Functional Areas of Business: Description and Required Skills

BSc (Hons) Business Management with Foundation
BMP3004
World of Work
Functional Areas
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Contents
1.0 Introduction 3
2.0 What is a business? 3
3.0 What is Functional areas of business – Definition
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4.0 What are the key functional areas of a business?
3
5.0 Description of the various functional areas in business
organizations
5.1 Marketing 4
5.2 Human Resource Management 4
5.3 Finance 4
5.4 Sales 4
6.0 Description of the types of skills needed by employees to be
able to work effectively in these functional areas
6.1 Skills needed by Marketing employees 5
6.2 Skills needed by Human Resource Management employees 5
6.3 Skills needed by Finance employees 5
6.4 Skills needed by Sales employees 6
7.0 Conclusion 6
References 7
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1.0 Introduction
The current work centers upon the different useful regions in a business organization
stressing upon the primary cycles that John is needed for the fruitful working of his business.
The report additionally centers upon the different abilities which are required alongside their
exchange capacity across different spaces of business capacities accentuating upon their
importance and how these grants the labor force to play out their errand adequately in each
space of business activity (Chintalapati and Pandey, 2021). Further, different models will be
applied to help the investigation which are being made to help John in distinguishing the
prerequisites just as obligations which are engaged with every day business activities and
how they in the end prompts John making the progress in his business.
2.0 What is a business?
The term business alludes to a financial framework or any association wherein labor
and products are being purchased and sold for one another in against of any money related
addition.
3.0 What is Functional areas of business
The idea of functional aspects of business alludes to explicit skillet set or a task that is
being used to have fruitful activities of a business and leads the association to foster a
particular useful design which can be applied in various models of business (Diyorbek,
2020).
4.0 What are the key functional areas of a business?
There are commonly four areas of organizational functions in which any business works.
These are mentioned under:
 Sales
 Human Resource
 Finance
 Marketing
The essential functions of above mentioned departments in the end directs the total
business for its drawn out maintainability. Each departmental capacity plays out their
assignment in better way as a strong unit as opposed to working separate particular from
every office. In generally speaking, the association functioning as an incorporated unit
demonstrates helpful for the accomplishment of big business with a presence of concordance
among each.
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