Functional Areas in Business Organization and Required Employee Skills

World of Work

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Various functional areas in business organisation.......................................................................1
Describe the types of skills needed by employees to be able to work effectively in the
functional areas............................................................................................................................3
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Business involves various functions in order to effectively and successfully conduct its
activities. It comprises of several functional areas which individually concentrate on researching
and development of business. These functions demand particular set of skills and expertise from
employees. In this report, the selected company is IOM Electronics which is a well-known
regional firm with around 200 employees that is going to be acquired by John. (Baum, 2019).
This report covers different functional departments within an organisation which are essential for
conducting business operations. It also highlights the several set of skills required and how they
impact other areas.
MAIN BODY
Various functional areas in business organisation
Businesses activities includes several functions like strategic planning, decision making
process, effective communication and proper coordination of all business functions. Every
company organises their operations in number of areas to manage all tasks efficiently. The scope
as well as importance of these departments depends on the structure of organisation. It is
essential for companies to adopt hierarchy in their departments for smooth flow of
communication. Essential functional departments within IOM Electronics are described below:
Human resources- It is one of the essential area of organisation which manages
workforce of companies. It comprises activities like recruiting, hiring, selecting, training,
controlling and guiding employees so that it maximised employees productivity and
performances. In IOM Electronics, human resource department resolves any issues arises
between employees and create harmony in actions of employees (Hijzen and Schwellnus, 2018).
Human resource managers project all employees efforts in direction of achieving organisational
goals. Their responsibilities is to organise activities in ways that optimally utilise all the
resources of company to effectively meet objectives. Workforce of organisation are important
asset of business as they help in increasing financial position of company and in gaining
competitive advantage.
Marketing- In modern business world, it is an essential function of business as it is not
limited to local areas only but also increase global reach. This department is related to
maximising brand awareness and driving the promotional engines of business. It is the process of
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