departments in enterprise Flashcards
what are the different departments in the enterprise?
- marketing function
- accounting and finance function
- human resources function
- production function
- research & development
describe marketing function
- researches what customers need
- analyses how to enterprise can satisfy these needs
describe human resources function
- recruitment and selection to ensure right people are recruited for the right jobs
- training and development of new and existing staffs to enable them to carry out their responsibilities effectively to their full potential
- employee relations - negotiation over pay and conditions
- dealing with complains from employees/employers
- health and safety - ensures a safe and healthy working environment for employees
describe accounting and finance function
- keep financial records of transactions like the purchasing of goods
- preparation of financial statements
- administration of payroll
- analysing of financial health of enterprise
- prepare management accounting information and analysis to help managers plan, control and make decisions
describe production function
undertakes activities neccessary to provide products and services like planning productions and manpower schedules, controlling of inventory, managing of product quality and maintenance of plant and equipment
describe purchasing function
responsiblle for sourcing and buying food, ingredients and equipment eg. rice cookers, blenders
describe research and development (R&D) function
- devloping new products/processes
- improve existing products/processes
must coordinate closely with marketing activities to ensure enterprise if providing customers with what they want
eg. regularly creating/revising menus to stay relevant to consumer food preferences
describe facilities function
ensure work premises and installations eg. air cons, cold rooms are well maintained to minimize distruptions to business activities
what are the other departments?
purchasing, safety & security, facilities, information & technology, public relations & communications
what are the major sectors in Singapore?
- construction
- manufacturing
- transportation & storage
- finance & insurance
- accomodation & food services
- wholesale & retail
- information & communications
- business services