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Hi,
With the divisional structure, is it possible to operate financial function centrally, while other function such as HR, Sales ad Purchase operate decentrally?
For example,Product X and Y has their own HR, Purchase and Sales departments while the Finance function looks after both X and Y.Could you please describe this?
Thank you
SarasiYes, that is very possible. Similarly a company could have one IT department looking after several divisions.
The name for this type of arrangement is ‘shared services’ ie all departments can share use of a single source of expertise and resources.
Sorry for the delay in replying.
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