Importance of Business Functions in Vodafone

This document discusses the importance of various business functions in Vodafone, such as HR, finance, marketing, and operations. It explores their roles and responsibilities within the organization and how they contribute to the overall success of the company.

GRADUATE
CHALLENGE

Executive summary
Business function are essential aspect for business operation and communication. All
department have proper linkage with different departments as per there roles and demand.
Vodafone is telecommunication firm based within United Kingdom focuses on various
departments such as Marketing, Finance and operational department as well as its importance
(Eco, 2016). Marketing plays a crucial role within promoting the mission as well as business
where as finance department is accountable for planning regarding expenditure of funds on
several assets. Beside this HR department is responsible for managing the staff members life
cycle such as hiring, recruiting, training and firing of the employees of Vodafone

Table of Contents
Introduction......................................................................................................................................3
Main Body.......................................................................................................................................3
Conclusion.......................................................................................................................................4
REFERENCES................................................................................................................................5

Introduction
Background of Vodafone
Vodafone which is known as telecommunication firm based within United Kingdom with
interest within United States and Europe. A British radar as well as an Electronics entity founded
within 1950 (Ang, 2016). In the year 1983, Racal founded its Vodafone subsidiary and also won
the first cellular network fop British.
Present Report focuses on Vodafone various departments such as Marketing, Finance,HR
and operational department as well as its importance (Vodafone Business.2020).
Business department
Human Resource Department
It is considered as a group of people who are accountable for managing the staff members life
cycle such as hiring, recruiting, training and firing of the employees of Vodafone and also
administering the benefits of the employees of Vodafone (Coordination between different
department.2018).
Importance
One of the reason why human resource department is vital as due to the recruitment
requirement of firm. Employee recruitment also involves selecting new hires, interviewing,
selection the right candidate for right Job (Bratton.and Gold, 2017). They are known as the
lifeblood of the firm, this department provides a high return on the Vodafone's business
investment within its individuals. After selection of candidates they are gives training to the
employees and achieve the goals as well as standards of the firm.
Finance Department
It is known as the part of an entity that is accountable for acquiring funds for entity, managing
funds within Vodafone and also accountable for planning regarding expenditure of funds on
several assets
Importance
The Department of finance gives entity management within necessary data in order to
make the strategic decisions (Eco, 2016). For example which projects to pursue, the payback
period regarding large capital purchases, decisions on what must be given out of the firm's
earning as well as what needs to plough back within business of Vodafone (What Are the
Functions of Organizational Structure.2018).

Marketing
Marketing department drives sales of its goods and services in order to promote the
business of a firm. It gives the necessary research so that identify target consumer as well as
other audiences (Deepak.and Jeyakumar,2019).
Importance
The department of marketing plays a crucial role within promoting the mission as well as
business of Vodafone. It is the job of the marketing department to reach out the consumers,
investors or the community.
Operation
It is a department that assures that the production process is achieved from beginning to
end. These processes required line up with goals as well as functions of several other
departments of Vodafone (Ang, 2016). Such as New product development, Research and
development.
Importance
It is accountable for making user that consumer orders are filled on schedule.
Interrelationship
the different business department in Vodafone are interlinked to each other due to their
respective roles and responsibilities in business environment (What Is the Relationship Between
Organizational Functions & Organizational Structure.2019). The human resource department is
clearly responsible for talent acquisition for different department requirement needs and
preferences. Whereas finance department have to look into allocation of budget to marketing
operation along with calculating revenue and profitability of Vodafone. Operation will meet up
demand estimation of marketing function. For example, Vodafone will improve connectivity in
areas where marketing department will show up high demand.
Conclusion
From the above it had been summarized that Business functions of several departments of
Vodafone such as HR departments accountable for Hiring and selecting, accounts is for issues
associated with management of money and flows of money ,Marketing is for selling and buying
goods and services and operational is for beginning and end of products used within a firm

REFERENCES
Books and Journal.
Ang, R., 2016. Vodafone Global Telecommunications: Optimizing Operations. IUP Journal of
Operations Management.15(4). p.46.
Ang, R., 2016. Vodafone Global Telecommunications: Optimizing Operations. IUP Journal of
Operations Management.15(4).p.46.
Bratton, J. and Gold, J., 2017. Human resource management: theory and practice. Palgrave.
Deepak, R.K.A. and Jeyakumar, S., 2019. Marketing management. Educreation Publishing.
Eco, B., 2016. Department of Accounting, Finance and Economics (Doctoral dissertation,
GRIFFITH UNIVERSITY).
Tavana, M. ed., 2017. Enterprise Information Systems and the Digitalization of Business
Functions. IGI Global.
Online
Coordination between different department.2018. [online]. Available through
< https://www.hospitality-school.com/coordination-hotel-front-office-other-departments/>
What Is the Relationship Between Organizational Functions & Organizational Structure.2019.
[online]. Available throughhttps://smallbusiness.chron.com/relationship-between-organizational-
functions-organizational-structure-18571.html
What Are the Functions of Organizational Structure.2018. [online]. Available
throughhttps://bizfluent.com/list-6532419-functions-organizational-structure-.html
Vodafone Business.2020. [online]. Available throughhttps://www.vodafone.com/business/home