In Yakult, there are many different departments which help the company to run their daily, routine transaction to conduct the business such as Finance and Accounting Department, Production Department, Logistic Control Department, Human Resource Department and Marketing Department. These departments are very important to ensure the operation performs well. Every department has its own functions and are all related. For example, production department need order and buying the raw material and logistics department is responsible to receive and send the raw material.
Finance and accounting department are both related on how to keep manage the financial resources and fund flow. This department has its sub system such as account receivable, account
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The department usually focused on the employees in the company to maximize the utilization. They have to plans the long term labor force needed in Yakult. It also allocates the position or job of a staff based on their different skill. It has an employee record management system to keep all the staff personnel information in the Yakult’s company. Human resource department also provide training to their employees so that they can develop their hidden skills and work more efficiency or improve their performance appraisals. This department is also responsible with formulating policies for recruitment, promotion, resignation, dismissal and retirement. They also take parts in calculate the salary and distribute salary slip to all the employees of …show more content…
Sales and marketing play an important role to maximize revenue, profit and market share in the company. To achieve the goal, sales and marketing department will carrying out market surveys of customers’ needs so that efforts can be made to develop products or services that customers’ want. For instance, Yakult is under the management support division. The objective for sales and marketing department in Yakult’s company is to promote their new products to attract and influence more consumer buy their products and increase the sales of the company. Hence, most of the sales and marketing department will have their own managers to create and manage the department budgets such as create an effective and cost-efficient marketing management strategy to persuade the consumer to purchase the
The sales department would need information such as prices of products so that they can inform customers. They would also need to know if certain stock is available before talking to customers about that product. Marketing This function of the business is responsible for identifying the needs of customers and fulfilling the customer desires profitably. In other businesses sales and marketing may be combined into one department but
As the salespeople’s immediate supervisor, it is the primary responsibility of the manager to provide proper training to enhance the salespersons’ effectiveness and improve their skills. Given the importance of having a productive and enthusiastic sales team, the manager needs to develop and manage effective reward and compensation packages to ensure a highly motivated and satisfied sales force. Sales managers also ensure that the company 's standards of professionalism, image, and branding are consistent with the sales team’s interaction with company customers. The manager 's presence also makes customers feel valued as well as provide credibility on behalf of the company (Pilling, Donthu, & Henson,
Finance has to make sure that there is enough funds in the bank at all times. The Finance Department has to communicate with each department. Finance is the part of the company that can give production enough money to more capacity, tell Marketing a budget for the year and ensure that the Research and Development team has enough money to do quality research on the products. Even though all the departments have to work together in some capacity, it's the Finance Department that is the glue to the company. Their relationship to each department is crucial because if the Finance team cannot communicate well with a certain department then every department is impacted to some capacity.
Another word for human resource is Personnel. This department (like human resources) performs the same duties, technical staff work. Knowledge of postal policies, procedures, and regulations related to processing personnel actions (hiring, firing, administrative leave).Employees rely on the human resource department to have information related to the employees benefit programs on health insurance, life insurance, and retirement. Forms are needed for each subject and in some cases, knowledge on how to fill out the forms are needed (vacancy announcement, 2008).
YakkaTech Corp. is growing IT services firm which mainly installs and upgrades enterprise software systems and related hardware. They have grown and consolidated as well as become more efficient at their business but this isn’t without growing pains. Their employees seem to lack job satisfaction and their customers feel that the employees “seem indifferent to their problems.” The company’s voluntary quit rates have risen above the industry average while management raises pay rates in the hopes that customer service quality and productivity would improve. However, customer service complaints and productivity remain low and employee moral seems to be low as well.
Marketing In this day and age is vital for a company to perform at its possible best. Marketing’s main focus is to give great satisfaction to a customer. There are many aspect of marketing, these aspects give marketer’s the tools to help strive for the best possible success they can achieve. They hope that they can create exposure for their brand, product or service.
The Human Resources department has to implement the EEOC polices and procedure to avoid lawsuits and to protect the employee’s rights. Business Administration is my major but I am concentrating on Human Resources. After, a lot of extensive research, I found the Human Resources department is the core of a company. Human Resource department has implement policies and procedure to the employees on regular bases.
A marketer doesn’t just have a plan. Marketers now open up to a wider strategic plan and it’s based on steps that balance out what the market is offering consumers. These marketers must analyze their production with these steps, then make a portfolio of the growth and even their down falls therefore this keeps these marketers to continuously innovate and create even a greater amount of value for their customers. Marketing management functions are discussed along with the marketing mix and strategy.
Human resource manager can hire adequate personnel to handle accounting work and production work that can reduce cost of production. H.R manager along with accounting department can set a standardized compensation and reward system for all the employees, this in turn can save cost by giving adequate incentives and increments to deserving employees and not on the bases of personal judgment, moreover, increments and wages should be decided on the nature of work and performance of the employee. Employee turnover can be minimized by motivating employees and providing a fair chance to each employee for promotion and other benefits which also helps to reduce cost. Properly designed and explained job descriptions can reduce conflicts and improve effectiveness. By appointing skilled personnel at production facility, production can be standardized and optimal utilization of sources of productions can be ensured.
During my last year in high school, I developed a desire to learn and understand the business in order to help my parents in the future. As a result, I chose to study Marketing at Thammasat Business School. In my third year of studies, I joined the 27th Marketing Trainee Programme hosted by the Marketing Association of Thailand, where I have experienced first-hand training from professional marketers and took part in marketing stra...
Marketing is very important to the success of a business. Before people can buy a product or service they have to know about it. However, marketing entails more than just letting people know what your company has to offer. Throughout this paper, I will define marketing, offering my personal definition as well as more formal definitions from other sources. Furthermore, I will explain to the reader the importance of marketing to organizational success giving real world examples in support of this explanation. The field of marketing can include many things. I believe, however, the most important thing which it should include is communication with customers as to the value and benefits of using that particular company's products and services. It should help to establish the business's niche in the industry and distinguish it from other such businesses.
Human resource department first identifies the need of that job, particular its expenses in hiring that employee(s), time required for its training and orientation in Zong Pakistan. After the approval of the manager of human resource department, different methods they adopt for the external recruitment are as follows.
A sales manager has many responsibilities such as spreading product to customers, setting sales areas, goals, and analyzing sales data (“Sales Manager” What’s para. 1). Although a sales manager performs many duties, people in this position will also set a sales goal for the year, and will build a sales outlook on what they will do in the upcoming years (“Sales Manager” Sokanu para. 1).A person in this position will also manage where the goods and products their company will be distributing by giving certain sales area where a salesman will work and sell the product (“Sales Manager” Sokanu para. 2). During work time, a sales manager may be asked to hire and train a new salesman added to his team (“Sales Manager” Sokanu para. 3). Occasionally, a sales manager will interpret sales statistics in a specific area when looking where to assign certain salesman to a sales territory (“Sales Manager” Sokanu pa...
As an organisation grows and expands, the human resource department. will know that the organisation needs to recruit more staff and they plan carefully and carefully. Recruiting staff in an organisation is very expensive. and costly, so the human resource function helps the organisation to.
The main topic for this Extended Essay is to analyze the effectiveness of company’s market strategy. A marketing strategy can be defined as a process that helps a business to optimize the opportunities in order to complete business objectives, which mainly gain profits. It includes all basic and long-term field activities of marketing that deal with the analyzing of initial strategy, evaluation of the strategy, and making of a new strategy if the initial strategy is found to be ineffective or even might cause loss. (Homburg, Kuester and Krohmer 2009) To make sure the effectiveness of marketing strategy, its crucial to establish the right marketing mix which cover all the element needed in marketing a product. (Clark, et al. 2009)