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Money and business Unit 10 - Coggle Diagram
Money and business Unit 10
We can do a lot fo things with
money
Lend
to them
Cash in a cheque
Borrow from
a friend
Spend
it
Pay for
things
Save
it
How do you organise your money?
Bank account
with a cheque book
and a credit or debit card
Savings account
with no cheque or cards
fixed or variable rate of interest
Online banking
Cash machine to withdraw money
Do you know how to read a monthly bank statement?
Talk with
financial advisor
Filling in cheques
Putting down a deposit on an important item like a flat or a car
"Money makes the world go round" and learning how to manage your money is an investiment for the future
Business
is useful to understand how a company works and which departements they are divided into
Personnel or human resources department
which deals with an application when you apply for a job
Finance or accounting department
to deal with the money
Sales department
selling the products which are made in the
production or manufacturing department
Research and development
finding ways to improve the products
Marketing department
publishing
Customer services department
which deals with customer enquiries and complaints