Business Functions, Organisational Structures and Culture :: Papers

Business Functions, Organisational Structures and Culture All companies have split areas/departments where certain groups of people have a certain role in the business. These functions are important to a business as it helps with the every day-to-day running of it. These departments are: -  · Human Resources  · Finance  · Research and Development  · Marketing  · ICT  · Sales  · Customer Service  · Quality Control  · Purchasing I have a copy of the Global Scott Bader Group Structure (see diagram) It is split into certain areas and functions of the business; finance, service, human resources, IT, Marketing R+D and Sales of composites, and marketing R+D and sales of speciality polymers. All of these departments have very important roles within the business they help with the every day running of the business and help the business to keep to its objectives. These departments will probably have their own certain objectives that they have to keep track of, so the business works well. The 'Finance Department' has a huge responsibility in the business I think it is probably one of the most important departments for a business and all the documents need to be correct and up to date so that the company can be efficient and in control of its transactions. It has the responsibility tosee that the money coming into and out of the business ismanaged properly. If this is done efficiently then thereshould be enough sales revenue and profit to pay the bills that are owed. The revenue is the money made by the business byselling its products andservices; it is used to pay for the things they had to buy in order to run the business. It is also used to pay the workers People within the finance department who have big responsibility's are people like the finance director for Scott Bader this is Keith Grace is in charge of: financial accounting, costing & budgeting, managing finance and payroll in all the Scott Bader companies for UK finance,