Business Functions at Tesco: A Study of Roles and Collaboration

This report examines the roles of various business functions within an organization, emphasizing the importance of collaboration for achieving corporate aims. Using Tesco as a case study, the report details the functions of marketing, finance, human resource management (HRM), and production, highlighting their individual contributions and the benefits of their integrated operation. Effective collaboration reduces costs, ensures continuity, and enhances communication, allowing organizations to achieve their objectives with limited staff and reduced difficulty. The report concludes that all organizations should encourage their functions to work together to effectively complete their mission.

The Graduate
Challenge

Contents
Introduction..................................................................................................................................3
Role of the different business functions and importance of working together............................3
Conclusion...................................................................................................................................4
Reference.....................................................................................................................................4

Introduction
Business functions, which can also be broken down under primary and secondary
functions, are really the actions taken by a particular firm or company. Numerous duties are
performed by various organizational functions, such finance, marketing, human resources, and
many others, for a firm to operate effectively. Tesco, a retailer, is the business chosen for this
report.
Role of the different business functions and importance of working together
Role of marketing function- The advancement of an organization ’s operations and mission
depends heavily on advertising (Agarwal, 2021). It acts as the central figure of a firm that
organises and produces all marketing materials. Reaching out to the company's clients, the
society, and stakeholders is part of Tesco’s marketing method's responsibility when developing a
complete view that presents Tesco in a favorable light.
Role of finance function- The primary responsibility of this function inside the corporation is to
supply all financial data needed for other business functions to perform effectively and
efficiently. This component aids in business strategy and choice as well. The finance structure of
a firm keeps track of all internal changes and determines how they affect the firm's fiscal health
(Daignault, and Morse, 2022).
Role of the HRM function- This activity plays an important part in a firm since it helps
employers find the best candidates for open positions so that they may bring in new talent.
Additionally, it works to strengthen the bond between employers and employees (Miyoshi, and
et.al., 2022). The Tesco’s HR management promotes safety regulations instruction and the
legally mandated records for such recording of job fatalities and injuries.
Role of the production function
It is essential to the organization that Tesco uses this activity to oversee, monitor, and regulate
the personnel while the level of output takes responsibility for the reliability of the machine and
its upkeep in order to continue on the manufacturing method efficiently (Chaudhary, 2020)
Importance of all these function working together

Combining all functions into one is a good way for businesses to operate since it reduces
costs, ensures continuity, and enhances communication. Companies which merge closely related
functions for example, Tesco combining its HR, finance, and marketing have great interaction
since one employee oversees every function. When all processes are coordinated, the amount of
managers needed and its expense are reduced (Nifaillah, 2022).
Conclusion
From the above report it is concluded that that key activities in an organization must be
carried out by various roles. These activities all pay to accomplishing the corporate aims. The
issue is simpler to allow them to do their objective with limited staff and less difficulty if these
functions cooperate. In order to effectively complete their mission, it is thus urged to all
organizations that should have their entire function operate together.
Reference
Agarwal, P., 2021. Shattered but smiling: Human resource management and the wellbeing of
hotel employees during COVID-19. International Journal of Hospitality
Management, 93, p.102765.
Chaudhary, R., 2020. Green human resource management and employee green behavior: an
empirical analysis. Corporate Social Responsibility and Environmental
Management, 27(2), pp.630-641.
Daignault, J. and Morse, A., 2022, August. Writing in the Discipline (WRITE-D): A new
approach to graduate student writing success. In 2022 ASEE Annual Conference &
Exposition.
Miyoshi, A., and et.al., 2022. Challenge to improve Japan's deplorable HPV vaccination rate by
local government actions. Journal of Obstetrics and Gynaecology Research, 48(5),
pp.1233-1239.
Nifaillah, M.D.H., 2022. Relationship between Parental Social Support and Self Efficacy With
Anxiety Facing theWorld of Work for Fresh Graduate Students in Surabaya (Doctoral
dissertation, Universitas 17 Agustus 1945 Surabaya).