Organizational Department Functions and Ethics

Flashcards covering the functions, responsibilities, and ethical concerns of various departments within an organization, including Marketing, Human Resources, Research and Development, Accounting and Finance, and Information Technology.

What are the functions of the marketing department?

Customer and market research, target market identification, branding, and advertising.

What is the marketing department responsible for regarding new product ideas?

Studying the market to evaluate the chances of the idea's success, setting pricing, and positioning the product.

What ethical concerns should marketing consider?

Data collection and privacy policies, brand messaging implications, and audience targeting procedures.

What are the primary responsibilities of the HR department?

Labor laws compliance, recruitment and onboarding, payroll compensation and benefits, and internal relations.

What does HR do regarding training and development?

Prepares employees for future leadership, provides fulfilling work experiences, conducts performance appraisals, and runs reward programs.

What ethical considerations are important for HR?

Hiring practices and procedures, labor laws and compliance, performance tracking, conflict management, and DEI initiatives.

What are the main functions of the R&D department?

Product improvisation and new product development (NPD).

What ethical concerns should R&D consider?

Product integrity, compliance with regulatory standards, and environmental stewardship concerns.

What are the duties of the accounting and finance department?

Accounts payable, accounts receivable and revenue tracking, payroll and taxes, financial reporting, and financial controls.

What ethical concerns are important for accounting and finance?

Fiscal transparency and state and federal filings.

What are the three major functions of the IT department?

Oversight, infrastructure, and functionality.

What ethical concerns should the IT department consider?

Privacy considerations, security measures, and access to data.