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All businesses need to be well organised to achieve their aims and objectives. Certain tasks, or functions, must be done regularly and these are usually grouped into specific types of activities. In a large organisation like Tesco PLC
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TESCO FUNCTIONAL AREAS All businesses need to be well organised to achieve their aims and objectives. Certain tasks, or functions, must be done regularly and these are usually grouped into specific types of activities. In a large organisation like Tesco PLC, people work together in functional areas. Each functional area has a specific purpose. Below are the main functional areas: Finance The main activities of the finance department are: * To record all the business transactions This means that they record in their schedule all the expenses that have been paid and all incomings. They also make sure that each department does not spend more than it has been allocated. * Measure the financial performance of Tesco This means the finance department look at how well or badly Tesco is doing financially. * To control the finances and cash flow so Tesco stays reliable. This means that they make sure that there is enough money in the...
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