Functional Areas of Business: Descriptions, Key Areas, and Employee Skills

Business Functional
areas

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Describing business.....................................................................................................................1
Functional areas of business........................................................................................................1
Key functional area of business..................................................................................................2
Description of the various functional areas in business organization.........................................2
Description of the types of skills needed by employees to be able to work effectively in
different functional areas.............................................................................................................3
CONCLUSION................................................................................................................................5
References:.......................................................................................................................................6

INTRODUCTION
Functional areas of business are those areas which is concern with performing daily
activity of an company. The main purpose of business functional areas is to make sure that all all
functional activities are going in right direction or not (Hu. and Han, 2019). Analysing the
performance of different departments within an organisation help the company to maintain
efficiency in their productivity and it also help in finding out that which department is lacking
behind in performing well and taking corrective measures to remove all those obstacles which is
presented. Functional areas of a business are HR department, marketing department, customer
service support and many others. IOM Electronics Ltd. is a British small scaled company which
was founded by John. They have their offices in Manchester and Liverpool, UK. They are well
known for regional organisation with total 200 employees. The following report covers
description of business, functional areas, list of functional areas for an company and employees
skills in different functional areas.
MAIN BODY
Describing business
Business is an economical activity which is done with the main aim of earning money
and for gaining fame. Sometimes business is done for societies benefit and well-being like
business for charitable missions which is involve to increase life standards of poor people. It
covers buying and selling activities where it is compulsory to have at least a buyer and a
consumer. Most of the businesses has the main aim of earning profit by satisfying their
customers by their offered products and services in market. Business can be done by single
person as well as more than one person (Wang and et. al., 2021).
Functional areas of business
Functional areas of business covers all those activities and departments which is done to
achieve organisational goal. In simple words it consist of main functional activities and
departments of a company. This departments contribute in increasing overall productivity by
increasing their daily performance. A business can not survive longer in the absence of
functional departments. HR, marketing department, production department, customer support
department and many others are the example of functional department. Nature and aim of
business describe that which department is considered their main functioning area.
1