The functional departments of an organization

Type :

Term papers

Pages :

14 pages

Format :

.doc

Published date :

08/25/2009

Category :

Business & market

Sub category :

Management

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Summary :

Introduction
Functional departments
1. Functional areas
Production department
1. Objectives
2. Production order
3. Design
Quality control
Safety measures
Personnel department
1. Objectives
2. Functions
Human resource
1. Human resource planning
2. Recruitment
3. Training and development
4. Remuneration
5. Discipline
Manpower planning
1. Performance appraisal
Security of the company
Finance department
1. Objectives
2. Functions
3. Capital structure
4. Working capital
5. Receivables management
Ratio analysis
1. Costing
2. Objectives
3. Ledgers maintained by costing section
4. Elements of cost
5. Direct expenses
6. Overheads
Costing methods
1. Types of financial aid available for export
2. Functions of finance department
Marketing department
1. Objectives
2. Functions
3. Maintaining various records
4. Advertising
5. Labeling
6. Product planning
7. Pricing policy
Suggestions
Conclusion

Abstract

Every organization, big or small needs to have certain departments, without which it cannot function. These are departments like the finance department, the human resources department, the personnel department, the marketing department, etc. The purpose of this document is to give you a general idea of what the different departments in a company are and what they do to aid in the companies operations. These departments coordinate with one another in order to achieve the combined goals of the company.

A simple example of such coordination would be the marketing department which markets the products of a company but without the production department there would be no products to market and without any products to market and sell there would be no finances therefore negating the finance department. The production department plays a very important role in the entire organization. It acts as a main center of the whole organization by converting the raw materials into finished products. This department is responsible in carrying out the production activity evenly and in most efficient manner.