The functional departments of an organization

Shaharu B.

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The functional departments of an organization

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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.

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

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[...] The administration department deals with human relations and legal activities, it is the people (employees) who make an organization “success” or allow it to be. Human resource management is the life and health of an organization. HRD is a function more concerned with training and development of employees in order to maximize both the efficiently of employees as well as the organizational effectiveness. OBJECTIVES:- The main objective is to ensure the handy of competent and willing work force to the organization; To maintain good relationship between the employer and employees; To maintain good industrial relations; To assist employees in attaining their personal goals so as the organization goal; Enhance the individual contribution to the organization; To select right position for right person and number of employees; To help individual growth. [...]

[...] Finished Goods Ledger: It contains an account for each item of finished products manufactured or the job completed. When the finished product is transferred to stores, a credit entry is made in work in progress. Ledger and a corresponding debit entry are made in this ledger. Elements of cost Material Cost: Direct materials are those materials that can be traced as part of the product or which can be tangibly seen into the product and the lost of direct materials can be identified with and allocated to the cost units. [...]

[...] HUMAN RESOURCE HUMAN RESOURCE PLANNING: HRP is understood as the process of forecasting an organizations future demand for the supply of right type of people in right number. It is only after this that the HRM department can initiate a recruitment and selection process. RECRUITMENT: For instance in puma the recruitment is very limited and simple. Here first stage is to identify the vacancy, and then giving advertisement for qualified candidates and experienced are invited through Newspaper, notice boards in the company. [...]

[...] Product planning: The product planning is the most tangible and important single component of marketing. The product policy, product planning and strategy are cornerstone of marketing program. Product planning is company's strategy for marketing its product. If the company is well known and well accepted all over on the basis of quality, product planning is of less importance. So main policy for product marketing is to maintain quality and to give proper attention to customer satisfaction and to meet the customer demands in time. [...]

[...] Advertising: Advertising is one of the very important marketing functions, the central theme, motif, or idea of an advertisement which tells the potential customer what the advertised product or service offers and why it should be purchased. It aims at communicating to the customers about the availability of the products. Three venues for advertising are Newspapers; Internet; Trade exhibitions and malls. The marketing manager plans about budget time, money, and personnel for the firm's functions, policies, or programs. They use these skills to achieve effective implementation of the firm's marketing strategy. [...]

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