• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

The function for Cadbury Schweppes.

Extracts from this document...


Functional areas The function for Cadbury Schweppes are all engaged to achieve CS objectives. The separate functions have their own specialised employees that are skilled and knowledgeable in each separate function. There are six main functions that consist in CS, which are: * Finance * Production * Human Resources, HR * Marketing * Administration * Research and Development, H&D These functions for CS are very important for the objectives for CS to be achieved and achievable. Without these functions, CS objectives would be hard to achieve. Finance: This department is vital for CS to maintain their objectives especially the aim for worldwide growth. The finance department is important for CS because it is responsible for the control of money in CS. This is important towards CS aims, especially growth because the finance function if the cost is mot monitored, CS could loose the cost, which causes CS objectives to be reduced. The other importance for the financial function is: * Customers can be slow for paying or even sometimes not paying at all. This causes a loss of income, which can be effective for CS objectives because without income, CS can't buy any raw materials and labour. This affects CS objectives because without income, CS will find it hard to accomplish their main objectives. For example, if CS always receives a slow payment by their customers, CS will find to it hard to employ because of the low wages that the employee will receive, which cause the employee to be un-motivated, which can lead to a reduction of employees and the reduction of their objectives. ...read more.


is involved with the management of people. The personal department looks after the welfare of the workforce. The things that HR is responsible for are: * interview and recruit appropriate employees * develop a superior training program * facilitate growth in teamwork and decision making * optimize employee performance measurement mechanisms * provide guidance for management * identify succession planning candidates In today's tight labour market, HR strategies are critical to CS future success particularly identifying, training, developing and retaining top employees. Job requirements are changing for all industries; performance management has become a critical link to developing productive workers and managers; identifying tomorrow's leader's takes front stage as companies grow and change; rewards structures demonstrate commitment to retention. The way that the HR department helps CS to achieve their objectives is vital for the company to be successful. The HR department produces many ways to help CS to achieve their objectives. A large part of CS's objective for growth is the Human Resources department of these companies, who are responsible for hiring the people with the knowledge to bring new technology into a company. To be successful in the automotive market, these companies needs a highly skilled, flexible and committed work force, a flexible and innovative management, the ability to retain developed talent, and a strong partnership between management and labour unions. To achieve these goals, the company needs a talented HR department. Besides hiring the right people to manage and perform specific jobs, HR managers have to build up commitment and loyalty among the workforce by keeping them up to date about company plans, and laying out the implications for job security and working conditions. ...read more.


Research and Development, RD: CS need to develop long-term strategies, and an important part of this strategy must be the continual development and launch of new products (e.g. Boost), or amendments made to existing products (Dairy Milk). This is the purpose of research and development. CS department for RD is simply and defined by: 'Carrying out extensive scientific research into the product and its design, and then developing a range of prototypes, each to a slightly different specification.' This statement that I received form CS shows what the RD department does when researching and developing with confectionary and beverages. The prototype (e.g. Boost) which best meets the needs of the customers and the business is then likely to be commercialised. The development of products can take several years to complete and many businesses spend a huge amount of money on this process (e.g. CS spent between 5-15 million pounds 3 years ago on RD). It can often be a very risky process, since much money can be spent on ideas that will never be commercialised. The RD helps to meet CS objectives because the businesses which are most likely to succeed in the future are those which develop more new products than their closest rivals, bring their new products to the market in less time than their rivals, compete in more products and provide very strong after-sales service to customers. This all leads to the achievements of CS objectives e.g. if RD develop more chocolate in different variety's and quicker that their competition, then they will gain advantage, which will increase their growth. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. I have selected a nursery because there is high demand in the UK as ...

    All the research, which I have done, based on demographic policies, trends in birth, change in family size, population movements is in Appendix 4 Source://www.population-growth-migration.info/index.php? Page=population.html Technological-The technological factors can be the invention of new toys if any new toys or any equipment is being introduced then the nursery has

  2. Business Aims and Objectives.

    However, they still have many smaller shops that find it difficult to compete with big supermarkets. These local stores are kept partly for idealistic reasons, as some of their older or less well-off customers find it impossible to visit out of town stores.

  1. Analysis of The Cadbury company.

    flow of 401 million pounds * Dividends going up 0.05 an increase by 5% in one year * Relating back to the objectives Cadbury increased sales by 6%. Which gave them a profit increase of 15% Cadbury is successful because it has promoted itself with the underground.

  2. The topic I have chosen to study is the classic 'Cadbury Dairy Milk' chocolate ...

    West Africa is a major producer today, with Ghana growing some of the best quality cocoa in the world. The 'Quakers' were one of many non-conformist groups formed in the 17th centaury in protest against the formalism of the church.

  1. Analysis of The Cadbury company.

    Cadbury's new cocoa bean was advertised as "Absolutely pure...Therefore the best", the new product was endorsed by trade and medical opinion. This is what turned the vast struggle of the two brothers into a supreme worldwide company that is known as Cadbury's but the introduction of cocoa essence was not

  2. Analysis of The Cadbury company.

    making capital for and there are new share holders buying Cadbury shares all the time. It is obvious that Cadburys need money to operate like any other business but because of their huge success they are quite safe and don't have any serious money issues.

  1. The Balanced Scorecard

    For example, the selling process had traditionally been dependent on institutional advertising of the bank's services. The bank did not have a selling culture. The bank personnel were reactive. A major reengineering program was launched to redefine the sales process into one which is relationship based.

  2. Human resources

    The main difficulties of local entrepreneurs are unnecessary bureaucracy and lack of understanding of the daily realities of business management. This means that SMEs are suffering most from the burden and complexity of regulation. SMEs also meet with more difficulties when looking for finance, for information, when trying to find appropriate skilled workforce, to access technologies, etc.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work