Management Structure and Business Functions - Importance and Interrelation

Management structure
and business functions

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK ..............................................................................................................................................3
Management structure and business functions............................................................................3
Marketing functions....................................................................................................................4
Management functions................................................................................................................5
HR and talent management.........................................................................................................6
Organisational culture ................................................................................................................6
CONCLUSION ...............................................................................................................................6
REFERNCES:..................................................................................................................................7
Books and Journals:....................................................................................................................7

INTRODUCTION
The report aims to identify the importance of various management and business functions
within an organisation. Management is the crucial and key activities which is require in all types
of organisation whether it is small, large, public or privately owned firm (Heikkilä, Kaipia,and
Ojala, 2018). It has universal applicability in order to carry out daily tasks and activities in a well
structured way. This report is going to understand various functions which an organisation
perform to succeed in sales and profitability. Also, there will be discussion of its advantages and
disadvantages and role of organisational culture. This discussion involves how these
management function are related to various business departments.
MAIN BODY
TASK
Management structure and business functions
An organisation structure is an important areas which describes how the communication
will flow and take place among different departments (Tursunov, 2017). It showcase different
rules and responsibilities to avoid confusion and all the members will connected with each other.
The main purpose of organisational structure is to systematically perform business functions
through working under the levels of hierarchy.
Management is the pervasive and most vital elements for the success of company. It
binds all the employees together with single aim of the organisation and put control of each
activities to be performed according to set standards. It undertakes function of planning,
organisation, hiring, organising resourcing and controlling.
There are different kinds of organisational structure in order to effectively communicate and
coordinate with all the organisation members.
Hierarchical organisational structure: This structure is widely used in the organisation.
It shows clear lines of communication and which maintain coordination at all levels and
department (Macchi, Savino, and Roda, 2020). The advantage of this structure is that,
employees work without confusion and create a positive work environment. Whereas,
disadvantage of this structure is that, due to lines of communication employees could not give
their ideas and opinion which eradicate innovation from the organisation.