Role and Importance of Functional Units in Morrisons

Organisational
Functional units

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Role and importance of functional units.....................................................................................1
Evaluation of teamwork and its importance in organisation.......................................................2
Examining financial management and its importance in organisations......................................3
Evaluation of reporting and its purpose for Morrisons...............................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
There are several different departments in an organisation having their small aims and
objectives which assist company to fulfil their ultimate goals. These departments works in small
teams which is made of all experts having relevant talents and work experiences. These
departments have unique tasks which they perform, contributing their part in entity and its
growth along with fulfilling all its aim. In their report, various functional units roles and
importance are seen of Morrisons. It is a fourth largest chain of supermarket in UK, established
in 1899 by William Morrison. Morrisons is headquartered in England, UK, dealing in retail
industry.
MAIN BODY
Role and importance of functional units
Functional units are commonly known as departments of organisation, these units have
team of employees with common expertise and set of objectives which are their individual goals
they accomplish for serving to company and attaining its ultimate aims (Motingoe and
Langerman, 2019). There are several department in Morrisons which are performing their
activities having different roles. These departments are important for the company. Some of the
departments their roles and importance in Morrisons are explained below: Marketing Department- This is one of the most important functional units of every
organisation. Marketing team of Morrisons have various roles which they play on behalf
of the organisation in order to make its other functions operated appropriately and
earning maximum profits. The role of marketing team begins from market research where
they seek knowledge about the marketplace in which company is operating, make plans
accordingly for development of goods and services and make marketing strategies for
introducing those products in market gathering attention of targeted audience and making
sales. This department also plays vital role in promoting the business its mission and
serve as a face of the entity. Therefore, marketing team is an essential unit which is
present in Morrisons and making its operations more effective and efficient. Finance Department- The term finance is basically mean the funds and money which
company has and gather for effective functioning of its operations. The finance
department of Morrisons has different roles such as making budgets for different
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