business memo

In a business setting, we are often asked to write a memo to communicate with internal and external professionals. This assignment further advances your communications within an organization through the use of a memo.

Background:

At your company, you are very pleased with how well the budget workshop held on February 10th went. Company supervisors came, were engaged, and asked several important questions.

The CFO advised company supervisors that you would follow up in a memo to address a few of the company supervisors’ questions.

Company supervisors asked:

1. What is decentralization?
2. What do cost, profit, and investment centers represent?
3. What responsibility center will the company supervisors be evaluated on? Provide details of this type of center.
4. What are responsibility reports and the controllability concept?
5. What is managerial performance measurement?

In consideration of the background, prepare a memo in a Word document to submit to the company supervisors with a cc to the CFO (title is fine…no name needed).

• An introduction paragraph advising company supervisors that your memo addresses questions stemming from the budget workshop held on February 10th is needed.
• In responding to questions, you will want to begin your discussion by explaining decentralization.
• Company supervisors requested a copy of the current organizational chart. Please insert a diagram of the organizational chart. You can insert shapes in your memo, prepare in a Word table, or Excel with a copy and paste. A general flow description will work. Company supervisors represent the sales department, production department, research and development department, and accounting department. The production department consists of the assembly department, ink and lettering department, and finishing department.
• Then address the remaining questions outlined above.
• End your memo with a closing paragraph.