Role of HR, Marketing, and Finance Functions within Organization

ASSESSMENT

Table of Contents
EXECUTIVE SUMMARY.................................................................................................................................3
INTRODUCTION...........................................................................................................................................3
Role of HR, marketing and finance functions within organisation ..........................................................3
Develop understanding of collaborative working practice .....................................................................5
Demonstrate knowledge role of financial management and reporting within organisation...................5
..................................................................................................................................................................... 7
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CCONCLUSION ............................................................................................................................................8
REFERENCES................................................................................................................................................9

EXECUTIVE SUMMARY
Business studies refers the several activities of the business enterprises that helps in
gaining tge higher profits and revenues. This report is based on the Morrison's that is a leading
supermarket within the UK. It includes the several aspects that is helpful to completing the task
of the business enterprise. In this role of finance, marketing and human resources are to be
included along with collaborative working practices that helps in smooth function of the
activities without creating any conflicts. At last in inculcates the role of financial management
and reporting that helps in gaining the profitability results to the business organization.
INTRODUCTION
Business activity refers to the activity of one’s living or earning money by manufacturing
or producing the goods and services. In this business study reflects the decisions that are
beneficial for regular activities within business so that it can survive for longer period of time.
This report is based on Morrison’s that is leading supermarket in UK that deals in clothing, foods
and many more. This includes the role of finance, HR and marketing that is significant for
gaining the task and gaining competitive advantage. Further it explains the team work that helps
in smooth functioning of activity. At last it inculcates the role of financial and reporting
management so that objectives can be attained on specific manner(Ghauri, Grønhaug and
Strange, 2020) .
Role of HR, marketing and finance functions within organisation
In business there are different types of activities are performed and in this every
department can understand their role effectively and efficient. In context of Morrison’s role of
different department i.e. HR, Finance and marketing can elaborated below:
Role of HR
 Evaluate employee performance- HR play an essential role within Morrison’s by
evaluating the employee’s performance on their current and past data so that they give the
productive work to company and gain higher profits. It is also importance for enhancing