Facebook Pixel Code
x
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Basic Organizational Design of the Prime Movers Inc and Freight Forwarder Organization Essay Example

Show related essays

Basic Organizational Design of the Prime Movers Inc and Freight Forwarder Organization

This is a preview of the 9-page document
Read full text

Basic Organizational Design of the Prime Movers Inc and Freight Forwarder Organization. Prime Movers Inc. is a company owned by five individuals, who each have placed equal amounts as the initial investment for the company. Eventually, it targets to offer stocks sharing to other interested investors, possibly after the first year of operations. Each of the investors will play a major role in the operations of the company, but they have chosen among themselves who would be the most appropriate Executive Director who will oversee the whole organization.
Under the Executive Director would be five major divisions for the company: Sales; Marketing including Advertising & Promotions, Product Development and Business Development; Administration including Logistics and Procurement; Finance;

and Customer Service. Each will be handled by a Senior Manager who will be reporting to the Executive Director. Sales Team will be in charge of looking for accounts, both individual and corporate, to bring revenue to the company. Marketing supports the organization by mobilizing each subdivision to strengthen the brand, find innovative products and services, and introduce these to the market. Part of its functions is also to sustain market knowledge of the company. Product development handles research and finds a way to improve the services being offered, while Business Development is in charge of finding the right sales channels for the business to thrive. Each has their own important roles in ensuring that the company performs well in the market.
Administration handles all logistical requirements of the company, and partners with other companies that complement Prime Movers’ operations. Another subdivision of this is the Procurement group, who will handle transactions for asset acquisition. Finance will handle incoming and outgoing financial transactions. A subdivision for Finance is Asset Management, which is very crucial for the company to maximize every resource available to achieve its targets. Lastly, but certainly not the least important, is the Customer Service Team, which will handle inquiries and after sales for Prime Movers.  . Basic Organizational Design of the Prime Movers Inc and Freight Forwarder Organization.

This is a preview of the 9-page document
Open full text

Reference

List

Freight Forwarder 2009. Retrieved November 29, 2009 from http://en.wikipedia.org/wiki/Freight_forwarder

Freight Services Maryland 2009. Retrieved November 30, 2009 from http://articles.directorym.com/Freight_Services_Maryland-r1247275-Maryland.html

Freight Forwarding 2009. Retrieved November 30, 2009 from http://www.bbb.org/greater-maryland/accredited-business-directory/freight-forwarding

Maryland at a Glace 2009. Retrieved November 30, 2009 from http://www.msa.md.gov/msa/mdmanual/01glance/html/economy.html

Maryland 2009. Retrieved November 30, 2009 from http://en.wikipedia.org/wiki/Maryland

US Census Bureau. Retrieved November 30, 2009 from http://quickfacts.census.gov/qfd/states/24000.html

What is Freight Forwarding 2009. Retrieved November 30, 2009 from http://www.wisegeek.com/what-is-freight-forwarding.htm

Close ✕
Tracy Smith Editor&Proofreader
Expert in: Business, E-Commerce, Marketing
Hire an Editor
Matt Hamilton Writer
Expert in: Business, Finance & Accounting, Macro & Microeconomics
Hire a Writer
preview essay on Basic Organizational Design of the Prime Movers Inc and Freight Forwarder Organization
WE CAN HELP TO FIND AN ESSAYDidn't find an essay?

Please type your essay title, choose your document type, enter your email and we send you essay samples

Contact Us