair. Answer: In order to focus on crucial aspects; secondary activities are outsourced to attain cost and efficiency benefit. Chair covers will be purchased from Melbourne Chair Covers as they are providing in reasonable cost along with the assurance of quality (Melbourne Chair Covers, 2017). They will negotiate the price as the bulk order is provided. Further, primary guests will be provided with Chandon with Australian Chocolates Nuts which will be purchased from Gift Hampers Online - Complete Australia Range as they are providing free delivery for attractive hampers (Gift Hampers Online - Complete Australia Range, 2017). For open entertainment, local music artists will be hired to entertain guest. In this way, they get exposure, and we will get entertainment at minimum prices. Balloon centrepieces will be purchased from nearby local shops to ensure that delivered pieces are as per expectations. By considering market costs; same is available in $15.00. Guests gifts will be caps, and it will be customised by considering event and hotel logo and name. It will be outsourced to Hatsonline as they provide a quality material with unique and attractive designs (Hatsonline, 2017). Food, beverages and event staff rate are already arranged by the hotel, so the cost of the same is added to the budget. It is assumed that provided cost is inclusive of GST. Entire cost plan is developed by considering provided a budget to assure financial feasibility in outsourcing strategy. References Melbourne Chair Covers. (2017). [Online]. Retrieved from https://www.melbournechaircovers.com.au/ Gift Hampers Online - Complete Australia Range. (2017). [Online]. Retrieved from https://www.thehamperemporium.com.au/gift-hampers Hatsonline. (2017). [Online]. Retrieved from https://www.hatsonline.com.au/