Business > CAPSTONE SIMULATION > CAPSIM Simulation Functional Departments (All)
Functional Departments The world market is dynamic, and companies are striving to remain viable during these tremendous transformations period. The companies are putting pressure on the departments... that are mostly related to their product line to keep in line with the current dynamics in consumer behaviors. Overcoming the continuous dynamics in the business environments is possible through employing efficient management to aid in proper decisionmaking, especially in the core functional departments. The focus on the core departments in an organization may lead it to a transformation age to match the modern requirements to keep its sustainability. Every day customers' behaviors have been shaped by the advancement of technology and availability of broadband internet at homes. This leads to the desire of customers to be served at home. Thus, businesses are looking for ways to serve their customers at the comfort of their homes as it is rising to be the customers' desire. The focus on the core functional departments will lead the organization to comply with the demands arising from advanced technology and the internet. The core functional departments are four majorly associated with CAPSIM simulation. The four core departments include Marketing, Research and Development (R&D), Finance, and Production (Morin and Tamberelli, 2020). The four departments play unique and different roles in transforming any given organization to meet the changing customers' preferences. The research and development department involves all the activities that a business organization undertakes to develop new services and products. In most cases, it is the initial stage in the process of development. The R&D department enables the company to process products and sales platforms in line with the new demands of the customers. For instance, a company offering both fresh and frozen products in specific products will ensure that frozen products are still supplied to the customers at their homes. The undertaking is challenging, but through R&D, the company will develop products that can stay frozen for longer periods [Show More]
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