Role of HR, Marketing, and Finance in Organizations

Introduction
To
Business Studies

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1) Describe the role of HR, marketing and finance functions within organisations...................1
2) Develop an understanding of collaborative work practices....................................................3
3) Demonstrate knowledge of the role of financial management and reporting with in the
organisation.................................................................................................................................4
CONCLUSIONS..............................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
The business refers to the organisation in which various people work together in different
departments. They work together to manufacture or sell the products and with this they can make
a profit by selling these products. The business have different departments of function which
help the organisation to deliver the best services among customers. It consist of management,
finance, HR and other departments who plays specific role in the organisation(Barbero and Puig,
2016). In context of Tesco organisation, the departments follows various roles and strategies
from which they can accomplish their goals. This includes the role of HR, marketing and finance
department which are discussed in this report.
MAIN BODY
1) Describe the role of HR, marketing and finance functions within organisations.
There are various department occur with in organisation which plays an important role
with in it. With the help of these department, it is easier for the organisation to initiate various
activities and services from which they can achieve required goals of an organisation. These
department are needed to be implemented with in organisation who deliver services on a large
scale. Likewise, in context of Tesco, they deliver services on a large scale across the country so
they need to update these department in their organisation. The implementation of these
department can help to shape the frame of businesses in an effective manner so that the
productivity can increases.
HR
The human resource department refers to the managing of people and employees of the
organisation. The roles and responsibilities of an human resource manager is to manage the
activities around the company. Their roles in the organisation of HR are described below.
 Training:- the role of HR is to conduct various training programmes that can help the
new and old employees so that they can improve their skills. This will help the
employees in their working style from which then can enhance productivity and
increase the profits of the organisation (Cantwell, 2015).
 Recruitment:- the efficient employees plays a important role in succeeding of an
organisation. So this is the role HR manager to hire such appropriate people who can
enhance the services more. Their role includes to advertise about the vacancy,
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