Comparing and Contrasting The Five Business Functions in Saudi Arabia

Essay by mufizzUniversity, Bachelor'sA+, March 2007

download word file, 12 pages 5.0

To asses the assignments we have select two large good reputed organizations from Secondary Sector & Tertiary Sector of Industry within Kingdom of Saudi Arabia. From Secondary sector i.e. Manufacturing, the first company being HADEED (A SABIC Affiliate) which provides tangible product i.e. Goods & Commodities - Steel Products and other from Tertiary Sector i.e. Service, is Saudi Telecom Company (STC), which satisfy its customers by provides high standard of intangible product i.e. Services - Telecommunication Network. We will start our assignment by stating the companies overall policies and then we will compare and contrast the five main business functions i.e., Human Resource Management, Marketing, Operations, Accounting & Finance, and Information Management of both the organizations.

Saudi Iron & Steel Company (Hadeed), established in 1976 and wholly owned by SABIC, the first fully integrated and largest manufacturer in Saudi Arabia, produces steel rebars and wire rods, in the Jubail Industrial city.

The mission statement of Hadeed is to provide comprehensive and competitive steel products through employee empowerment with safe and environmentally sound practice.

The STC has emerged as the result of privatization that began in late 20th century. Telecom services were administered by the former Saudi Post, Telex, Mail and Telephone Ministry. STC provides wired and wireless communication services such as fixed telephone, Mobile network, Internet and so on. Saudi Telecom Company (STC) deliver high quality telecom services that meet its customer's needs, enriches their lives & contributes to their businesses, using state of the art telecom services while becoming an economic & cultural pioneer that reflects the kingdom's values & progress benefiting all shareholders, customers & employees.

We will analyze the first business function, Human Resources Management. When we compare the Manufacturing company with Service industry in HR function , there isn't much distinction because both of them contributes...