Introduction to Business Studies

Introduction to
business studies
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Table of Contents
Introduction to business studies.......................................................................................................1
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
The role of HR, marketing and finance functions within organisation..................................3
Develop the understanding of the collaborative working practices.......................................4
Demonstrate the knowledge of financial management and reporting within the organisation5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
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INTRODUCTION
The introduction of the business is designed to make the interested students to do many
functions within the modern business. The topic which are related to the business environment,
management, organization as well as marketing finance as well as data process. The business is
related to any of the activity that is carried out by the business after concerning the provision of
the goods as well as services with the review of making profit of the organisation. The business
studies is related to the examination of the business activities within the societies. These are the
activities related to the production of the goods and the provision of the services (Aggarwal,
Jindal and Seth, 2019). now, in the context of the company body shop the further discussion is
about body shop company will be discussed the different aspects of collaborative working
practices as well as understanding of the main factor of both external and internal factor that
impact the business.
MAIN BODY
The role of HR, marketing and finance functions within organisation
Marketing mix;
Product- the body shop is an international company that is producing more than one
thousand products. This is the naturally hand made products towards this is creating eco-friendly
natural products and using ingredients like sesame seed oil and marula oil. This product
constitutes the different product portfolio that includes the product like for dry skin, oily skin as
well as also the combination of skin. The body shop is also offering the ginger shampoo, body
gel and treatment of hands products. These are the products is really natural and can impact the
customer in and assist the customers to resolve the problems of customers. These product
differentiations can attract them towards the product of body shop company and increase the
productivity in an appropriate manner.
Functions;
HR department-The human resources and finance functions are often related to the two
opposite ends of the world. The Human resources department within the company like Body
shop focused on recruitment, engagement and development. The human resources and marketing
is focused on recruitment, engagement as well as development (Çera and Çera 2020).The
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