TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Role of different functional units.................................................................................................3 Importance of functions working together...................................................................................4 CONCLUSION................................................................................................................................4 REFERENCES................................................................................................................................1
INTRODUCTION Every organization has different departments for execution of its different function. Every organization has a different department or sections to perform different task. This report presents roles of different functions of the organization and the importance of all these functions working together. MAIN BODY Role of different functional units Thereareseveralrolesplayedbydifferentfunctionsoforganization,adetailed description is given below. Marketing Marketingplaysanimportantroleinestablishingagoodrelationshipbetween organization and the customers(Todor, 2016). The marketing team is also tasked with the promotionoftheproductandserviceof theorganization,brandingof theorganization, participating in several marketing activities, interacting with the customers and collecting proper feedback. Finance The role of finance team is to meet with the financial needs of the organization. It is responsible for acquiring and managing funds for the business growth. It is also responsible for planning the budget for the different departments for a particular period. It helps organization in taking decisions regarding whether to invest in a particular project or not. Operation The operation department is responsible for making sure that customers orders are filled on schedule(Hudson, 2017). The production system is working properly, efficiency is achieved. Also, timely delivery of products to the specific customer and availability of required material for further production. It also makes sure whether proper stock of product is maintained to meet the future demand. Human Resource The human resource department is responsible for hiring and training personnels(Susarla andKarimi,2018).Theirmainroleisrecruitment,interviewing,providingtrainingand development to employees, handling employee relation, coordinating with other departments,
taking care of payroll etc. Human resource also has the responsibility to contact other department and create job description to hire a personnel with the specific requirement. Importance of functions working together All these different functions of an organization plays an important role in an organization. Each and every department requires to be properly coordinated as each functional unit is interdependent on each other (French and Gordon, 2019). For example, marketing department needs to work in coordination with finance department as finance department will assign budget to marketingdepartmenttocarry outitsactivities.Also, marketingdepartmentprovides complete details about the new product or advertisement campaign for which budget is requires along with compete cost analysis(Sikora and et.al., 2016). Another example is marketing and production department, where marketing team after conducting complete market analysis and research providesinformationto production departmentabout the newproduct and then production team designs the production process for the development of new product. CONCLUSION From the above it can be said that there are multiple roles of the different functional units of an organization and each role has its own advantages that cannot be denied. Whether the organizations is small or large these functions are required to be carried out as it will help in the growth and survival of the organization.
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REFERENCES Books and journals French, J. and Gordon, R., 2019.Strategic Social Marketing: For Behaviour and Social Change. SAGE Publications Limited. Hudson, A., 2017.The law on financial derivatives.(No. 6). Sweet and Maxwell Ltd. Sikora,D.M.andet.al.,2016.Reimaginingoverqualifiedhumanresourcestopromote organizationaleffectivenessandcompetitiveadvantage.JournalofOrganizational Effectiveness: People and Performance. Susarla, N. and Karimi, I. A., 2018. Integrated production planning and inventory management in a multinational pharmaceutical supply chain. InComputer Aided Chemical Engineering. (Vol. 41, pp. 551-567). Elsevier. Todor, R. D., 2016. Blending traditional and digital marketing.Bulletin of the Transilvania University of Brasov. Economic Sciences. Series V.9(1). p.51. 1