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analysis of a company
How do you influence others even when the cause looks lost?
Ø Have you been able to get good results from difficult people? How did you manage it?
The selection process relies on application forms, interviews and selection centres. The company now operates competency based interviews. This is the process whereby applicants are asked to back up statements in interview with examples of personal experience, thus providing real evidence of their capabilities.
Finance.
The purpose of finance in Boots is to control the financial status of the business. The finance department allocate different departments through out the business different budgets an expect them to keep to their planned amount of income and expenditure. The finance staff would check regularly to see if they were meeting their target or not.
Boots Finance department therefore:
Ø Keep all financial records required by the organisation stating all the receipts and payments that have been made.
Ø Prepare financial accounts from the records.
Ø Monitor the income and expenditure of the different departments against their budget.
Ø Provide up to date financial information for managers about the business performance.
Ø Pay salaries and wages to the staff.
Ø Pay amounts owed to suppliers.
Ø Control the levels of debts owed to the company.
The activities of the Boots finance function are: -
Ø Preparing accounts.
Ø Paying wages and salaries.
Ø Obtaining capital and resources.
Finance job roles.
Job Title
Function and responsibilities
Financial Director
Giving advice to senior managers on the overall financial policy of the organisation. Overseeing the company budget. In charge of all the finance functions in the organisation.
Financial Manager
Managing the finance function and staff. Advising on financial resources.
Management Accountant
Producing continuous financial information for the management.
Wage Clerks
Assist the payroll administrator in the production of the salary/wage section.
Production.
The purpose of the production function in Boots is to manufacture good quality goods in which the consumer would be satisfied with.
Production in Boots therefore: -
Ø Manufacture goods in which the customers want.
Ø Do quality control checks on all items to make sure the products are at a good standard.
The activities for the production function in boots are: -
Ø Obtaining the resources required to produce good quality goods.
Ø Organising the resources to production