Interrelationship between Business Functions in Vodafone

This report discusses the interrelationship between different business functions in Vodafone, including marketing, finance, human resources, and operations. It explores how these functions work together to promote the business, manage finances, attract talent, and ensure smooth operations. The report also highlights the potential conflicts that may arise between different departments while delivering corporate plans.

Business function

Executive summary
Business function are the important process perform by employee rather than s hiring specialist
The department will look into managing all the budget expectation with reality of firm
performance.HR speciality will be responsible for attracting up talents, screening up the potential
candidates, managing with employee relation. There can be potential conflicts between different
functional departments while delivering corporate plans

Contents
INTRODUCTION...........................................................................................................................4
Marketing.....................................................................................................................................4
Finance.........................................................................................................................................4
Human resources.........................................................................................................................4
Operation.....................................................................................................................................4
Interrelationship...........................................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Business function are the important process in business operation. The different function will b
helpful in handle specialized department. This have clear dependency on the type of business.
there are several functions to be perfume by employee rather than s hiring specialist. This report
there will be discussion on interrelationship between different business function in Vodafone.
Marketing
The role of sales and marketing is to promote business reaching out the prospectus, potential
and existing partners, investors. The end goal of business to generate sales and increase with
brand awareness. Th marketing department of Vodafone helps in reaching out correct target
audience, monitoring company image on social media, creating advertising campaigns and
acquiring up customer.
Finance
the business function of this department has processing of tax payments along with filling up of
tax returns, invoicing customer along with assessing the firm financial performances along with
keeping in tracking in records. Vodafone finance looks into managing all the budget expectation
with reality of firm performance.
Human resources
HRM is one of important business function ensuring out the compliances with large number of
employees. Vodafone HR will be attracting up talents, screening up the potential candidates,
managing with employee relation and maintaining up optimum working conditions. HR will
ensure up compliance with labour and employment laws, addressing our employee enquiries a
solving of conflicts.
Operation
Operation department look into the variation in different products procurement and business
Operation must be ready with different alternatives. Vodafone will take decision outsourcing
business operation. The business portion have prime obligation to deliver up products in such a
quality as target by company. There is need to have alternative variable in suppling different
product in different direction.
Interrelationship
There is need to have proper development of links in the business plans to fulfil the
functional and departmental areas of business function. On the other hand, this will have
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situation with potential conflicts between different functional departments while delivering
corporate plans. The marketing department will work closely with operation one to ensure
adequate level of research and development aspect of firm according to perfect demand and
supply of customer desire. On the other hand, operation department will give up certain
deadlines ensuring competitive advantage.
Marketing and finance department have interrelationship providing up proper budget
allocation in meeting up research, promotion and distribution of products. marketing will look
into proper concentration of sale volumes along with building market share. Finance will look
into the proper arrangement of cashflow, cost covering and pay back of interest.
Marketing and HR look into providing up with aureate day to ay activities along with urge
of appropriate skills and staffing level as research will helps to develop up new ideas for product
HRM will look into the recruitments with training up in balancing out proper obligation.
CONCLUSION
From the above file, it can be concluded as Business function clear dependency on the type of
business The department will look into managing all the budget expectation with reality of firm
performance. There is need to have proper development of links in the business plans to fulfil the
functional and departmental areas of business function.
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REFERENCES
Books and Journals
Online
Arsić, S., Banjević, K., Nastasić, A., Rošulj, D. and Arsić, M., 2018. Family business owner as a
central figure in customer relationship management. Sustainability, 11(1), pp.1-19.
Wu, L., Wei, Y. and Wang, C., 2020. Disentangling the effects of business groups in the
innovation-export relationship. Research Policy, 50(1), p.104093.
Shih, C., 2016. Customer relationship automation is the new CRM. Harvard Business Review.
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