Salma Ahmed
English Lit. GCSE Student
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information internel / external
- Words:
- 981
- Submitted:
- Tue Oct 07 2008
- Mark submitted by Author:
Have a little read: ... Unit 3 Information systems Define / explain the difference between internal and external functions within an organisation. Internal functions can have many definitions this I because there are many factors which relate to this topic. A company functions internally when it makes certain of its developments e.g. using its finance system for many different reasons such as: * Sales Operations * Human resources * Marketing purposes * Purchasing or Designing Without using external financial resources the organization may be unable to ensure Health & Safety at work and be able to pay VAT, tax and National Insurance. This meaning that a company will be breaking the law. Internal financing and external financing are both extremely important to the business, Even if internal financing is favoured by the company, internal financing can become harmful when it is used abusively. Its cost being zero, internal financing can encourage not very cost-effective investment projects. Internal functions include: *
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