Page 349 - Business Principles and Management
P. 349
Unit 4
FIGURE 13-5 The owner of a small proprietorship might perform all
of the work.
Mr. Ingram
Credit and
Purchasing Inventory Advertising
Collections
Accounting
Pricing Sales
and Finance
FIGURE 13-6 There is a division of work in a partnership.
Mr. Ingram Ms. Kerr
Credit and
Purchasing Inventory Advertising
Collections
Accounting
Pricing
and Finance
Sales
FIGURE 13-7 In an expanding partnership, there is a further division
of work with a clear delegation of responsibility and authority.
Mr. Ingram Ms. Kerr
Assistant A Assistant B
Credit and
Purchasing Inventory Advertising
Collections
Accounting
Pricing
and Finance
Sales
336
