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Business Awareness teaching and revision slides Student name

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2. Sources of Funding

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5. Role of the finance Function

How does the finance function contribute to the operation of the business?
The finance function will interact with all the other functions in an organisation, providing information to each of
them, and requiring information from them.

What are key functions of an organisation?

Operations/production Responsible for all activities involved in producing a product or providing a
service
Sales and marketing Responsible for promoting and selling products and services
Human resources Responsible for managing and supporting the workforce, including
recruitment, training, appraisal and pay
Information technology Responsible for setting up and maintaining all computer-based information
systems, including websites, email systems, computer hardware, and software
(including computerised accounting software)
Distribution and logistics Responsible for receiving, storing and handling raw materials, and storing,
distributing and delivering finished products and services

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