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Different Functional Areas and Required Skills in Business Organizations

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Added on  2023-06-18

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This report discusses the various functional areas within business organizations and the skills required by employees to perform effectively within them. It covers management and administration, operations, marketing and sales, and accounting and finance. The report also highlights the importance of communication, interpersonal, decision-making, problem-solving, organizational, coordination, creativity, numeracy, analytical, financial reporting, and IT skills in different functional areas. The conclusion emphasizes the need for employees to work on their function-specific skills to excel in their field.

Different Functional Areas and Required Skills in Business Organizations

   Added on 2023-06-18

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WORLD OF WORK
Different Functional Areas and Required Skills in Business Organizations_1
Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Different functional areas within every business organisation....................................................3
Different types of skills required by employees to perform effectively within different
functional areas............................................................................................................................4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
Different Functional Areas and Required Skills in Business Organizations_2
INTRODUCTION
There are different functions within every business unit that has been performed since
centuries and are controlled accordingly by different parts of the business. The basic reason
behind separating overall operation of a business into different functional areas is to allow
businesses to operate in such a way to ensure achievement of expertise within each of the
functional areas (Nawaz and Koç, 2019). So, that overall effectiveness and efficiency can be
achieved in a business. The present report is based on the discussion pertaining to various
functional areas within business organisation and also the discussion related to different types of
skills required to be possessed by employees to perform effectively within different functional
areas of business will be done.
MAIN BODY
Different functional areas within every business organisation
The main functional areas of business organisation are as follows that can be seen in almost all
business units:
Management and Administration: It is a very crucial function of every business and quality of
this function decides upon the success of the business (Kasaev, Petrovskaya and Kasaev, 2019).
The managers within every business unit has a role to supervise and manage other functions of
the business. The activities performed within this function are as follows:
Planning: This activity of management involves setting of long term and short term goals of the
business by framing and implementing appropriate strategies to execute these goals.
Organizing: Management of every business has a responsibility to organize the operations of the
organisation in such a way which ensures achievement of goals in an efficient way which
accordingly enables businesses to utilize their resources in an effective manner (Shams and et.al.,
2019).
Controlling: Major time of the managers of every business generally spent on controlling the
activities and affairs of the business in order to ensure that they are on the right track meant for
the achievement of their goals. When processes or people within businesses are away from the
right track, then managers take corrective actions to bring them on the track which is what
known as controlling.
Leading: Both practically and symbolically, managers are the one who performs the role of
leaders in the organisation (Kittlaus and Fricker, 2017). They act as leader while working in a
team or group to introduce with the new process or technique or products. Also, they are perform
the role of leader when they interacts with the customers, community and suppliers.
Operations: It depends upon the type and nature of organisation where one of the functional
department exists which is concerned with the manufacturing and processing of products and
services. It may be recognized as both operations or manufacturing department in the
organisation. Under this function, inputs such as factors of production are transformed into
output or finished products or services. This function is considered as the heart of every business
Different Functional Areas and Required Skills in Business Organizations_3

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