https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk UNIT 1: Business Finance en-us 2020-07-30 08:38:13 UTC 2026-01-10 10:23:29 UTC hello@padlet.com https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642867933 Communicate to the owners of the business the health of the organization, outline the future and possible opportunities for it and pave the way for further growth.

]]> 2021-07-09 04:07:16 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642867933 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868172 The finance department can contribute to the success of an organization by making strategies that will grow the company's overall finances. Having the skill to allocate your resources properly and in a timely manner will allow your business to flourish.]]> 2021-07-09 04:07:29 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868172 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868308 The finance department can contribute to the success of an organization by making innovative decisions to help the organization grow and be successful. Also, having the finance department in an organization can help avoid negative flow of funds.]]> 2021-07-09 04:07:35 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868308 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868331 The finance department contributes to the success of an organization by providing information to the company management to help them in making strategic financial decisions, they also ensure that cash is available for business operations.]]> 2021-07-09 04:07:36 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868331 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868535 The financial department provides the company management with information neccessary in order for them to make strategic decisions to help the business grow and expand and to learn from them mistakes.]]> 2021-07-09 04:07:47 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868535 sophiafoo https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868674 The finance department can contribute to the success of an organization by providing advice, planning to stabilize the company's finances. ]]> 2021-07-09 04:07:54 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868674 s2012154 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868753 The finance department ensures a company's stability and continuous growth since they are in charge of managing money. ]]> 2021-07-09 04:07:59 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868753 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868763 The finance department provides the company with essential financial information required to grow the organization. As well as providing financial expertise in what steps they must take in order to create an effective and efficient plans of action.

]]> 2021-07-09 04:08:00 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868763 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868831 In short, the finance department is responsible for overseeing the company's business performance, budget allocation, and the payment of taxes. They oversee how the company allocates its resources. Without the finance department, the company would not know much regarding their performance as a business and how their resources are being allocated. This can lead to many problems and even losses. They also try and find ways to minimize spending on taxes, legally. Allowing the company to minimize costs in that aspect as well.]]> 2021-07-09 04:08:03 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868831 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868899 They can help the company make good decisions with their money.]]> 2021-07-09 04:08:07 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868899 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868905 The finance department contributes to the success of an organization by providing pertinent and useful information necessary in brainstorming forward-thinking strategies, allowing the firm to make sound financial decisions that will lead to their growth. ]]> 2021-07-09 04:08:07 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868905 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868918 The Finance Department contributes by ensuring that the organization is on the right track in their business practices and as well as guiding the business in the financial aspect of organization. ]]> 2021-07-09 04:08:08 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642868918 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869067 The finance department can contirbute to the success of a business through regulating the businesses funds. It can also prosper the business through the use of financial instruments such as stocks, bonds and etc.]]> 2021-07-09 04:08:17 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869067 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869243 The finance department can contribute to the success of an organization because they are the one who finds ways to get funds and decides whether they can expand and open new projects for the organization. They manage the money according to the needs of the business.]]> 2021-07-09 04:08:27 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869243 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869262 The finance department can contribute to the success of an organization because knowing the business' financial condition can open different strategies that they can apply to further improve their business. The financial department can also help with budget plans or in allocating their resources for maximum financial efficiency, thus ensuring the success of an organization.

]]> 2021-07-09 04:08:28 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869262 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869716 Since the finance department is one of the important sectors in an organization, it can contribute through handling the performance efficiently and how to manage financial activities and ask the members which plan should we do in order to boost financial resources and avoid potential risks. It will make the organization more organized and well-thought in terms of finance.]]> 2021-07-09 04:08:51 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869716 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869816 The finance department contributes to the success of an organization, since the financial operations of a business is crucial to and greatly impacts its overall performance. Thus, effective financial management within an organization provides opportunities, resolves problems, and promotes growth for the maximization of the business' finances; which in turn, paves the way and sets direction for overall success within the business in all aspects.]]> 2021-07-09 04:08:56 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642869816 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870058 The finance department contribute to the success of an organization since they are reponsible for acquiring and properly managing the funds of an organization which is the most important in an organization, proper handling of funds to thrive. ]]> 2021-07-09 04:09:10 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870058 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870324 The finance department helps regulate and keep track of the finances of the organization. The finance department serves as the backbone of the survival of the business. Without the finance department, the organization's operation will be unstable and unreliable to the point where it becomes random in a sense. ]]> 2021-07-09 04:09:25 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870324 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870333 The finance department plays a significant role in the success of an organization. It manages the cashflow, journals, books, and budgets. This department ensures that the resources spent by the organization are proportionate to the revenue earned, so as to prevent a loss of income.]]> 2021-07-09 04:09:26 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870333 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870472 The finance department is responsible for efficiently using the company's budget to its full extent to ensure that the company is doing everything it can to achieve its goal]]> 2021-07-09 04:09:33 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870472 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870802 The finance department plays a vital role as they ensure efficient flow of money a control all financial activities for the business to flow smoothly. The organization’s performance is highly dependent on this department, otherwise, the business’ money won’t be managed well and could possible lead to some failures with the business’ performance.]]> 2021-07-09 04:09:51 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642870802 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642871452 It acquires funds and helps manage them and also helps make decisions that is best for the company.]]> 2021-07-09 04:10:17 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642871452 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642871747 The Finance Department can contribute to the success of an organization by being able to manage and handle financial resources well and use it to be sustainable and profitable. ]]> 2021-07-09 04:10:34 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642871747 https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642872818 With finance department, they can check  the flow of business’ money. It could also prevent loss of money and bankruptcy.]]> 2021-07-09 04:11:29 UTC https://padlet.com/jhoannabarrameda/c2d7u7c2c2f0o5gk/wish/1642872818