Unit 3 - Module 3 Flashcards
Module 3: KEY OPERATIONAL FUNCTIONS
5 departments that make up a modern organization.
Marketing Human Resources (HR) Accounting / finance Research and Development (R&D) Information Technology (IT)
This department serves as the “face” of the company
Marketing
What is the Marketing department responsible for?
Customer market research
Target market identification
Branding
Advertising
Department deals with all employee-related issues.
Human Resources (HR)
What is the HR department responsible for?
Labor Law Compliance Recruitment / OnBoarding Payroll Benefits Internal relations
Department responsible for product development and improvisation.
Research and Development (R&D)
Organization’s initiative to design work processes so they align with the organization’s strategic goals.
Process Management or Business Process Management (BPM)
Strategies that govern how an organization maintains relationships with an audience (customers, other businesses)
Relationship Management
What job titles are typically held by employees in a top management role?
CEO, COO, CFO, President, Vice President
What job titles are typically held by employees in a middle management role?
Regional manager, Director, department Manager
What job titles are typically held by employees in a first-line manager role?
Assistant Manager, Supervisor, Foreman
What does an individual contributor use to contribute to a team?
Their personal skills
What is a manager responsible for? (OPI)
Planning
Implementing
Organizing
What are the three categories of skills a manager must possess? (DII)
Interpersonal
Informational
Decisional
Provide an example of Interpersonal skill
Communicating with employees and stakeholders