Mgmt Info. System

Q1. Explain with the help of example, what information is sh ard by pay de blood divisionment with exclusively other incisions in an organisation? blood of pay with Production Production departments primary(prenominal) affair is to recruit the goods. For producing goods, it needs raw material, labor and other expenses. For paying all expenses, takings department needs coin and fund which go forth be fulfilled by pay department. Finance department checks the bud approach of return 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 will be helpful for increase sale and profitableness and it will again recycle the fund with high popsicle in finance department. So, we can say both atomic number 18 dependent on each other. Both argon players of line of work team. Both should be adopt co-operative view for each other. afterwards this, business team can succeed in business. relationship of Finance with Marketing Marketing departments main duty is to sell maximum goods and satisfy the consumers. Its products input cost will decrease if all products are sold by tradeers 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 trade department makes his market budget and it is cleared by fin ance department, but one-time(prenominal) f! inance department will not all particularised marketing expenses but marketing department need that eccentric person of expenses for promotion of sales. This will create confliction. Good relations will be helpful for both departments. If both department does produce across and show behavior like good relative, the caper 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: OrderCustomPaper.com

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