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What the difference between the lateral relationship and a line relationship?

a lateral relationship is where every one involved is equal, for example the finance manager and the HR manager. A line relationship would exist between the finance director and the finance manager. Hope this helps, I know there are int2 business prelims next week.


What is the relationship between purchasing department and finance department?

The purchasing department and finance department have a close relationship within an organization. The purchasing department is responsible for acquiring goods and services needed by the company, while the finance department manages the organization's financial resources. The finance department works closely with the purchasing department to ensure that purchases are within budget, approved, and align with the overall financial goals of the company. Effective communication and collaboration between these departments are essential to maintain financial stability and operational efficiency.


What is the relationship between finance and retail?

-Finance in Retail goes hand in hand , The relationship is simple, one needs money to buy something, same is with retail. Without finance retail would not work . To retail any product you need to buy it in bulk this is where finance walks in ...Preet SinghFinance helps give the ability to consumers who otherwise may not be able to purchase products with currency from a retailer to purchase the products through financing institutions allowing the retailer to be paid in full.


What is the relationships finance and purchase department?

The relationship between Finance and Purchase Depatment is intertwined. Unless the orgnisation is having a sound financial base, the activity of the Purchase depatment is bound to get affected. In normal circumstances, every purchase decision is to be sanctioned by the Finance Department, in the form of full/partial release of fund.


Compare and contrast debt finance and equity finance?

similarities between equity n debt finance

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Whats the relationship between Finance, people and marketing?


What the difference between the lateral relationship and a line relationship?

a lateral relationship is where every one involved is equal, for example the finance manager and the HR manager. A line relationship would exist between the finance director and the finance manager. Hope this helps, I know there are int2 business prelims next week.


What is the relationship between HR and finance?

`i think flange is what you need son


What are the similarities between public finance and private finance?

Public finance is a branch of economics that deals with the expenses and revenues from government to government in the economy whereas private finance deals to income and expenditure by the private sector. For more information check out the source below.


What is the relationship between finance and banking?

How apply pol sci in banks


Relationship between the human resources department to finance?

There is a direct relationship between the human resources and finance departments. Finances are used to run the human resource which is tasked with the role of ensuring that more revenue is generated into the company which makes the two departments interdependent.


The Changing Role of Government and Public finance?

how can effect the changing role of the government to public finance


Which is more risky between running finance and term finance. and why.?

Which is more risky between running finance and term finance. and why?


What is public finance law?

Public Finance is the study of Government activities and how the Government finance those activities.


What the relationship between Economics and banking and finance?

Banking finance is a part of economics which is backbone of any countries economic growth, monetary stability and helps countries to become underdeveloped to developed and powerful too.


Meaning and scope of public finance?

Essentially public finance is "finance deals with the government". "The scope of public finance is extends to government. expenditures, government revenue, public debt, and financial management."


Who is the Minister of Finance for Bosnia and Herzegovina's Federal Government?

Ante Krajina is the Minister of Finance for Bosnia and Herzegovina's Federal Government.