Importance of Business Functions Working Together

Graduate Challenge

Table of contents
Introduction....................................................................................................................................3
Marketing.....................................................................................................................................3
Finance.........................................................................................................................................3
Operation/Production...................................................................................................................3
Human Resources........................................................................................................................3
Importance of all the business functions working together.........................................................4
References.......................................................................................................................................5

Introduction
Marketing
The activities involved in the business or
organization that help promote the services and products to the customers by means of
advertising, product delivery as well as selling. Marketing have a significant role in the business
as it helps in promoting the objectives of the company. Marketing the company reach out to
different customers and the investors and provide them with the positive and clear image of the
company’s aim and goals.
Finance
The activities under finance provide fund
for the company or business. These activities include making purchases and investing. The
finance manager of the company manages the funds and is responsible for the deciding the
amount of money requirement for which cause, they have to use the funds in the best possible for
the company’s benefit and they are to decide how the get the required funds for the company.
Operation/Production
The work done to ensure the inner
functioning of the organization so the business run efficiently is called the operation/production.
The activities involve planning, organizing, coordinating as well as controlling that are necessary
for the production of the products in the company. The main role of the production is converting
the inputs into products.
Human Resources
The people working in the organization
who are responsible for managing the employees in the organization are called the human
resources. The human resources of the company play a vital role in the development of the
company. The HR involve in many activities like maintaining a healthy culture in the company,