Fundamentals of Enterprise Development-Departments in an Enterprise by https://padlet.com/ronaldoyee_161/yo5edokaq7nl en-us 2016-05-31 10:49:16 UTC 2018-02-07 04:53:28 UTC hello@padlet.com A business enterprise ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113150947 is an operation that sell goods or provide service to meet customer needs and at the same time, aim to make a profit.]]> 2016-05-31 10:50:13 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113150947 Key functional Areas in a Business Enterprise ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113272480
  • Production
  • Research and Development
  • Marketing
  • Human Resources
  • Accounting and Finance
  • Others such as
    • safety and security
    • information technology
    • public relations
    • purchasing
    • ]]>     2016-06-01 04:02:58 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113272480     Production function ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113272594 The production function does the important things to ensure that the business can sell goods or provide services.
    This includes managing the product quality, controlling the inventory, maintain the plant or equipment necessary for providing services, production and planning, supervising the production workforce and deciding the best production methods and factory layouts]]>     2016-06-01 04:05:37 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113272594     Research and Development(NOT TO BE CONFUSED WITH MARKETING) ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113272971 The R&D function mainly do research to develop new products and improve current products.
    The R&D function should work with the marketing function to understand more of what customers want

    ]]>     2016-06-01 04:10:26 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113272971     Marketing function(NOT TO BE CONFUSED WITH R&D) ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113273112 The marketing function mainly research on what customers want as well as analysing how the enterprise can give them what they want. 
    The marketing function also help arrange sale promotion and help advertise the enterprise ]]>     2016-06-01 04:12:40 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113273112     Human Resources Function ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113275708 The human resource function mainly help recruit and select the right people to do a right job.
    It also train and develop employees, enabling them to make full use of their potential
    Sometimes, the human resource function negotiate with the employees over pay and conditions
    They also need to deal with complaints from both the employees and the employers
    The human resource function must ensure that workers are working in a healthy and safe condition]]>     2016-06-01 04:51:52 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113275708     Accounting and Finance function ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113275915 It mainly help prepare financial statements which includes keeping track of financial records, planning the pay for everyone and preparing accounting information so that managers can monitor the enterprise and make necessary decisions]]> 2016-06-01 04:55:17 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113275915 Organisation Structure in Enterprises ronaldoyee_161 https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113276145 IT consist of the 
    • Finance manager, who is responsible for the enterprise's financial resources
    • Operations manager, who manage the operating systems that convert resources available into goods and services 
    • Marketing manager, who helps in the exchange of products between the enterprise and its customers
    • Human resource manager, who manages the human manpower 
    ]]>     2016-06-01 04:58:43 UTC https://padlet.com/ronaldoyee_161/yo5edokaq7nl/wish/113276145