The finance department participates in some certain activities such a recording the business transactions and finding out if Tesco is creating a profit or a loss

The finance department participates in some certain activities such a recording the business transactions and finding out if Tesco is creating a profit or a loss. For example, by checking a profit and loss account or a balance sheet. This implies that if the business has made a profit or a loss over a certain period of time (year). The picture below shows an example of a profit and loss account.

Human resources
Human resource is a plan which demands that a company should manage its workers in a way which is consistent with the aims of the business. The main purpose it to have a competitive advantage. A Human Resources sector is a serious element of employee good in most business, no matter how small. Human Resources administration is the term used to describe official systems planned for the management of people in an organisation.

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