Functional Areas of Business and Required Skills for Employees

Functional areas

Table of Contents
INTRODUCTION...........................................................................................................................3
Business functional areas.......................................................................................................3
Skills needed by employees to be able to work effectively in these functional areas............5
CONCLUSION................................................................................................................................6
REFERENCE...................................................................................................................................7

INTRODUCTION
Functional areas are groups of individuals with similar skills and experience that operate
under the same division. Businesses arrange themselves into functional areas for a wide array of
purposes. This is much more effective to put employees with identical skills closely. They may
effortlessly collaborate on tasks that require their knowledge and also have backup knowledge if
one of the employees is incapable to accomplish their tasks. IOM Electronics Ltd. is taken as
base company. IOM Electronics Ltd. is a renowned start up company with nearly 200 people
operating in Manchester and Liverpool. The firm was founded by CEO John, regardless of the
fact that he lacked the necessary managerial competence. This has been discovered that
appropriate and successful collaboration among members of the team is required in order to
conduct the business. Furthermore, the personnel in the company organisation must have the
necessary abilities and expertise to run the firm efficiently. This report cover the role of business,
the functional areas of business as well as an evaluation of the abilities necessary by individuals
working in the business organisation.
A business is described as an independent body or group engaged in industrial, commercial
or professional activity. It comprises any business operation that involves the exchanging of
products and services for a benefit (Birtel and et. al., 2019). IOM Electronics Ltd. is the company
in this case study that sells and maintains important electronic items in Liverpool and
Manchester.
Business functional areas
The grouping or team of professionals that possesses comparable abilities and experience
in the seamless and successful running of the company is referred to as the functional areas of
business. As an illustration, consider the corporation's sales department as the common
functional area and the personnel participating in this selling area. The key functional areas of
the business are mentioned below:
Marketing: The marketing role comprises identifying and meeting the requirements of
consumers. Professionals working in marketing should be educated to pay greater attention to
consumers and so offer them with high-quality service in order to response to customer inquiries.
To properly handle the marketing function, this is important to do market research and gather
reviews on present and future consumers or services (Gupta and et. al., 2017). In addition,