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Fundamentals of Business Law - Bills of Exchange

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Fundamentals of Business Law - Bills of Exchange
Chapter One | |
|Office Organisation |
| | |
|1.1 |WORK OF KEY DEPARTMENTS |
| |Examples of Key Departments: |
|1.1.1 |Finance and Accounts Department |
| |The finance/accounts function comprises 2 related roles/elements: |
| |to ensure that the business is able to record the financial costs and revenues related to its business activities |
| |to provide managers with information which enables them to have a clearer understanding of the financial implications of any|
| |management decisions |
|1.1.2 |Production/Operation Department |
| |The role of the production function is: |
| |to ensure that the business produces its output as effectively as possible within given timescale and resources |
| |that the output of goods is in sufficient quantities and of the right quality to meet sales orders. |
|1.1.3 |Marketing and Sales Department |
| |The Sales

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