Discover more about the core business functions of organization and more

All companies have some sort of organisational structure – learn about the different departments inside a business and functions they perform.

In any company, countless decisions are made on a day-to-day basis. Starting from the bottom, individual staff members make decisions about their own duties, their managers make decisions about the aims their workers need to reach as a team and upper managers make decisions that carry even more weight. Some decisions even so are considerably more important and will have an influence on how the firm is managed in the long term. These types of decisions are made by the board of directors. Unlike other members of staff, the board of directors is normally elected. Most businesses of big enough dimensions have a board of directors, such as the Telecom Italia board for instance. The board of directors will be discovered at the top of an organizational structure of a company. Some of their tasks include setting up long term goals for the business, making decisions about the strategy and structure as well as making decisions about what responsibilities will be assigned to management. The board of directors is always presided over by a director known as the chairman of the board. In accordance with the company structure, this director may or may not have acting powers.

Every company is established to help make a revenue. To make a profit, businesses certainly typically offer some kind of service or good for sale, and just about the most important ingredients in selling this service or good is of course first designing a product that will sell and then receiving the suggestions about this product across to the target population. Marketing is the science that does precisely that, which is why most businesses have a huge department committed to marketing. In this way, a marketing department, like the Britvic marketing department, performs a number of the core business functions without which the company would not exist. The marketing team collects information on potential subscribers to know the right way to design a product that this target population needs and will purchase. They likewise utilise this info to design marketing campaigns that will be the most reliable at getting to this target population. It is easy to see the reason why the marketing department may very well be among the most indispensable departments in a company hierarchy.

A company can only functions thanks to the employees that perform a mix of tasks, so, in countless ways, the workers are the most indispensable resource in a company. That is the reason why in every company there is always a person dedicated to dealing with this resource. The title of this individual is a human resource manager. Some firms even have total human resource departments, like the Card Factory human resource department.

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