Bis 219

Bis 219

There are several different departments that are utilized in operating an company no matter what kind of business it is.   The three organizational departments that I have chosen for this paper are the HR (Human Resource Department), Accounting Department, and the Management Department.   Each of these departments has specific responsibilities that affect a business but are not the single reason why a business succeeds or fails.

A large amount or majority of big and medium companies in the United States have Human Resources Departments within their companies.   The Human Resource Department is made up of a group of individuals given the responsibility of implementing strategies and policies in regards to the employees of the company.   Human Resource managers deal with all sorts of issues related to employees on a daily basis.   Some of these issues include employee compensation, employee safety, wellness, performance management, employee benefits and employee development and training.   Human Resource managers use software like kronos to staff employees and keep track of payroll.   Kronos can contain all employee records for a company and help reduce errors that may occur.

Every business has to account for any money that comes in and out of a company to show how the business is performing as a whole.   The accounting departments helps CEO and owners understand how much many needs to be saved, spent or invested to maintain the companies growth.   If the accounting of a company isn’t accurate the business can have misleading balance sheets causing negative affects and decisions based on the business.   The companies filing tax returns and ability to get financing are all based on the accounting of a company.   Businesses use various types of software to keep track of finances like Enterprise resource planning software.   This type of software is very expensive but very powerful and can analyze information in regards to finance, accounting, sales and service.   This...