Course: AR0103061 Training and Human Resources Development
Lesson 1: Using Training and Development to Address Human Resource Needs
Topic 5: Organizational Functional Specializations Page 1 of 3
An organization's basic resources are the 4 Ms (and their associated departments) , which meet the requirements of the organization's market:
We could consider Marketing to be the "5 th M." Strictly speaking, the 4 Ms are really factors of production, and Marketing is an external factor or goal.
(
Please note that the 4 Ms apply to organizations engaged in manufacturing or producing material goods, and may not be appropriate for those engaged in services, such as advertising or law
)
The people who work in an organization - its human resources - can also be categorized based on responsibility: those who are directly responsible vs. those with a supportive function (line vs. staff, administrative vs. operations).
Course : Training and Human Resources Development - Lesson 1 - Topic 5 - Page 1 of 3
