Question

Which main standards are used in various functional areas?

Answer 1

Main standards used in various functional areas.are :

$\begin{array}{cc}\text{Functional areas}& \text{Standards used}\\ \text{Production}& \text{Quality, quantity, cost, individual job.}\\ \text{Markrting}& \text{Sales, volume, sales expense, advertising}\\ & \text{expenditure,sales person performance.}\\ \text{Human resource}& \text{Labour relations, labour turnover,}\\ & \text{labour absenteeism.}\\ \text{Finance and}& \text{Capital expenditure, inventories, flow}\\ \text{accounting}& \text{of capital liquidty.}\end{array}$