Functions of the Various Departments - JSS1 Business studies Past Questions and Answers - page 2
What are some key responsibilities of the Human Resources department?
The Human Resources department is responsible for various tasks such as recruitment and staffing, training and development, employee relations, and managing compensation and benefits.
How does the Finance and Accounting department contribute to the organization's success?
The Finance and Accounting department contributes to the organization's success by managing financial resources effectively through tasks such as financial planning, budgeting, accounting, auditing, and treasury management. They ensure compliance with financial regulations, provide financial analysis to support decision-making, and help optimize the allocation of resources.
What role does the Research and Development department play in driving innovation within the organization?
The Research and Development department is responsible for driving innovation by conducting scientific or market research, developing new products, services, or technologies, testing and validating ideas, and managing intellectual property. They contribute to the organization's competitiveness by staying ahead of market trends, identifying opportunities for improvement or differentiation, and creating value through innovation.