Role of Business Functions and Importance of Working Together in Morrison
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Added on  2023/06/11
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This report discusses the role of different business functions and their effectiveness when they work together in Morrison, a retailing company. It also highlights the importance of combining all the functions to work together for cost reduction, continuity, and improved communication.
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Contents Introduction.............................................................................................................................................3 Role of the different business functions and importance of working together.........................................3 Conclusion...............................................................................................................................................4 Reference.................................................................................................................................................4
Introduction Inorganizations,businessfunctionsarethepracticesthatcarriedoutbyspecific organization or enterprise and can be divided into the core function and support functions. For a business, to operate in effective manner, several tasks are carried out by different functional department including finance, marketing, HRM and many more(Saiia and Schwartz, 2022).The company chosen in this report is Morrison which is a retailing company. This report will be based on the several business functions and their effectiveness when they work together. Role of the different business functions and importance of working together Role of marketing function-Marketing play a vital role in the promotion of mission and business of an organization. It serves as faces of a company that coordinates and produce all material represent a business(Mishra and Mishra, 2022).In Morrison its marketing function’s role is to reach out to the prospectus customers, community and investors when creating an overarching image that depict Morrison in a positive light. Role of finance function-Main role of this function in the organization is to provide all financial information that is required by other business function in order to operate in effective and efficient manner. This function also supports the business planning and their decision making. All the changes inside an organization monitored by the financial function and then it determine the impact of all changes on the organizational financial position. Role of the HRM function- This function perform essential role in a business as it recruit right people for right job in a company so that they can hire a fresh talent in their organization. It also efforts to improve the employer and employee relations. HRM function of Morrison maintains a safe working environment and also supports workplace safety training and federally mandated logs for the workplace injury and fatality reporting. Role of the production function- It play crucial role in the organization(Zhang, 2022).In Morrison, it help them to decide best way and design to carry put the manufacturing,this function supervise, manager and control the workforce, production function looks after quality of the equipment and its maintenance so as for carrying on manufacturing process smoothly. Importance of all these function working together It is an effective method for business to combine all the function to work together as it cost the cost and also provide continuity as well as improve communication(Nandy, 2022).
When Company combine function that work closely together, for instanceifMorrison combine its HR and accounting and marketing, they have a better communication because some employee manage all the function. If all functions work together then it reduces the number of the manger required and their cost. Conclusion From the above report it is concluded that in organization different functions are to be performed with different role. All these functions work to accomplish the organizational goals. If these function work together then it becomes easier for them to attain their task with limited resources and fewer efforts. Therefore, it s advised to all organization that they make their all function o work together in order to accomplish their task effiencitly. Reference Saiia, D. and Schwartz, M.S., 2022. The continuum of strategic philanthropy: Rationalizing the context for philanthropy in business and society.Business and Society Review. Mishra,S.andMishra,P.,2022.Analysisofplatformbusinessandsecurebusiness intelligence.International Journal of Financial Engineering, p.2250002. Zhang, C., 2022. Function of Big Data Technology in Strategic Transformation of Small and Medium Sized Enterprises. InInnovative Computing(pp. 509-514). Springer, Singapore. Nandy, M., 2022. Evaluation of Financial Performance in Global Context. InRelationship between R&D and Financial Performance in Indian Pharmaceutical Industry(pp. 139- 144). Palgrave Macmillan, Singapore.