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Module 1
Assignment:
Functional Areas
of Business
Name: Tertsegha Daniel Ipilakyaa
Learner ID:
tipilakyaa@learner.nexford.org
BUS5002: Business Concepts
Instruction
s
In this module, we discussed the functional areas of business, and we
covered their individual roles in the organization. In this assignment, you
will create a narrated presentation explaining the functional areas that
you have identified in your Coffee Shop business.
You may use the format below:
I. Business Overview (You can create a Business Name for the Coffee
Shop that you discussed in the previous activity in this module)
II. Functional Areas (Discuss the role of each functional area in your
business. Why are these areas important to your business? What
are the responsibilities of the people working in these functional
areas?)
III. Conclusion
IV. References
Important Note: This presentation is narrated. You are required to
embed a video or audio narration in each slide. Your MS PowerPoint in
Office365 has the feature of recording audio and video.
**Feel free to add more slides if needed.
This narrated presentation will
give an overview of my coffee
shop called "VDD Coffee Inn."
VDD Coffee Inn wants to give
coffee enthusiasts a warm,
welcoming space where they
may savor fine coffee and
delectable delicacies. Our goal is
to provide a social hub where
patrons may unwind, mingle, and
engage in their passion for
coffee.
Business
Overview
Functional Areas
1. Operations
The Coffee Shop's daily operations fall under the purview of the Operations
department. This include keeping an eye on supplies, making sure that fresh
foods are available, and maintaining machinery. The Operations staff are also
in charge of managing the food and drink production and presentation.
Providing clients with effective and reliable service is their main objective.
2. Marketing and Sales
In order to promote VDD Coffee Inn and draw in clients, the Marketing and
Sales department is essential. They design advertising campaigns, formulate
marketing plans, and oversee social media accounts. In order to determine
consumer patterns and choices, this team also performs market studies.
Their objectives are to boost revenue generation, foster client loyalty, and
raise brand exposure.
Functional Areas Continued
3. Human Resources
At VDD Coffee Inn, personnel management falls under the purview of the
Human Resources (HR) division. They are in charge of hiring, choosing, and
orienting new hires. To improve employees' abilities and expertise, HR is also
in charge of training and development initiatives. They also oversee payroll,
benefits for employees and labor law compliance. Their main goals are to
develop employee happiness and a positive work environment.
4. Finance and Accounting
The section in charge of overseeing VDD Coffee Inn's finances is the Finance
and Accounting division. They are in charge of financial reporting,
projections, and budgeting. Along with managing cash flow and keeping
track of costs, this staff also makes sure that tax laws are followed. They
play a critical role in making wise financial decisions and preserving the
company's financial stability.
Functional Areas Continued
5. Customer Service
At VDD Coffee Inn, the Customer Service division is essential to
guaranteeing client happiness. They respond to consumer questions,
address grievances and offer tailored support. This group works hard to
make the clients feel at home and welcomed while making sure all of their
demands are satisfied. Strong customer ties and an improved overall client
experience are their main objectives.
Conclusion
Every functional aspect is essential to VDD Coffee
Inn's success. We can guarantee efficient
operations, draw in and keep clients, uphold our
financial stability, and foster a happy work
atmosphere by handling these areas well.
Contributing to the Coffee Shop's performance as a
whole are the duties of those employed in various
functional areas, which are in line with the
company's objectives and goals.
References
Functional Areas of Business (2023,
November 6)
Retrieved from
https://courses.lumenlearning.com/wm-
introductiontobusiness/chapter/reading-
functional-areas-of-business/
Thank you!

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Functional Areas of Business: A Nexford University Assignment

  • 1. Module 1 Assignment: Functional Areas of Business Name: Tertsegha Daniel Ipilakyaa Learner ID: tipilakyaa@learner.nexford.org BUS5002: Business Concepts
  • 2. Instruction s In this module, we discussed the functional areas of business, and we covered their individual roles in the organization. In this assignment, you will create a narrated presentation explaining the functional areas that you have identified in your Coffee Shop business. You may use the format below: I. Business Overview (You can create a Business Name for the Coffee Shop that you discussed in the previous activity in this module) II. Functional Areas (Discuss the role of each functional area in your business. Why are these areas important to your business? What are the responsibilities of the people working in these functional areas?) III. Conclusion IV. References Important Note: This presentation is narrated. You are required to embed a video or audio narration in each slide. Your MS PowerPoint in Office365 has the feature of recording audio and video. **Feel free to add more slides if needed.
  • 3. This narrated presentation will give an overview of my coffee shop called "VDD Coffee Inn." VDD Coffee Inn wants to give coffee enthusiasts a warm, welcoming space where they may savor fine coffee and delectable delicacies. Our goal is to provide a social hub where patrons may unwind, mingle, and engage in their passion for coffee. Business Overview
  • 4. Functional Areas 1. Operations The Coffee Shop's daily operations fall under the purview of the Operations department. This include keeping an eye on supplies, making sure that fresh foods are available, and maintaining machinery. The Operations staff are also in charge of managing the food and drink production and presentation. Providing clients with effective and reliable service is their main objective. 2. Marketing and Sales In order to promote VDD Coffee Inn and draw in clients, the Marketing and Sales department is essential. They design advertising campaigns, formulate marketing plans, and oversee social media accounts. In order to determine consumer patterns and choices, this team also performs market studies. Their objectives are to boost revenue generation, foster client loyalty, and raise brand exposure.
  • 5. Functional Areas Continued 3. Human Resources At VDD Coffee Inn, personnel management falls under the purview of the Human Resources (HR) division. They are in charge of hiring, choosing, and orienting new hires. To improve employees' abilities and expertise, HR is also in charge of training and development initiatives. They also oversee payroll, benefits for employees and labor law compliance. Their main goals are to develop employee happiness and a positive work environment. 4. Finance and Accounting The section in charge of overseeing VDD Coffee Inn's finances is the Finance and Accounting division. They are in charge of financial reporting, projections, and budgeting. Along with managing cash flow and keeping track of costs, this staff also makes sure that tax laws are followed. They play a critical role in making wise financial decisions and preserving the company's financial stability.
  • 6. Functional Areas Continued 5. Customer Service At VDD Coffee Inn, the Customer Service division is essential to guaranteeing client happiness. They respond to consumer questions, address grievances and offer tailored support. This group works hard to make the clients feel at home and welcomed while making sure all of their demands are satisfied. Strong customer ties and an improved overall client experience are their main objectives.
  • 7. Conclusion Every functional aspect is essential to VDD Coffee Inn's success. We can guarantee efficient operations, draw in and keep clients, uphold our financial stability, and foster a happy work atmosphere by handling these areas well. Contributing to the Coffee Shop's performance as a whole are the duties of those employed in various functional areas, which are in line with the company's objectives and goals.
  • 8. References Functional Areas of Business (2023, November 6) Retrieved from https://courses.lumenlearning.com/wm- introductiontobusiness/chapter/reading- functional-areas-of-business/

Editor's Notes

  1. Done