Question

In: Accounting

How is the organization you work for departmentalized? Is it effective? (If you are not working...

How is the organization you work for departmentalized? Is it effective? (If you are not working pick a place you previously worked for)

Solutions

Expert Solution

Departmentalizatoon means structuring the organization into different different groups or department according to the specialization of the work they do. This helps any organisation whether product or service based to achieve higher efficiency and effectiveness in their growth.

For example I work for a Multinational IT company.

It has departments like Products, Engineering, Human resources, Finance, Procurement, Facilities and Support teams.

Functions or specialization of the department:

1 products- this deals with the core products they sell. They take care of the marketable products development and updates.

2 Engineering- this deals with the R&d part, looks for developing new products.

3. Human resources- this take care of the people management policies and recruitments.

4. Finance- this team looks for the accounting and financial planning part. They take care of the financial results and accounting part.

5.Procurement- they take care of onboarding vendors or contractors. They maintain the requisitions and purchase orders.

6. Facilities- this team looks after the office admin and facility part. All the facilities provided to the employees on floor are taken care by them.

7. Support teams- they support the customers issues and move ot forward to concerned departments for its resolution.

So these are the few core departments in my company which may be mostly common in any organisation of same business.

Yes these are effective as each of them work on their functional specialization, there is more productivity and efficiency all across the organization.


Related Solutions

Scenario Suppose you work for a wildlife conservation organization. You are working on creating a system...
Scenario Suppose you work for a wildlife conservation organization. You are working on creating a system to educate the general public about different animals and get them more interested in conservation. Aim Create a Eagle class that inherits from the Bird class and has a clutch size (eggs laid in one nesting) attribute. Change the behavior of instances of the Eagle class to include this clutch size fact when they're printed. Steps for Completion Go to your main.py file. Define...
Define organization and effectiveness. What are the signs of a modern and effective organization? How do...
Define organization and effectiveness. What are the signs of a modern and effective organization? How do organizations/managers of the 21st century differ from traditional ones? Define organizational behavior and management. Explain the relationship of these two terms.
Using the organization/company that you work for, or have worked for in the past, how do...
Using the organization/company that you work for, or have worked for in the past, how do they (1) align the budget with organizational goals and (2) align the budget with the mission of the company? How are capital decisions made? If you were in a position that you could change things, what would you change? Why? Support your answer with credible sources. If you have never worked for an organization, use the library to find an article related to budgeting....
How does the organization “manage” the short-financing needs of the organization? How do working capital policies...
How does the organization “manage” the short-financing needs of the organization? How do working capital policies affect the short-term financing needs of the organization? Should all short-term assets such as accounts receivable and inventory be financed with short-term financing? Why or why not?
Consider an organization now you work as HR manager. Explain how you will attract, develop and...
Consider an organization now you work as HR manager. Explain how you will attract, develop and retain human capital with a view to add strategic value to your organization? Minimum 2000 words
You are a nurse working in a disadvantaged community (indigenous community). Describe how you would work...
You are a nurse working in a disadvantaged community (indigenous community). Describe how you would work in partnership using a strengths-based approach with community groups to develop a mutually respectful and supportive collaboration in a high needs community to address a health issue on obesity
Either where you work, or an organization you are familiar with, do you believe your organization...
Either where you work, or an organization you are familiar with, do you believe your organization uses a flexible or static budget? Why do you think so?
How does the governmental organization for which you have been working with in your assignments structure...
How does the governmental organization for which you have been working with in your assignments structure its budget into funds? the organization is the city of Dallas
Assuming you are working in one of the industries above or simulated working environment, outline how your work practices are effected
AccountingBookkeepingInsuranceLending ServicesCredit ManagementMercantile ManagementBankingSuperannuationFinancial PlanningCredit UnionsCredit CheckingManaged InvestmentsConveyancingFinance, Mortgage and Insurance BrokingLoss AdjustingRisk ManagementFinancial MarketsWorkers’ CompensationAssuming you are working in one of the industries above or simulated working environment, outline how your work practices are effected, in particular with respect to relevant legislation, regulations and codes of practice, and organisational policy, guidelines and procedures. Discuss how triple bottom line principles can be applied to your own work planning and practices.
You are an experimental psychologist interested in finding out how effective a new medication might work...
You are an experimental psychologist interested in finding out how effective a new medication might work for treating depression. Describe a study you might conduct to reach some conclusions on this matter. Be sure to define and provide examples of the following terms and concepts, demonstrating your understanding of each: hypothesis, independent variable, dependent variable, random assignment of participants, ethical guidelines.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT