Business Report on Unilever Plc: Functions and Interlinkages
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Added on 2023/06/17
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This project report analyzes the different functions of Unilever Plc, including marketing, finance, human resources, and operations/production, and how they are interlinked. It also includes a brief introduction to the company and references.
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[TYPE THE COMPANY NAME] Graduate Challenge CW1 Business Report- Word Count 550
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Table of ContentsPage Numbers 1.1 Executive Summary 1.2 Introduction 1.3 Marketing 1.4 Finance 1.5 Human Resources 1.6 Operations/ Productions 1.7 How Business Functions Link 1.8 Conclusion 1.9 References 2
1.1 Executive Summary This project report summarise that business consist different activities like marketing, finance, purchase information and technology, human resource and many more. This report consist description of marketing, finance, human resource and operation function. It also includes interrelation of these department in context of organisation. 3
1.2 Introduction Business refers to activities which helps to make money for living by producing and selling products and service(Bidmon, and Knab, 2018). It consist different functions like finance, marketing, purchase, human resources and many more. This project report analyse Function of Unilever Plc which is UK based multinational organisation. Unilever Plc is one of largest company which was established in he 1929 by William Lever. This project report includes study of different function of business and their link. 1.3 Marketing Marketing is one of important function of business which helps in promoting buying and selling of products and service. It consist different activities like advertisement, selling as well as delivery of products and service. Unilever Plcis advertising their products at large level for increasing awareness. It is conducting marketing research and develop products as per requirement of customers. 1.4 Finance Finance is another function which is concerned with planning and control of financial resources(Curtis, 2020). It consist acquiring as well as utilisation of funds required for effective operation. Unilever Plc is a large organisation operating at international level and require huge funds. There are different ways through which this organisation can raise their funds like bank loan, shareholdings, debt capital funds. 1.5 Human Resources Human resource is another function which is concerned with maximising productivity of employees and protecting companies from different issues which may arise within workforce. In Unilever Plc, human resource function is concerned with benefits and compensation, firing, recruitment and keeping different laws up to date which can create impact on company and its employees. 1.6 Operations/ Production Operation is another important function in an organisation which is responsible for purpose of transformation of raw material into finished goods. It helps to manage process which is related to production of different items. Unilever Plc is managing operation effective which helps them to increase productivity of employees and minimising wastage at workplace. 4
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1.7 How Business Functions link Together There are different business function in business for growth and success of company. Main aim of these functions is to attain business goals and objectives(Donthu, Kumar and Pattnaik, 2020). These functions are purchase, marketing, operation, human resource and many more which are interlinked in many ways. For instance, marketing is one of function which helps to increase awareness of products and service whereas operation function is concerned with increase in productivity of organisation. Marketing function ensure selling of products and service developed in production department. In same way, human resource and finance function is also interlinked as human resource is concerned with hiring of new candidate for available place in organisation and finance is concerned with raising funds for company. Human resource function is depended on finance for providing salary to employees. 1.8 Conclusions From above mentioned project report, it can be concluded that business require different function for successfully carry out their operation in market place. These function ensure completion of every task successfully without any problems. These functions are interlinked for various reason like operation function is depended on marketing and human resource is depended on finance function. 1.9 References Bidmon, C.M. and Knab, S.F., 2018. The three roles of business models in societal transitions: New linkages between business model and transition research.Journal of Cleaner Production,178, pp.903-916. Curtis, G.L., 2020. Big business and political influence. InModern Japanese organization and decision-making(pp. 33-70). University of California Press. Donthu, N., Kumar, S. and Pattnaik, D., 2020. Forty-five years of journal of business research: a bibliometric analysis.Journal of Business Research,109, pp.1-14. (Bidmon and Knab, 2018) (Curtis, 2020) (Donthu, Kumar and Pattnaik, 2020) 5