Business Studies, asked by Faridajamali69, 8 months ago

Organizational structure of Finance department​

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Answered by dharshu532
1

Answer:

Functional structure Under functional structure, an organisation is divided into different departments or units on the basis of major functions performed. All departments report to a coordinating head, e.g. in a manufacturing concern the key functions will include production, purchasing, marketing, personnel, etc. This structure tries to achieve high level of specialisation by grouping similar jobs together.

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