Globalisation and Business
Added on 2021-02-20
10 Pages2694 Words77 Views
Introduction To Business
Table of ContentsINTRODUCTION...........................................................................................................................3Main Body.......................................................................................................................................3Functional areas and hierarchy of management.....................................................................3Communication in Leadership and Management...................................................................4Drivers of Globalisation and their impact on businesses.......................................................5Comparison of styles of Leadership/Management Dwell......................................................1Conclusion.......................................................................................................................................2REFERENCES ...............................................................................................................................3
INTRODUCTIONBusiness is referred to a group of individuals or functions who performs functions andproduce products and services so that through fulfilling requirements and expectations ofcustomers profitability can be earned by them in marketplace. All these functions or activities aremonitored by managers or leaders through providing guidance and support to their employees sothat desired goals can be obtained effectively. Chosen organisation for this project is Dwellwhich is a retailer in UK and offers designed furniture products to their customers. Thisassignment will describe several functions and hierarchy of management along with this,leadership and management styles which are adopted by Dwell for managing their functions. Atlast, report will covers comparison between leadership and management. Main BodyFunctional areas and hierarchy of managementDwell is a UK based furniture retailer which offers designed furniture products to thecustomers through offline and online channels in the whole market of UK. Company is alsodoing its operations at medium level within the UK (Ganson and Wennmann, 2018).Organisation was founded in 2003 with an aim of updating whole furniture market of UnitedKingdom and now company successfully operating its business in 36 stores through out the UK.Along with this, management of Dwell have categorise the whole functions within severaldepartments like finance, sales, operations and quality checking so that through using theirefforts goals of firm can be achieved effectively. These departments and their functions aregiven as below:Finance: This division of Dwell is responsible for providing and managing the funds toeach department of business organisation so that business operations can be carried out insmooth manner. This department also assist the management of Dwell in purchasingadvanced tools and techniques which are important for carrying out the businessoperations effectively without facing any difficulty.Sales and marketing: This division of Dwell have responsibility to deal with clients andpromoting the offerings of firm in market. In addition, marketing division also conductmarket research so that current needs and requirements of customers from the offerings
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