Page 66 - E1 Integrated Workbook STUDENT 2018
P. 66
Chapter 5
1.3 Bureaucratic to market orientation
Traditional function of finance staff Modern function of finance staff
Transaction processing, i.e. Transformational role, i.e.
number crunching. contributing to the strategy and
business decisions and
Bureaucratic nature. focusing on value activities
such as outsourcing, offshoring
and BPR.
Market orientated, i.e. focused
on meeting customers’ needs.
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