Copyright 2006 – Biz/ed Business Functions and Organisation.

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Presentation transcript:

Copyright 2006 – Biz/ed Business Functions and Organisation

Copyright 2006 – Biz/ed Business Functions Human Resources Sales and Marketing Research and Development Production/Operations Finance and Accounts

Copyright 2006 – Biz/ed Human Resources Recruitment and retention –Job descriptions –Person Specifications Dismissal Redundancy Motivation Professional development and training Health and safety and conditions at work Liaison with trade unions

Copyright 2006 – Biz/ed Sales and Marketing Market research Promotion strategies Pricing strategies Sales strategies The sales team Product – advice on new product development, product improvement, extension strategies, target markets

Copyright 2006 – Biz/ed Research and Development New product development Product improvements Competitive advantage Value added Product testing Efficiency gains Cost savings

Copyright 2006 – Biz/ed Finance and Accounts Cash flow –Monitoring income/revenue –Monitoring expenditure Preparing accounts Raising finance –Shares –Loans Links with all other functional areas

Copyright 2006 – Biz/ed Production/Operations Acquiring resources Planning output – labour, capital, land Monitoring costs Projections on future output Production methods –Batch –Flow –Job –Cell Efficiency

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