Role and Importance of Different Departments in Morrisons

INTRODUCTION TO
BUSINESS STUDIES

EXECUTIVE SUMMARY
Business includes many different activities and departments which leads to the success or the
failure of the business. Thus, it is very necessary for the companies to be successful and for this
they have to maintain a coordination among all the different department of the company. This
includes many different departments which are like marketing, finance, human resource and
many others. the present report has discussed the role and importance of different department of
Morrisons. Further, it had a discussion on the team work and its importance for Morrison in
accomplishing the business objectives. Next it has highlighted the importance of financial
management that is the ability of the company in managing the finance of the company. This is
necessary because finance is the only resource which is behind the working of the company. In
the end the reporting of data relating to the company in form of profit and loss and balance sheet.

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Role and importance of different department.........................................................................3
Teamwork and importance of it.............................................................................................4
Financial management and its importance.............................................................................5
Reporting and its purpose.......................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7