department and their functions
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8/3/2019 Department and Their Functions
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ACCOUNTANT IN BUSINESS
UNIVERSITY OF MANAGEMENT AND TECHNOLOGY
Department and their functions
Orgnisation:An orgnisation is a voluntary association under which
members contribute their money for the sake of earning profitOrgnisation can achieve results which individual cannotachieve by themselves, like overcome peoples individual limitation, save time,accumulates knowledge. In easy words we can say that orgnisation enablepeople to be more productive.
Private & Public Orgnisation:Private Orgnisation:
Private Orgnisation is owned by a single person as afamily business and not owned by government agencies E.g. private banks likeaskari bank, faisal bank, mobile companies etc.
Public Orgnisation:Public orgnisation is owned by the government or local
government or government agencies E.g. Sitara textile mills, chenOne etc
yDepartment in Nokia mobile companyThere are 8 types of department exited in Nokia
mobile company that is under as;
RESEARCH AND DEVELOPMENT DEPARTMENTIntroduction:
Research and development consist of employeeswho are involved in some type of specialized research activity and
development of a product used by orgnisationResearch means to obtain new scientific or technical knowledge. Research and
development department nowadays is great important in business activities, because ofcompetition, production processes and method are used.
Research and development department in Nokia creates new technology in hissets, and adopt new software in N series, because of market demand and compete theothers mobiles companies.
PURCHASE DEPARTMENTIntroduction:
To purchase the material the orgnisation needs to
operatePurchasing manager, buyers, agents buy a farm product, goods, and services for
companies. They done a best deal for the company the highest goods at lower rate.Purchasing department includes material resources and services that are used by theorgnisation.
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ACCOUNTANT IN BUSINESS
UNIVERSITY OF MANAGEMENT AND TECHNOLOGY
The purchasing department in Nokia is to purchase material, new technologies andmodern application from Japan, China and other development countries. This job isdone by the manager, agents to keep in mind that the companies growth.
PRODUCTION DEPARMENTIntroduction:
A department that is directly involved in
manufacturing product. Example is the machining, finishing and
assembling departmentProduction manager plan, direct and coordinate the production activities required
to produce a vast goods. In Nokia this department controls the production quality andservice delivery. This department wants to produce better and flexible sets so it is usemodern technology and also see the demand of the people.
SERVISES DEPARTMENTIntroduction:
Service is intangible and enhances therelationship between customers and orgnisationServices business like health care, restaurant, education etc
The services department of Nokia provided the facilities, services to attract morecustomers in shape of giving lower packages rate and easy load facilities.
MARKETING DEPARTMENTIntroduction:
A department which typically include tasks such as
market operation research, advertising, product design, pricing and
sales
The market department should have a better understanding of the market andcustomer needs. The marketing department must act as a guide to other companysdepartment.
The marketing department in Nokia mobile company is checks out the marketoperation, see that which quality of sets needs by the customer, advertising our setsand information about sales provided to the production department.
FINANCE DEPARTMENTIntroduction:
Finance department keep the record of finance
which are issued to other department
In many companies, the finance department function is one of the most importantexpert roles in the orgnisation.
The finance department in Nokia mobile company is to provide finance to otherdepartment for there use and fulfill there needs. The Nokia financial managerexaminesthe data prepared by accountants and make recommendations to top management.
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8/3/2019 Department and Their Functions
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ACCOUNTANT IN BUSINESS
UNIVERSITY OF MANAGEMENT AND TECHNOLOGY
y Department in Pakistan RailwayThere are 8 types of department exited in Pakistan
Railways (public company) that is under as;
RESEARCH AND DEVELOPMENT DEPARTMENTIntroduction:
Research means to obtain new scientific or technical
knowledge, and development is use of existing scientific and technical
knowledge to produce new product or systemNow these days Pakistan railway research and development department activities
is researched on high speed trains both steel wheel and steel rail system. one maindevelopment aim ofPakistan railways is to provide reliability and durability.
PURCHASE DEPARTMENTIntroduction:
Purchase provide major contribution to cost andqualityPurchasing is a major department in any orgnisation weather it is public orgnisation
or private orgnisation. Purchasing department includes material resources and businessservices for use by the orgnisation.
Pakistan railways purchasing department purchase train boogies and better qualityengine from development countries like china. Not only passenger trains but alsopurchase a numbers of cargo and oil boogies. The purchasing department can delegateto departments the authority to buy certain boogies, engines, and cargo and oilsboogies.
PRODUCTION DEPATMENTIntroduction:
Production means to convert raw material into
finished goodsThe main role of production is to turn inputs (raw materials) into outputs (finished
goods). Outputs refer to a finished product or service and inputs are the materials thatare needed to manufacture certain goods. When a business completes this processthey are able to achieve customer satisfaction by producing products that are ready tobe used and fit for purpose.
Production department of railway produce better tracks and maximum speed inpassengers train for the purpose of saving time of busy people. Pakistan railways also
produce there own train boogies because of increasing demand of people abouttraveling.
MARKETING DEPARTMENTIntroduction:
The marketing department studies the market and the
target customers, decides the best way to reach these customers, and
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ACCOUNTANT IN BUSINESS
UNIVERSITY OF MANAGEMENT AND TECHNOLOGY
works with the rest of the company to help determine the new product
needs of the marketThe role of marketing department in the creation of quality, marketing is for
advertising, sales to retailers.The railway marketing unit plays a key role, along with top management, in
developing the other department of the railway. The railway marketing departmentdealing with customers, suppliers, distributor and other important groups.
FINANCE DEPARTMENTIntroduction:
Finance department handling the cash, invoices and
other financial documents and recording the affairs of business in the
books of accountsThe railway finance department is provide the cash for improve our services for
customers. Record the other activities done in other railway department.
SERVICE DEPARTMENT
Introduction:
Any benefit that one party offer to another and does
not result in the ownership of anythingPakistan railway provides the services for labours, management and Pakistani
students in shape of lower ticket cost. And some time the railway department ofservices provides that facility free from cost.
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