University Report: BMP3004 World of Work Functional Areas

This report examines the various functional areas within a business organization, including human resources, finance and accounting, marketing and advertising, and information technology, emphasizing their roles in ensuring smooth business operations. It addresses the case of John, a lottery winner, who seeks to purchase and manage a local electronics company, highlighting the importance of understanding these functional areas. Furthermore, the report delves into the diverse skill sets required by employees to excel in each functional area. These skills include communication, leadership, analytical, and technical abilities, tailored to the specific demands of each department. The report concludes by underscoring the significance of these functional areas and corresponding employee skills in achieving business success.