Retail Business Functions: Employee Skills and Roles Analysis

This report provides an analysis of key business functions within a retail organization, focusing on the skills and roles necessary for effective operation. It begins by defining business and its functional areas, including marketing, human resources, finance, and research and development. The report details the responsibilities of each department, emphasizing the importance of marketing for customer engagement, HR for employee management, finance for resource allocation, and R&D for maintaining competitiveness. Furthermore, it describes the specific skills required for employees to excel in these areas, such as marketing's need for soft and hard skills like SEO and communication, HR's reliance on interpersonal and organizational skills, finance's requirement for analytical and problem-solving abilities, and R&D's dependence on creativity and teamwork. The report concludes by highlighting the significance of these functional areas and skill sets for optimizing work practices and achieving organizational goals, emphasizing the importance of skilled employees in each department.