Corporate View

Chapter 2 Vocab

Richard Bigelow (intern)

Bundle
Two or more items sold as one item
Corporate Communications
Department in charge of communications within a company
Customer Support
Department in charge of assisting customers with a company's products
Finance and Accounting
Department in charge of managing the company finances and cash flow
Information Technology
Department in charge of installing and maintaining the company's information and communications systems
Legal Services
Department in charge of handling the company's legal issues and needs
Management
Department in charge of the company's basic functions
Manufacturing
Department in charge of building the company's products
Marketing and Sales
Department in charge of selling and getting people to buy the company's products
Problem-solving Workgroups
Workgroups existing to solve problems in a company's functions
Product Workgroups
Workgroups existing to create a product from research to marketing
Research and Development
Department in charge of developing new products and processes
Revenue
Money received by the company for a product or service
Shipping
Sending products out to customers
Synergy
Creative power resulting from teamwork
Warehousing
Department in charge of storing and shipping a company's products
Win-Win
A solution with positive effects on those involved