Functional Areas in Business Organisations

Functional Areas

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
Describe the functional areas in business organisations.............................................................3
Describe the types of skills needed by employees to be able to work effectively in these
functional areas...........................................................................................................................4
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Functional areas is the unit which is performing the several task with the consideration of
attaining the organisational goal of the company. There are group of people who are working
with the supervision of their seniors and performing their job role(Seigler, 2017). This report is
based on the business case study in which an individual John is planning to purchase IOM
Electronics Ltd., for that functional areas and the skills required for employees will be covered in
their report.
TASK 1
Describe the functional areas in business organisations.
An organisation is associated with the several department that perform the whole
operations of an organisation in order to complete the particular task in an appropriate manner.
IOM Electronics Ltd, perform the operations with the help of their respective departments so it is
important for them to work with proper co-ordination so that they can attain the common
objective of the business. Several department are explained as follows:
 Sales and marketing department: It is the unit which is responsible for analysing the
geographical location where the company can sell the products and services of the
company in order to increase the sale of an business enterprises. Marketing unit is engage
in the promoting the good and services by using the various promotional tools so that
they can cover the pool of customers in order to increase the sale of the company. It is
important for sales and marketing department to coordinate with the other department so
that work can be rightly distributed and accomplished. In context of IOM Electronics Ltd,
they can generate the higher sale by using the best promotional tools in order to advertise
their products in the large market.
 Finance department: This unit is the backbone for any organisations as they are
concern in procuring and allocating of funds according to the needs of several department
so that each unit can perform their operations in an efficient manner by having sufficient
resources for them. They procure the funds from their investors and bank on a agreed
interest to be paid by the firm for a period of time. In context of IOM Electronics Ltd,
they must emphasis on using the organisational resource in an effective manner so that