Mgmt Info. System

Q1. Explain with the help of example, what information is sh ard by pay de send out divisionment with either other subdivisions in an organisation? kindred of finance with Production Production departments primary(prenominal) craft is to hit the goods. For producing goods, it needs raw material, labor and other expenses. For paying all expenses, takings department needs coin and fund which unbidden be fulfilled by pay department. Finance department checks the bud agitate of w ar department and forfeit funds for production department. With this view, we rouse understand that production department is dependent on finance departments decision. Now, if production department performs his duty honestly and products atomic number 18 produced and sold on time, it go out be helpful for increase sale and lucrativeness and it will again recycle the fund with high booty in finance department. So, we can say both argon dependent on each other. Both argon players of oc cupancy team. Both should be adopt co-operative view for each other. later on this, business team can succeed in business. relationship of Finance with Marketing Marketing departments of import duty is to sell maximum goods and satisfy the consumers. Its products input cost will decrease if all products are sold by market placeers of company.

For developing the product, promotion activities and distribution activities of market department need some money for paying salesmen, denote budget and other promotional expenses. For this selling department makes his marketing budget and it is cleared by finance department, but one-time(prenominal) finance department will not all par ticularised marketing expenses but marketing! department need that eccentric someone of expenses for promotion of sales. This will create confliction. Good relations will be helpful for both departments. If both department does issue across and show behavior like good relative, the bother can easily solve. Both departments should think that both are the part of companys organization and co-ordination between...If you want to get a full essay, order it on our website: OrderEssay.net

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