Explain departmental company ?
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Department income & expenses. Depending on the size of the companyand the types of departments into which it's organised, departmentsmight have their own income from sources such as sales, recruitment, purchasing or accounting, for example.
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A Departmental Company which manufactures its products in various Departments . There can be 'Production Departments' and 'Service Departments' For Eg, In a shirt Manufacturing Company, there can be various Departments like this. Production Departments : 1)Cutting Department :where cloth is being cut 2) Stitching Department : where shirts are stitched 3) Packing Deparyment : Where shirts are packed in proper manner. Service Departments : 1) Canteen 2) Repairs and Maintenance Department 3) Research and Development Etc..
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