Importance of Different Business Functions for Morrisons Supermarket

This report discusses the importance of various business functions for Morrisons Supermarket, including marketing, finance, human resources, and operations. It also emphasizes the importance of these functions working together well to ensure the proper usage of resources, drive values, and generate income for the enterprise.

Business Report

EXECUTIVE SUMMARY
It is to summarise that the business report is prepared on Morrisons Supermarket which is
engaged in operations of supermarket store in retail industry to provide food and other retail
products. The purpose of the report is to develop insights about various business functions at
workplace.
Present business report highlight information about business functions and their importance.
It also includes importance of business functions working together well.

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Importance of different business functions..................................................................................1
Importance of all these functions working together well............................................................2
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3

INTRODUCTION
Business function could be delineated to practices which are carried out by organisation. It
assists in completion of working to create profit of venture for its stakeholders. Morrisons
Supermarket is largest chain of supermarkets having headquarters in West Yorkshire, UK
(Morrisons Supermarket, 2021).
The business report highlight importance of various types of business functions and
importance of working together well.
MAIN BODY
Importance of different business functions
Business function is defined to an operation which is performed on routine manner for
carrying out part of organisational mission. These are high level grouping of capabilities along
with processes for elaborating working (Shelton and Shopley, 2017). In Morrisons Supermarket,
functions ensure that venture runs properly as well as perform well for its stakeholders. Some of
business functions and their importance in Morrisons Supermarket are below:
Marketing: It refers to a business function that is responsible to promote and sell
offerings of venture. Within Morrisons Supermarket, marketing is important as it drives product
awareness, provide values to target consumers, builds trust based relationships with buyers and
promote brand value.
Finance: The function of entity that is associated to controlling addition to planning
funds required to carry out all kinds of tasks is finance function (Mapingire, van Deventer and
Van der Merwe, 2018). In association to Morrisons Supermarket, function of finance is
important because it arranges required financial resources, keep records up to date and ensures
that practices of company are undertaken without financial hiccups.
Human resource: Human resource function is in charge of attracting candidates,
arranging interviews, coordinate efforts of hiring along with onboarding new employees (Young,
2017). In Morrisons Supermarket, human resource is important as it develops, reinforces
addition to change culture of company wherein employees contribute excellence.
Operation: Operation function illustrates the ways in which core practices of enterprise id
designed together with function. It is basis of any kind of venture. For example, operation is
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important on Morrisons Supermarket as it plans, controls addition to supervise processes and
delivery of services.
Importance of all these functions working together well
All business functions are interrelated to each other at workplace as practices of one
function is directly or indirectly concerned with other functions (Singh, Pilkington and van
Staden, 2020). In case, when one of function does not carry out practices well, it interrupts
working of other functions also. In context to Morrisons Supermarket, working of all functions
together well is important as it influence collectivism, develop great bonds among departments
and enhances productivity of whole company. All functions apply various skills and knowledge
to come up with effective solutions on any issue.
CONCLUSION
From the report, it has been concluded that functions of business keep the business
establishment running smoothly along with maximise success. When business functions work
collectively, they ensure proper usage of resources, drive values and generate huge income for
enterprise.
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REFERENCES
Books and Journals:
Mapingire, K., van Deventer, P. and Van der Merwe, A., 2018, March. Positioning the role of the
enterprise architect: An independent study in a mobile telecommunications organisation.
In 2018 Conference on Information Communications Technology and Society
(ICTAS) (pp. 1-6). IEEE.
Shelton, R. D. and Shopley, J. B., 2017. Beyond the green wall: Rethinking the environment for
business advantage. In Greening the Boardroom (pp. 119-128). Routledge.
Singh, M., Pilkington, C. and van Staden, W., 2020, August. Protecting Personal Data Within a
South African Organisation. In International Information Security Conference (pp. 50-
64). Springer, Cham.
Young, J., 2017. Building a successful marketing analytics organisation. Applied Marketing
Analytics. 3(2). pp.112-122.
Online:
Morrisons Supermarket. 2021. [Online]. Available through: < https://www.morrisons.com/>
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