Corporate functions refer to the various departments and activities within a company that support its overall operations and objectives. Common corporate functions include human resources, finance, marketing, and operations. Each function plays a specific role in ensuring the organization runs smoothly and efficiently.
These functions work together to achieve the company's goals. For example, human resources manages employee relations and recruitment, while finance oversees budgeting and financial planning. Marketing promotes products or services, and operations focuses on the production and delivery processes. Together, these functions create a cohesive strategy for business success.