Functional Areas of Organisation and Required Skills for Effective Work

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Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
1.) Discuss the different functional areas of organisation. .........................................................3
2.) Discuss the type of skills that is important for an employee to do work effectively in these
functional areas...........................................................................................................................4
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business functions represents that what kind of work conducts within the community of
business and a set of elements that can performed by the organisation departments. It is
commenced by commitment of company, transform information, materials and output
procedures(Bogoviz And et.al., 2019). This report is based on IOM Electronics Ltd.( a highly
known company with 200 workers and it is located over two areas Liverpool and Manchester).
This report is considers different organisational functions and discusses about several
proficiency of a person that is important to accomplish the task effectively in these areas.
MAIN BODY
1.) Discuss the different functional areas of organisation.
Human Resource: It is very important department for business. HR is the specialist who
tackle all the responsibility related to talent enrichment, recruiting capable candidate and
managing the relations between the employees. It includes liabilities which helps to stay update
with any sort of laws that might influence the organization and its representatives. The role of
HR in IOM Electronics is to increases accuracy within the workplace by which the workers
fulfill their task effectively and efficiently.
Marketing: It refers to the process of promotion, pricing sales and distribution. It can
provide products and services that meet with needs of customer. Marketing professional are
responsible for market research and target audience. In general, department of this function have
many divisons to focus such as SEO, web design, customer service etc. In case of company, it
helps to coordinate and delivers that product which can represent the business and achieve its
objectives with increse in market share.
Finance: This function of business is potray to control all financiql activities which
includes planning, obtaining and managing the funds of the organisation(Bugrova And et.al.
2017). In IOM ltd company finance plays a very crucial role by manging monetary transaction
and also identifies risks that organisation can bear and tried to generate revenue for the growth of
business. And it also helps the company is to make expectation in respect to what kind of risks
arise in the coming scenerio and how company can overcome with it.
Research and Development : This functions is concerned about the new ideas,
innovation and technologies for improving existing items of the company. It includes market