This report delves into the core concepts of management, exploring organizational structures, including hierarchical, functional, and divisional types, along with their respective advantages and disadvantages. It examines business functions, such as purchasing, accounting, production, marketing, and research & development, detailing their roles and interrelationships. The report further analyzes marketing functions and their integration with other departments. It presents Henry Fayol's five functions of management – planning, organizing, commanding, coordinating, and controlling – outlining their accountabilities and interdependencies. Additionally, the report addresses HR and talent management, emphasizing their role in attracting, retaining, and developing employees, and concludes with a discussion of organizational culture, highlighting various models like power, role, task, and person cultures and their impact on business success. The report references relevant books and journals to support its findings.