TABLE OF CONTENTS INTRODUCTION..........................................................................................................................3 MAIN BODY...................................................................................................................................3 Identification of different business functions performed by Apple company............................3 Analysing the significance of different business functions and way they are are linked with each other....................................................................................................................................4 CONCLUSION...............................................................................................................................4 REFERENCES...............................................................................................................................5
INTRODUCTION Each and every business function has great importance whether it is marketing, finance , HR , sales etc. All business functions within an enterprise areinterconnected with each other. The interrelationship betweendifferent business function is very much crucial in order to drive firm towards success. The essay will have focus onidentifying therole of business functions of Apple company.It is basically multinational companywhich offers customers with computer hardware , software and mobile devices such as I-phone.Essay emphasizes on analysing the importance of interrelationship between different business functions. MAIN BODY Identification of different business functions performed by Apple company Businessfunctionsisbasicallyadifferentactivitieswhichareperformedbyan organisation in order to accomplish desired objectives.The business functions can be further classified into two these are core and supporting business functions.It is the core business functions which assist an enterprise in generation of income.Thenon core business functions supports the core business functions (Kasemsap, 2018.). In context of Apple,it is an American multinational organisation which offers professional software applicationand I phones.In addition to this,I-phone is an organisation line ofsmartphones based on its iOS operating system. The business functions of Apple are : Marketing :The role of the marketing is to assist an enterprise in promoting the goods or services.In addition to this,role of the marketing is to assist apple company in identification and fulfilling the needs of customers. It is the duty of marketing to support business entity in developing the strong relationship with customers (Teece, 2018). Finance :Finance function in Apple company includes acquisition as well as use of funds v which are required for smooth operations. Role of finance function in apple company is to arrange funds and help an enterprise in fulling the needs of business operations. In addition this, role of finance function in an enterprise is to manage funds (Painter, Hibbert and Russon, 2018. ).
Operations:Important role ofoperational function in Apple company is to manage the procedure of creation of products. Human resources :Role of human resource function in apple company is tomanage business activities as well as people within an organisation. Analysing the significance of different business functions and way they are are linked with each other The marketing department is linked with the operational department. It is the marketing department which provides all essential customer related information to operational department onthebasisofwhichproductsorservicesareproduced.HRresourcedepartmentis interconnected with finance department. It is the finance department which provides information about the availability of funds to HR department on the basis of which they design the incentive plan for workers (Harmon, 2019.). The interrelationship between different functions or department is very much essential for helping the firm in achieving desired objectives.In addition to this, interrelationship between different business functions is also crucial for smooth running of business. CONCLUSION It has been concluded from the essay thatall the functions in business are interrelated. From the above report it has also been summarised that an effective interrelationship between different functions is also important in order to help firm in accomplishing the desired objectives. The other thing which has been concluded from the essay few important functions such as marketing assist an organisation in generating income.
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REFERENCES Books and Journals: Painter, M., Hibbert, S. and Russon, J.A., 2018. Sharing vocabularies: Towards horizontal alignment of values-driven business functions.Journal of Business Ethics, pp.1-15. Kasemsap, K., 2018. Mastering business process management and business intelligence in global business.InGlobalBusinessExpansion:Concepts,Methodologies,Tools,and Applications(pp. 76-96). IGI Global. Teece, D.J., 2018. Business models and dynamic capabilities.Long Range Plannin.51(1). pp.40- 49. Harmon, P., 2019.Business process change: a business process management guide for managers and process professionals. Morgan Kaufmann.