Functional Areas of a Business
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This document discusses some similarities between a sole trader business called Al La Kebab and a public limited company called Marriot, specifically their shared functional areas of customer service, finance, information and communications technology, and human resources. These functional areas play vital roles in both businesses, with finance keeping financial records and budgets, and good customer service from Al La Kebab helping to build loyalty and success.
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Functional Areas of a Business
Functional areas are the different departments in a business that specialize in certain tasks. Some common functional areas are finance, human resources, customer service, marketing and sales, distribution, research and development, administration support, production operations, IT support, and purchasing. Functional areas may be organized differently depending on the size and needs of the individual business.
Organisational Functions
All organizations must manage core functions like sales, marketing, finance, and human resources to provide products or services and meet customer needs. Additional functions like production, purchasing, and research and development are also important for many businesses depending on their industry. Administration is crucial for organizing and supporting the work across all functional areas, keeping the business running smoothly. Research and development focuses on improving products and production processes and is a major investment for industries like automotive and pharmaceuticals seeking future growth.
Organisational Functions
The document discusses the various organizational functions within a large company such as Sainsbury's. It describes the main functional areas as administration, customer service, finance and accounts, research and development, sales, marketing, production, and human resources. It provides details on the roles and importance of each functional area, including that administration supports the work of the organization, customer service looks after customers, finance monitors income/expenditure and is important for decision making, research and development improves and develops new products, and the other functions include sales, marketing, production, and human resources.
Functional areas of business
Business management is complex and requires successfully managing multiple functional areas. There are several key functional areas that must be effectively managed for a business to achieve its goals. These include finance, human resources, administration, production/services, marketing, sales, customer service, and research and development. Each functional area plays an important role like finance which deals with spending and receipts, human resources which deals with employees, and production which focuses on transforming raw materials into finished goods for manufacturing businesses.
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The document outlines five main functional areas in business: finance, research and development, human resources, marketing, and production. It explains that companies organize into functional areas or departments to divide responsibilities and facilitate cooperation between areas. Specifically, it provides details on the typical responsibilities of the finance, human resources, marketing, production, and research and development functions.
Functional areas of a business
The document discusses several key functional areas of a business including finance, marketing, HR, production, and communication. It provides details on each function such as the key aspects involved in marketing like identifying customer needs, developing products/services, pricing, promotion etc. It also discusses concepts in production/operations around inventory management, quality management, and total quality management. For HR, it covers areas such as recruitment, training, performance management. It emphasizes that while businesses have distinct functions, there is overlap between them and communication is important. Functions need to work collectively and be aligned to achieve business goals.
Business function
This document discusses the various business functions within an organization. It defines a business function as an action that produces a result to help achieve the organization's overall purpose. The document then categorizes functions as either internal functions like research and development, production, sales, and supporting functions like computing and human resources. It also discusses external functions such as those provided by chartered accountants, management consultants, recruitment agencies, advertising agencies, and public relations firms. Each function is described in 1-2 sentences.
Functions of a business
The document provides descriptions of the roles and responsibilities of various business departments, including sales, purchasing, manufacturing, administration, customer service, logistics, finance, human resources, IT support, marketing, research and development, and legal.
The sales department is responsible for selling products and services, taking orders, negotiating prices, and keeping customers informed of new offerings. The purchasing department finds suppliers and ensures the business has what it needs to operate. The manufacturing department physically makes products. Administration keeps the business organized while customer service handles customer issues and feedback. Logistics oversees operations and ensures efficiency. Finance manages money, taxes, and financial reporting. Human resources handles personnel. IT support maintains technology. Marketing communicates with customers. Research
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Functional Areas of a Business
Functional areas are the different departments in a business that specialize in certain tasks. Some common functional areas are finance, human resources, customer service, marketing and sales, distribution, research and development, administration support, production operations, IT support, and purchasing. Functional areas may be organized differently depending on the size and needs of the individual business.
Organisational Functions
All organizations must manage core functions like sales, marketing, finance, and human resources to provide products or services and meet customer needs. Additional functions like production, purchasing, and research and development are also important for many businesses depending on their industry. Administration is crucial for organizing and supporting the work across all functional areas, keeping the business running smoothly. Research and development focuses on improving products and production processes and is a major investment for industries like automotive and pharmaceuticals seeking future growth.
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The document discusses the various organizational functions within a large company such as Sainsbury's. It describes the main functional areas as administration, customer service, finance and accounts, research and development, sales, marketing, production, and human resources. It provides details on the roles and importance of each functional area, including that administration supports the work of the organization, customer service looks after customers, finance monitors income/expenditure and is important for decision making, research and development improves and develops new products, and the other functions include sales, marketing, production, and human resources.
Functional areas of business
Business management is complex and requires successfully managing multiple functional areas. There are several key functional areas that must be effectively managed for a business to achieve its goals. These include finance, human resources, administration, production/services, marketing, sales, customer service, and research and development. Each functional area plays an important role like finance which deals with spending and receipts, human resources which deals with employees, and production which focuses on transforming raw materials into finished goods for manufacturing businesses.
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The document outlines five main functional areas in business: finance, research and development, human resources, marketing, and production. It explains that companies organize into functional areas or departments to divide responsibilities and facilitate cooperation between areas. Specifically, it provides details on the typical responsibilities of the finance, human resources, marketing, production, and research and development functions.
Functional areas of a business
The document discusses several key functional areas of a business including finance, marketing, HR, production, and communication. It provides details on each function such as the key aspects involved in marketing like identifying customer needs, developing products/services, pricing, promotion etc. It also discusses concepts in production/operations around inventory management, quality management, and total quality management. For HR, it covers areas such as recruitment, training, performance management. It emphasizes that while businesses have distinct functions, there is overlap between them and communication is important. Functions need to work collectively and be aligned to achieve business goals.
Business function
This document discusses the various business functions within an organization. It defines a business function as an action that produces a result to help achieve the organization's overall purpose. The document then categorizes functions as either internal functions like research and development, production, sales, and supporting functions like computing and human resources. It also discusses external functions such as those provided by chartered accountants, management consultants, recruitment agencies, advertising agencies, and public relations firms. Each function is described in 1-2 sentences.
Functions of a business
The document provides descriptions of the roles and responsibilities of various business departments, including sales, purchasing, manufacturing, administration, customer service, logistics, finance, human resources, IT support, marketing, research and development, and legal.
The sales department is responsible for selling products and services, taking orders, negotiating prices, and keeping customers informed of new offerings. The purchasing department finds suppliers and ensures the business has what it needs to operate. The manufacturing department physically makes products. Administration keeps the business organized while customer service handles customer issues and feedback. Logistics oversees operations and ensures efficiency. Finance manages money, taxes, and financial reporting. Human resources handles personnel. IT support maintains technology. Marketing communicates with customers. Research
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The document discusses the key functions and departments within organizations. It defines an organization as a group of people working together to achieve common goals. The main functional areas that are discussed include human resources, sales and marketing, research and development, production/operations, customer service, finance and accounts, and administration and IT. Each department has specific responsibilities and goals to support the overall success of the organization. Planning, organizing, leading and controlling (POLC) are identified as the main pillars of management required for any organization.
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留信网认证的作用:
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Functional Areas of a Business
- 1. By: Kendra S Rankin
- 2. Al La Kebab is a sole trader business, the Marriot is a public limited company, which means that there are some differences in each business. However here are some similarities, some functional areas they have in common, customer services, finance, ICT and human resources. These functional areas play a vital role in each business.
- 3. Finance finance is important for the business because the business will then be able to keep records and accounts for giving advice on budgets to other departments and for paying wages and salaries.
- 4. Customer Service If Al La Kebab keep their customers happy and loyal to the company by giving information and advice, ensuring products are available, providing a delivery service and an after- sales service, they will have a lot of customers which means a successful business.