Introduction to Business

INTRODUCTION TO
BUSINESS

EXECUTIVE SUMMARY
Business consist of different functions and task that is helpful in performing
organisational operations in effective manner. The major department of organisation includes
human resource, marketing and finance. It is essential that all functions are performing their
business activities in effective manner in order to achieve desired goals. It has been analysed that
team work practices will help in enhancing performance as well as productivity of organisation.
Team work will aid in improving skills or capabilities of employees in order to achieve desired
goals. There are different tools and techniques that could be used by company for managing its
financial resources as well as reporting.

Contents
EXECUTIVE SUMMARY ............................................................................................................2
INTRODUTION..............................................................................................................................4
MAIN BODY...................................................................................................................................4
Describe the role and importance of HR Marketing and finance functions within organisations
................................................................................................................................................4
Explain teamwork and its importance and example to show how different departments work
together and share information with each other.....................................................................5
Explain financial management and its important for any organisation..................................7
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUTION
Motivation play a crucial role in growth and development of organisation. it is essential for
organisation to conduct various activities though which employees get motivated. This will help
in performing business task in effective and efficient manner (Herzberg, 2017). Motivation will
lead to enhancing productivity as well as performance of organisation in order to achieve desired
goals. The chosen company for this report is Cadbury. This organisation is dealing in
confectionery industry as well as providing different types of products to customers. Cadbury
company was established in 1824 and founder of this organisation was John Cadbury. This is one
of the well known company that is providing its products and services to different parts of
organisation. This report includes different roles of marketing, finance as well as human resource
function in a company. it includes in depth detail about collaborative working practices as well
as role of reporting and financial management within the business.
MAIN BODY
Describe the role and importance of HR Marketing and finance functions within organisations
In an organisation human resource, marketing as well as finance play a crucial role in
promotion of products and services (Steers and Sánchez, 2017). All of these are the important
functions of organisation as well as help in performing business activities. It is very important for
company to Human resource, marketing and finance play different role in promotion.
Role of Human resource Department
Human resource is responsible to conducting effective and efficient business functions. In
respective organisation human resource management team have to attract and retain talented
employees of organisation as this helps achievement of desired goals. Human resource is
important part of organisation as it play critical role in promotion of products and services
offered by organisation. It helps in finding or recruiting employees that is able to perform
promotional activities in effective manner. Human resource role is to train and develop
employees skill as well as capabilities so that employees of respective company can conducting
promotion function in effective and efficient manner. There are various was though which
respective company is promote of advertise its product in targeted market area. Role of Human
resource team is to understand and analyse the potential of employees in order to enhance its. By