(Assignment 2)
Organisation Structures – Introduction
Organisation Structures – Span of Control
Functional Areas
Finance
The finance department is a department within an organisation who deals with the financial side of the business and will therefore have many roles and activities which they would complete on a daily basis in order to ensure that this department is performing to a high standard which will contribute towards the overall success and standard of the business being increased. The main duties of the finance department are:
• Handle financial affairs of the organisation.
• Budget preparation.
• Monitor and analyse spending.
• Manage and analyse income.
• Budget allocation.
• Manage payroll.
• Finance book keeping.
• Bills processing.
• Claims processing.
Marketing
The marketing department is a department within an organisation who deals with the marketing side of the organisation which would include the marketing of products in order to promote them through advertising in order to maximise sales of products which will therefore lead to the overall success of the organisation being increased. The main duties of the marketing department are:
• Collect market research.
• Carry out marketing strategies and plans.
• Carry out marketing activities (market products).
• Study the market.
• Decide best ways in which to reach targeted customers.
• Advertise and promote products.
• Monitor competition.
• Create new marketing ideas.
• Understand customer wants and needs.
Sales
The sales department is a department within an organisation who deals with the sales side of the organisation which would include the selling of products to the customers of the business and the sales department would aim to maximise the sales within the business in order to maximise profit and the overall success of the business. The main duties of the sales department are:
• Record the number of sales in which the business achieves.
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