Business Organization
Business Organization and Finance, Legal and Economic Principles
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(Textbooks)
The book, "Business Organization and Finance, Legal and Economic Principles", by William A. Klein (Edition: 10TH 07).
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Commentaries and Cases on the Law of Business Organization
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(Textbooks)
The book, "Commentaries and Cases on the Law of Business Organization", by William T. Allen, Reinier Kraakman and Guhan Subramanian (Edition: 2ND 07).
Merchant: Textbooks
Organization
Most businesses must accomplish similar functions regardless of size, legal structure or industry. These functions are often organized into departments. Common departments include (but are not limited to):
; Finance and control : typically responsible for bookkeeping, financial reporting, financial controls and the raising of the capital necessary to run the business. See also Accounting
; Human Resources : typically responsible for hiring, firing, payroll, benefits, etc.
; Marketing and sales : responsible for selling the business' goods or services to the customer and for managing the relationships with the customer
::; Marketing : typically responsible for generating demand for the business' products or services
::; Sales : finding and processing the sale of the business' products or services
; Production/service : makes the product or delivers the service
; Procurement : responsible for acquiring the goods and services necessary for the business. Sometimes organized as:
::; Strategic sourcing : determines the business' needs and plans for acquiring the necessary raw materials and services for the business
::; Purchasing : processes the purchase orders and related transactions
; Information Technology : manages the business' computer and data assets
; Communications/Public Relations : responsible for communicating to the outside world
; Administration : provides administrative support to the other departments (such as typing, filing, etc)
; Internal Audit : an independent control function typically accountable to the Board of Directors for reporting on the proper functioning of the other departments
Management is sometimes listed as a "department" but typically refers to the top level of leadership within the business regardless of their functional role.