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Accounting

Accounting is the work or process of keeping financial records. It is the systematic recording, reporting, and analysis of the financial activity (transactions) of a business or organisation. In business, it allows companies to analyse their financial performance. Additionally, accounting allows businesses to examine their results regarding profits, losses, productivity, sales trends, costs, etc.

https://marketbusinessnews.com/financial-glossary/accounting-definition-meaning/

Sales

https://youtu.be/WCYWAKJ256w

Human resources

The human resources (HR) department is responsible for all policies and processes relating to the people employed by a business. To help the business achieve its goals HR has to make sure it employees the right people with the right skills, treat them consistently and fairly, and has a supporting framework to drive and deliver the required level of performance.

Marketing

https://www.youtube.com/watch?v=VmK794eLKRQ&feature=youtu.be

Operations

Operations transform resource or data inputs into desired goods, services, or results, and create and deliver value to the customers.

http://www.businessdictionary.com/definition/operations.html

Simon Ranford

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The human resources department handles many necessary functions of your business. It is instrumental in providing labour law compliance, record keeping, hiring and training, compensation, relational assistance and help with handling specific performance issues
- David Crimlis
https://smallbusiness.chron.com/key-functions-hr-department-31206.html

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Operations function involves bringing together raw materials and production process to make the products that the consumers want. Operations also involves sharing ideas within the company with a view to improving processes ultimately saving costs. Benefits of operations function are immense and include increase in efficiency as well as the management of health, safety and environmental issues.
- David Crimlis
https://www.techbullion.com/understanding-key-internal-business-functions-business-organization/

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Operations:

Operations is responsible for providing operational reports on wastage and machinery production. Operations targets the roles for keeping check of potential risk, operational effectiveness and efficiency states and reports them to the management team, for decision making. They produce a product or deliver a service.

https://www.investopedia.com/terms/o/operations-management.asp

Human Resources :

HR are responsible for brand management and communications. HR portray signature brand  and reach out to other firms to creates contracts. HR often propose or supports assignments presented by other employees. Discussing projects internally and negotiates for contract conditions and resolving business affairs through effective communication to keep stakeholders updated.

https://www.entrepreneur.com/encyclopedia/human-resources

Marketing:

The marketing team that researches and deliver reports to the board of directors. Annes report identified political circumstances, social agenders, market demand, competitors analysis that all affect the business entity. Marketing compiles research including opportunities, growth and challengers that the organisation will eventually face. Marketing uses strengths and weaknesses of situations to estimate the chances of a product or services success. Marketing is essential for educating and defining the companies understanding of their external vulnerabilities and demonstrating a positive company image.

https://www.thebalancesmb.com/marketing-in-business-2948349

Sales:

Sales establishes a partnership with other businesses for company expansion and defining a positive relationship with the consumer base to increase sales. This ensures that sales figures will continue to grow or mature.

https://blog.oxfordcollegeofmarketing.com/2014/10/17/the-important-role-of-sales-in-an-organisation/

Accounting:

Financial teams deal with the company by planning and analysing accounting records to determine how and when financial goals can be accomplished. Accounting creates financial estimates and recommendations based on stability, cost, savings, profitability and investment. Accounting organised compulsory financial summaries for external parties and shareholders.

https://smallbusiness.chron.com/role-accounting-business-459.html

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marketing involves looking at the business from the perspective of customers therefore helping lead it to where it should be in future. It involves directing the business to groups of customers, segments and channels where it can compete profitably. Marketing helps the business to determine where it should its product offerings and pricing to meet the needs of the customers. In other words, marketing deals with the creation of the right environment for sales to occur.
- David Crimlis
https://www.techbullion.com/understanding-key-internal-business-functions-business-organization/

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The main purpose of accounting is to keep financial records. Monetary information including salaries, operating expenses, capital expenditures, donations, cash flow, investments and utilities must be tracked at least on a monthly basis. In the long run, the information captured periodically becomes a critical tool in determining the financial health and wealth of a business. the data collected is used in two ways. Managerial accounting which involves internal application of data in internal planning to ensure that the business continues running properly. The same data is also used in financial accounting which seeks to determine the value of an organization based on past data.
- David Crimlis
https://www.techbullion.com/understanding-key-internal-business-functions-business-organization/

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Sales involves selling what is in stock. A business organisation will have goods or services and the work of the sales team is to ensure they are sold to customers. Sales involves developing relationships with customers and channel partners and has short term goals that may be weekly, monthly or quarterly.
- David Crimlis
https://www.techbullion.com/understanding-key-internal-business-functions-business-organization/