RECOMMENDATION

Biovail have face serveral problems and their performing is poorly. Based on our
study, we recommend Maris that:
a) Manage the risk management properly so that can avoid from the uncertainty risk.
b) Make an analysis and expertise to know the current situation of the company.
c) Should identify the effect of the truck accident and take the necessary action to
avoid the accident happen.
d) Should have an audit on financial statement of the company and make sure the
company have comply with the rules and regulation.
e) Discuss or enquiry with the management department to know the workflow and the
process of the company or the industry.
f) Biovail should use the FOB Delivery because the contract already changes the FOB
Starting Point to Delivery.
g) Biovail should not recognize the revenue because they use FOB Destination where
it only can be recognize when the responsibilities of the goods been transfer to the
buyer.