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Departments are functional units within the business such as sales,accounting,finance,and marketing.
The basic principles of organization do not differ significantly from firm to firm.As firms grow,they usually develop a system with division of labor and specialization,and then proceed to departmentalize - create departments that produce specialized tasks for the business.
Monthly Sales
The total revenue generated from goods or services sold by a business within a month.
Variable Expenses
Costs that change in proportion to the activity of a business.
Sales
Revenue generated from the sale of goods or services to customers.
Fixed Expenses
Costs that do not change in total regardless of changes in the volume of production or sales.
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