Introduction to business Essay

A business kick the bucket is the different jobs that people do or the different discussion sections that form the ground of an organisations structure.The six business run lows atomic number 18 gracious Resources, trade, investigate and incurment, production, finance and administration. kind-hearted Resources deal with many different aspects of a business. They deal with recruitment, Job descriptions, dismissals, wordiness etc. They excessively withdraw a policy-making role they require to create company policies to create security for people and places within the organisation. Human Resources look after the people at work, they claim to motivate them and as well as look after their needs. Human Resources have to help the MD to develop their roles and roles of other employees within the company.One of Human Resources roles is to bargain and negotiate they meet as a go-between between different groups with different interests, they to a fault liase with the trade uni ons. Human Resources to a fault have an administrative role, for example they ar answerable for paying wages and oversight and implementing health and safety laws. They also educate and develop the workforce they decide on whether or non any of the employees need training.The Marketing take to the woods is responsible for finding out(p) what the node needs and wants and and so satisfying these needs and wants in the roughly cost effective manner. Sales is sometimes combined with marketing, sales has a different role to marketing though, for example sales has to withstand the customer think they want what the company makes or offers as a function whereas marketing has to get the company to produce what the customer wants.In run to find out the customers needs and wants they have to carry out primordial research such as observations, questionnaires etc along with analysing secondary data. The Marketing department works closely with the production department because the r esearch marketing do will show production what the customer wants, how they want it, where they want it and when. Marketing are also responsible for advertising, packaging, promotion, distribution and pricing.If a company wants to strain and grow a research and development department is essential because research and development furthers the companys aims by improving processes and by researching unused ideas, processes and products. If a company does nothing to improve processes or seek ideas then it is highly unlikely that they sh on the whole become/remain successful. If a company is having problems they need to have a research department because some of the work this function carries out can help them to understand what is going wrong. Companies usually puzzle aside available capital in for a research budget because it can cost a lot of money.The Administration function fundamentally deals with every single piece of paper work. Some people may see the admin role as petty and this is strictly untrue. Organisations, especially the bigger ones depend on their administration department.Administration handles consumer enquiries, communicating messages and producing documents for the company that are accurate. All companies would have an office manager and whereas Human Resources are responsible for deciding if the mental faculty need training the office manager for organising the training, they would send away different departments on the most effective office layout, equipment, working practices and staff development. They analyse admin practices to see if there is any way they could be make better. They provide and maintain communications for the company this would be phones, mail, Internet and also report and provide statistics on company activities. Overall ensuring a strong standard of work.The Finance department is mainly responsible for monitoring the coin flow (monitoring income/revenue and monitoring expenditure) this is represented in a final examination balance sheet, sources and uses of funds are displayed in a P&L account. The chief accountant is responsible for supervising this department. in that location are twain different types of accounting within a finance department monetary accounting and management accounting. A financial accountant would keep records of all financial events to provide financial summaries on what has happened (Pay wages and keep day to day records) whereas a management accountant would provide the managers with figures to help them make their own decisions, for example costing and pricing decisions, they would also produce budgets. There are also subsections within the finance department these include a cashiers department, which deals mainly with cash transactions, and a wages department, which are responsible for supervising the pay roll i.e. calculating and paying staff wages.The production function includes many different sections to help it run properly, Production and planning eve n out standards and targets for each section of production. They monitor the goods or services that are beingness produced to make sure it is of the right quantity and quality, a comparator then compares what has been produced to what should have so that they can see if production is running smoothly and effectively.The purchase dept have to provide the materials and equipment needed to make the product/service so that they can keep the production process working in order, the stores dept clove pink all tools, raw materials and equipment that is needed and finally there is the design and proficient support dept who are responsible for researching improvements on existing products and also researching spick-and-span ones. A technical department would give advice on working practices in order for them to estimate production costs.