This article discusses the various functions and departments of ALDI company, including marketing, finance, production, and human resources. It highlights the importance of each department in the overall success of the company.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Graduate Challenge
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents MAIN BODY..................................................................................................................................3 REFERANCESS..............................................................................................................................5
MAIN BODY ALDI company is one of the top leading company who are selling their product in 20 differentcountries.Thiscompanyissuccessfulintheretailmarketandtheirdifferent departmentalfunction make this company successful. They all have different role in the company, and they all are interlined with each other. Default any of the department can affect the companies other department which can also affect on the profit of the ALSI company. This important for the company to run their every department properly, so they can achieve success in their business and gain competitive advantages. Here are some functions and department of the organization- Marketing Marketing is work to promote product of this company so customers can aware about the product, and they can use those products to satisfy their needs and their demands. It is important for the company to have strong marketing team who should have knowledge of the market, and they are capable to research market for ALDI company to expand their business and show their presence in the market. They also collect the information related to the market where company can have opportunities to expand their business, and they also use marketing toolsto advertise their products. Finance Finance department of the ALDI company run by the finance managerwho are responsible to provide proper sources of the finance and make budget for the companies other department run their activities (5 Major Functions of Human Resource Management.2017). Finance manager have proper knowledge of the finance, and they make proper plan about the finance that where they should borrow the funds and how much they should borrow from the market. They also control the flow of cash in the companies workplace and ensure that other departments are using proper financial resources or not. Without having finance company cannot run their activities. Production department production department of the company is responsible to produce good and services for the ALSO company. They take information from the marketing team according to the research one by the marketing team, and they develop their product and give them design which can attract the customers of the particular market. They have to develop the product if any of the
product have some defaults. Production team have to find the defaults and develop product according the defaults and make better product for the customers which can satisfy their demand. Human resources department HumanresourcedepartmentoftheALDIcompanyisresponsibletorecruitnew employees so company can have strong team of the employees (Finance Manager and the Finance Function in Business Sustainability.2017). After the recruitment of the employees HR manager of the company produced them training where candidates learn skills which are needed to perform job in the company. They also run many HR practices for the employees so they can keep motivated and performs better in the workplace.Hr department of the company manager the activates of the employees, and they also make polices related the employees and provide their rights.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERANCESS Boosks and journal Kotler, P., Bowen, J.T., Makens, J. and Baloglu, S., 2017. Marketing for hospitality and tourism. Online 5MajorFunctionsofHumanResourceManagement.2017.[online]availablethrough <https://www.keka.com/5-major-functions-human-resource-management/>. Finance Manager and the Finance Function in Business Sustainability.2017. [online] avlable through <https://www.researchgate.net/publication/319078811_Finance_Manager_and_the_Finance_Fun ction_in_Business_Sustainability>.