This report provides a comprehensive overview of the functional areas within a business, detailing their roles and interdependencies. It begins with an introduction to the concept of functional areas, emphasizing their importance in achieving organizational objectives. The main body of the report delves into specific functional areas, including Human Resources, Finance and Accounting, Production, Promotion and Marketing, Information Technology, and Distribution, outlining their respective responsibilities and contributions to the business. Furthermore, the report explores the essential skills required for employees to excel in each functional area, such as technical skills, conceptual skills, team management and building skills, good communication skills, and decision-making and problem-solving skills. The report concludes by summarizing the key findings and emphasizing the interconnectedness of the functional areas. This report, contributed by a student, is available on Desklib, a platform offering AI-based study tools for students.