Business Functions and Organizations

A business function describes the capability of an company unit to perform a specific job. It is based on work capacity, expertise and skills. It is just a key component of strategic planning and helps make an organization designed for the challenges it faces. Business functions provide a platform and terminology for defining the key activities of the organization. These types of activities happen to be classified into a here hierarchy of responsibility areas to avoid overlapping with other functions.

The relationship between organizational structure and values-driven business activities varies considerably. As the two areas may experience similar goals, the differences in organizational framework may well limit their alignment. To get case, an E&C officer might be more strongly allied with procurement and financial risk management than with environmental risk managers. And a CSR police officer may work with supply sequence managers and environmental risk managers.

Leave a Comment

Your email address will not be published. Required fields are marked *