Importance of Different Business Functions and Academic Skills for Undergraduate Students
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Added on  2023/01/06
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This report discusses the importance of different business functions and academic skills for undergraduate students. It analyzes the interlink between business functions and explores the essential skills for success in a professional career.
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Table of Contents INTRODUCTION:..........................................................................................................................3 Task 1...............................................................................................................................................3 Analyse how different business functions are important and demonstrate their link with each other.............................................................................................................................................3 TASK 2............................................................................................................................................4 Elaborate academic skills as well as techniques that are essential for a undergraduate student4 CONCLUSION................................................................................................................................4 REFRENCES...................................................................................................................................5
INTRODUCTION: Therearevariousfunctionsthatareessentialtoundertakeinordertoachieve organizational objectives( Cunningham and Christie,2019).The present report gives insights about different business operationsin context of Tesco that is a multinational groceries and general products retailer based on UK. It consist information about several business functions and their interlinkwith each other. Further it discuss the skillsthat are essential for a undergraduate student to explore in career. Task 1 Question) Analyse how different business functions are important and demonstrate their link with each other Business operations such as management, finance, human resources, marketing, are essential to undertake in order to attain predefined objectives. In context of Tesco, managers of company carry out various functions to meet with the demand of potential buyers.Marketingis a crucial activity that helps to attract more number of buyer towards the product and service of organization( Hurst,Azevedo and Hawranik, 2018). It make them enable to earn higher profit margins through increasing in sales.Financedepartment of entity procure, allocate funds as per requirement. They are responsible to make efficient utilizations of available fund,minimize cost and inflate profit margin.Operationsis an essential functions that is carry out to ensure business efficiency and higher productivity.Human resourcesare key person of entity and put their efforts for the success and growth of organization. There are strong interlink between all these functions. Finance managers provide funds for promoting products on the another side marketing team help to enhance the inflow of cash through extensive promotion and advertisement. HR personnels hire suitable candidates for all other divisions within organization. Hence, there must be efficient link between different departments to enhance overall business performance and productivity.
TASK 2 Question) Elaborate academic skills as well as techniques that are essential for a undergraduate student Academic skills are necessary to enhance in knowledge and to explore in career. Undergraduate students should undertake certain academic skills such as writing, perform extensive research,deliver presentations, time management and so on (Paine, D.R., 2017). These students are near to start their professional journey and to be successful in professional career, it isimportanttohaveexponentialacademicpotential.Theyneedtohaveefficienttime management capabilities to perform assign task within pre-defined time. Extensive research will enhance their knowledge and render deep understanding about a particular topic. Furthermore, Presentation skills are important to grow and succeed in professional career. Writing skills will improve grammatical error and make them able to deliver quality content( Stacey, and Holland, 2017).It assists them to plan and write various essays, reports , projects in an effective manner. Efficient learning strategy is crucial in order to adapt the concepts of different academic topics. It will help them to develop deep understanding about a specific topic. Hence, there are various academic skills that should be present in an undergraduate student in order to get success and explore.
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CONCLUSION With the above report it can be concluded that several business functions such as marketing, operations, finance are crucial to enhance organizational performance. It states how different business operation s are interlink with each other. Further, it discussed about various academic skills such as writing, presentation, time management and many more that are important to be a successful undergraduate student.
REFRENCES Cunningham, E. and Christie, F., 2019. ‘There’s no place like home’: an exploration of graduate attitudes toward place and mobility. Hurst, D., Azevedo, A. and Hawranik, P., 2018. Building adaptive capacity in online graduate management education. InOn the line(pp. 265-280). Springer, Cham. Paine, D.R., 2017. Psychology, faith, and training: humility and mature alterity for graduate study.Journal of Psychology and Christianity,36(2), p.110. Stacey, G. and Holland, K., 2017. Graduate entry nurse education: A challenge or opportunity for the future of the profession?.Nurse education in practice,100(22), pp.A1-A2.