The finance department take part in activities such as recording the business transactions

The finance department take part in activities such as recording the business transactions, finding out if Tesco is doing good or bad financially and if they are making a profit, also making sure that there is enough money to pay off any debts and invest in new developments to make more profit. Tesco also compare the finances form previous years to todays situation. For example by using a profit and loss account. Functional area means how Tesco operates inside or outside the business and the different areas there are in the business. In Tesco there are teams of employees who have skills and expertise and work together to complete the aims and objectives of the business. They obtain raw materials from the approved supplies such as: Japan, the USA, Germany, Sweden and France and these are the main suppliers for Tesco. Then they check the packaging and storing the end product and they also arrange distribution. Functional areas of a business mean that there is a special job or role in one area of the business. The main functional areas of Tesco are:

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