Business Foundations: Organizational Structure, Recruitment, Training, and Leadership

Running head: BUSINESS FOUNDATIONS
BUSINESS FOUNDATIONS
Name of the Student:
Name of the University:
Author’s Note:

2BUSINESS FOUNDATIONS
Table of Contents
Introduction.....................................................................................................................................................................3
Discussion.......................................................................................................................................................................4
Functional organizational structure............................................................................................................................4
Recruitment and training.................................................................................................................................................5
Recruitment process...................................................................................................................................................5
Advertising sales promotion.......................................................................................................................................5
Resume screening.......................................................................................................................................................5
Phone interview..........................................................................................................................................................6
Face to face interview.................................................................................................................................................6
Assessing the needs....................................................................................................................................................6
Set organizational training objectives........................................................................................................................6
Implement training initiatives.....................................................................................................................................7
Leadership.......................................................................................................................................................................7
Code of Ethics 7
To uphold and advance the honour, dignity, and effectiveness of the profession......................................................8
Competence................................................................................................................................................................8
Moral and financial reasons for Code of Ethics..............................................................................................................8
Moral Reasons............................................................................................................................................................8
Financial reasons........................................................................................................................................................8
Ethical issues...................................................................................................................................................................9
Need for Risk Management Plan....................................................................................................................................9
TQM................................................................................................................................................................................9
Conclusion....................................................................................................................................................................10
References.....................................................................................................................................................................10

3BUSINESS FOUNDATIONS
Introduction
IoT is one of the most important scientific advancement that has been created by the
Australian Technological market. This technology is very helpful for the modern day customers
as it helps them to get the works done in a very easy and time optimizing manner. The
smartphone is one of the most important and highly essential gadgets that is used by almost all
the people in this modern day scenario. They want to get all the work done by using their phone.
The most important day to day functions like ordering of food, shopping the most basic day to
day items, bill payment, and others are done by using apps installed in smartphones. However,
these are the external works. At the same time, it must be noted that people are looking for
certain applications that will also help them in doing internal or household activities through any
such Smartphone app. The company developing IoT technology has to ensure that they are
training their employees in a proper way so that they can cater to all the needs and demands of
their customers. The company has to follow an employee-centric and customer-centric approach
so that they can render their services properly. As they are offering a very new and dynamic
product, it is of utmost importance that the company is following a sound staff selection and
training procedure so that they can hire the best persons for their business. They will also have to
follow a sound leadership strategy so that the employees do not get any chances of the complaint
and can work towards bringing an overall success of the organization. This report is aimed at
finding the best staff selection strategy, the leadership style and the organizational structure that
will be used by the company for carrying on with their activities.

4BUSINESS FOUNDATIONS
Discussion
Functional organizational structure
Figure 1: Functional Organization Structure
Source: (Author)
CEO
Director
1(student 1)
Director 2 (student
2)
Manager
(Systems)
Manager
(Operations)
Manager
(Systems)
Manager
(Operations)