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Functions

The Key Functions Of The Finance Department In A Company

Last Updated on October 20, 2020 By Denis Woods Leave a Comment

The Key Functions Of The Finance Department In A Company

The finance department is like the backbone of an enterprise. It holds everything together through effective accounting and statistics that keep everything in check. In a company, the finance department has multiple responsibilities. The primary responsibility we believe them to hold is bookkeeping, but they are also responsible for assisting managers in making and updating their strategic decisions.Financial and Strategic PlanningAn essential task of the finance department is concerned … [Read more...] about The Key Functions Of The Finance Department In A Company

Filed Under: Banking & Finance Tagged With: business finance, Finance Department, Functions, Importance

Functions of Retailer

Last Updated on September 5, 2020 By Sheila J. Henry Leave a Comment

A retailer is the last link in the chain of distribution of consumer products. He brings the producer in close touch with the consumer. He is a part of the distribution mechanism which cannot be dispensed due to his following valuable servicesDistribution of GoodThe functions retailers perform are the consequence of the separation of distance, time and information between producers and consumers. All retailers are involved in assisting in the physical movement of goods and in effecting a … [Read more...] about Functions of Retailer

Filed Under: Commerce Tagged With: Functions, Retailers, Whole seller

Functions of Wholesalers

Last Updated on February 26, 2020 By Isaac Leave a Comment

The wholesaler is a link between producers and retailers. He may be said to provide the economic utilities of time, place and possession which may lead to economies in distribution. On the one hand he performs the services to manufacturers on the other retailers.Functions of Wholesales To ManufacturersFinancial AidWholesalers often supply a more direct form of financial aid to producers. Wholesalers will buy in advance of a season or will accept and store several shipments, paying … [Read more...] about Functions of Wholesalers

Filed Under: Business Tagged With: Functions, Retailer, Whole seller

Types of Business Functions

Last Updated on December 13, 2020 By Lisa C. Townes Leave a Comment

business functions

Every running business is backed up by various shown and hidden functions helping it generate sales and earn revenues. These Business functions or tasks usually vary in different businesses but overall they are the same from production to qualify sales.10 Different Types of Business FunctionsIf you are new to business world and thinking to start profit generating business in your area or somewhere in world, there are many but 10 most important things to consider when starting a new … [Read more...] about Types of Business Functions

Filed Under: Business Tagged With: Functions, Roles and Duties, Types

The Primary 4 Functions of Management – Planning, Organizing

Last Updated on February 20, 2020 By Lisa C. Townes Leave a Comment

4 functions of management

Management sciences have proven its importance in every part of life no matter who you are, a worker at some organization or owner of the organization you must have a good knowledge about management in order to be successful. Because whoever you are managing is always a part of your job. It is also one of the main Characteristic of Entrepreneurs.Management is known as a process involving the responsibility of economical and effective planning and regulation of the operation of an enterprise to … [Read more...] about The Primary 4 Functions of Management – Planning, Organizing

Filed Under: Management Tagged With: Functions, HRD, HRM, Roles and Duties

Personnel Management [ Functions, Importance, Objectives & Definitions ]

Last Updated on October 12, 2020 By Lisa C. Townes Leave a Comment

Personnel Management focuses on the administrative tasks of the organization along with the employee’s welfare and labour relations management. It is often considered as a sub-category of Human Resource Management. Few consider it to be the same as HRM but it is different from it.Personnel Management Definition by Different AuthorsEdwin FlippoPersonnel Management is concerned with procurement, development, compensation, integration and maintenance of personnel of organization … [Read more...] about Personnel Management [ Functions, Importance, Objectives & Definitions ]

Filed Under: Management Tagged With: Functions, HRD, HRM, Importance, Objectives, Personnel

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