5 cOmmOn fUnctiOns oF mOst organizatiOns…..
a) AccOunting.
- Traces all financial activity.
- Example:
Ø Accounting department tracks all sales, payments, and transfer of funds.
Ø Also produces reports detailing the financial condition of the company.
b) MarkEting
- Plans, prices, promote, sells, and distributes the organization’s goods & services.
- Example:
Ø Goods include a wide range of products related to supports and other types of physical activity.
c) Human resOurces
- Focuses on people >>> hiring, training, promoting and any number of other human-centered activities within the organization.
- Relates to people in each of the functional areas, including accountants, sales representatives, human resource specialists, production workers, and research scientist.
d) ProductiOn
- Creates finished goods & services using raw materials & personnel.
- Example:
Ø This includes manufacturing a variety of sports equipment, including surfboards.
e) ResEarch
- Identifies, investigates, and develops new products & services.
- Example:
Ø Investigating a light, inexpensive alloy for a new line of weight-training equipment.
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