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Different Business Functions and Their Importance: A Case Study of TESCO plc

   

Added on  2023-06-17

4 Pages745 Words117 Views
Data Science and Big Data
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The Graduate
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Different Business Functions and Their Importance: A Case Study of TESCO plc_1

INTRODUCTION
The term business function may be define as the activities which are done by the
employees of the organisation to attain the goals of the business(Chatterjee, Ying and
Vishwanath, 2020) . These function play a very important role not only in achieving the
successful position in the competitive market but also help in developing a good image in the
heart and mind of the consumer. The following report is going to discussed on the different
functions of the TESCO plc. The company is the most popular brand of UK founded by Jack
Cohen in 1919 and the headquarter of the TESCO plc is located in England. Afterwords this
report covers the importance of all the different business functions.
MAIN BODY
Marketing department plays a very important role in the success of the business. The main
function of the marketing department is to identify the need and demand of the customer and
promote the business. They also responsible for identifying the market trends and make a
research report according to this. In relation to the TESCO, marketing mix techniques and digital
marketing tactics are used the manager of the manager of the marketing department in order to
increase the sale and make relation with hem.
Finance department, the employees of the financial department is responsible for generating
the different sources of fund for the company. They are also responsible for making the financial
report of the business and managing the account of the business. In relation to the TESCO, the
financial department of the company deals in making the report and budget for the company.
This area is also responsible for the managing the accounts of company and raise long and short
term fund from the market.
Production department, is that part of the company whose main role is to convert the raw
material into the finished goods(Dai and Wang, 2019) . The employees of the company is also
responsible for managing the quality and designing of the different goods and services of the
company. In relation the TESCO plc, the manager of the company is required to maintain the
quality of the goods and services of the company according to the need and demand of the end
consumer.
Human Resource Department, the main responsibility of this department is to recruit the
employees for the organisation. They hire the employees according to the skill needed in each
Different Business Functions and Their Importance: A Case Study of TESCO plc_2

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