Any firm is made up of a number of people each performing a different job. Underneath are several examples of these people and the departments they belong to.
Any possible firm you can imagine earns a revenue by selling a certain good or service. As a way to have a product that will bring them the said profit a great deal of thought has to go into developing one. The research and development department in a business is an example of department that is concerned with developing brand new products along with improving existing ones. It's amongst the most important facets of any corporate organization as it enables them to offer a product that customers want in the most reliable and inexpensive way possible. Absolutely all companies engage in the R&D procedure for their merchandise. Some companies outsource these activities to specialised businesses, whilst others have specialised R&D departments that work towards building their products. Some examples of companies that have their own R&D departments feature Proctor and Gamble’s research and development department. R&D is frequently the very first step in the development process of a product, and it is one that lets it to stay on top of its competition.
When we look at the different departments in a company hierarchy, we will find the board of directors right at the top of that hierarchy. This board is made up of some members and is chaired by the president of the board, who have a personal interest in how the company is run, but usually don't have a direct effect on how the firm is run on the daily basis. Illustrations of such bodies feature the Telecom Italia board. The board’s primary aim is to guarantee the long-lasting success of the organisation by jointly directing the affairs of a business. The board meets on a regular basis in order to examine and vote on significant matters that impact the future of the firm.
A business uses many different forms of tools as a way to create a specific product, and arguably one of its most significant means are its workers. This is precisely why all businesses have an unique department to maintain this asset called the human resource department, like the National Geographic Society's HR department. This department is concerned with a variety of tasks, such as recruitment and selection of new workers; training and development of existing workers; employee relations and grievance procedures; wellness and safety measure to ensure that employees work in a safe environment. In the recent years the HR role have gained an particularly significant function in the organizational structure of a company, as there is a continuously growing need to recruit workers that are particularly fitted for the job and the general work environment of that particular company.