The Functional Areas Of An Organization Essay - 1132 Words

Departments in an organization perform functions or duties for the company, such as finance and accounting, marketing and sales, and production. Individual employees implement a functional role for the business within those departments. These employees are members of a team who work together to accomplish the goals of the corporation using their specific skill sets and talents. The functional areas or departments of a company may include human resources, sales, quality control, marketing, finance, accounting and production. (Chron.com, 2015). The Functional Areas to Include within an Organizational Team Each team should be made up of employees that carry a strong skill set as well as personal characteristics. These skill sets and characteristics will further the organization s goals. (n.d, 2014). For a cosmetic company to thrive it has to have these three major departments: Accounting and finance: Accounting and finance is responsible for accounting, auditing, planning, and organizing the company s finances, They are also responsible for producing the company s financial statements. Cash flow is the life source of any business. Without money, an organization cannot operate, therefore it is vital to maintain and manage the company s cash outflows as well as in flow. (r, 2012). Research and development: Innovation is the key to every organization s future. Through innovation, the company will open new opportunities and competitive advantages for the company.Show MoreRelatedFunctional Areas in a Business Organization Essay1975 Words   |  8 PagesFunctional Areas in Business Organisation In all industrial companies there are a number of key tasks or function that must be carried out regularly. 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