Function of Organization.ppsx
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The document outlines the various functions of an organization, which are categorized into departments led by managers. Key functions include marketing, production, human resources, finance and accounting, as well as research and development, each critical for meeting organizational goals. These activities collectively contribute to efficiently meeting customer needs and supporting overall business success.
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Function of Organization.ppsx
- 1. Function of Organization Organizational functions are the activities performed in a firm. These activities are classified into departments, which are headed by department managers.
- 2. Functions • Marketing: Marketing refers to the process by which organizations identify and satisfy customer needs profitably and efficiently • Production: Production is an organizational function that entails conversion of raw materials into finished goods.
- 3. • Human Resources: The human resources function deals with the recruitment, selection and training of staff. • Finance and Accounting: Finance and accounting is a function that provides information critical for decision-making.
- 4. • Research and Development: Organizations consistently seek to grow and develop actions that assist them in achieving their core objectives