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Business Functions and Organisation

Business Functions and Organisation. Business Functions. Human Resources Sales and Marketing Research and Development Production/Operations Finance and Accounts. Human Resources. Recruitment and retention Job descriptions Person Specifications Dismissal Redundancy Motivation

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Business Functions and Organisation

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  1. Business Functions and Organisation

  2. Business Functions • Human Resources • Sales and Marketing • Research and Development • Production/Operations • Finance and Accounts

  3. 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

  4. 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

  5. Research and Development • New product development • Product improvements • Competitive advantage • Value added • Product testing • Efficiency gains • Cost savings

  6. Finance and Accounts • Cash flow • Monitoring income/revenue • Monitoring expenditure • Preparing accounts • Raising finance • Shares • Loans • Links with all other functional areas

  7. 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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