Report on Functional Areas, Skills, and Business Organization Analysis

This report provides a comprehensive overview of business functions and the skills required by employees within an organization. It begins by defining business and then delves into key functional areas such as marketing, finance, human resources, research and development, and customer service. The report analyzes the importance of each area and how they contribute to a company's success. Furthermore, it examines the various skills needed by employees in different departments, including marketing, sales, human resource management, research and development, customer service, and finance. The report uses the example of IOM Electronics Limited to illustrate these concepts. It also includes an introduction, main body, conclusion, and references, offering a well-structured analysis of business operations and employee competencies. This report is ideal for students seeking to understand the core elements of business management and the skills essential for professional success.

World of Work
Table of Contents

INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
Define business........................................................................................................................................3
Functional area in the business organization...........................................................................................4
Various types of skills by the employee to work efficiently....................................................................5
CONCLUSION...........................................................................................................................................7
REFERENCES............................................................................................................................................7

INTRODUCTION
Business also refers to the goals and objective to produce a product or service in order to
earn make a profit and illustrate those functions which are required to work in their business
organization (Baker-Doyle, 2021). They can define that organization or enterprises are engage to
commercial their professional activities of organization activities are indicated to produce or
selling in producing a goods and services in order to make earn more profits and also live in
making money for producing and selling of goods according to their business plan. This report
consider that all physical teacher required by employees not to capable and operate effectively
for those functional areas such as marketing, finance, research and development, human resource
and so on. This report also going to IOM electronics limited which are located in Manchester.
MAIN BODY
Define business
Businesses also refer to economic activity of business organization which has to be
purchase and sales of product and services to earn in order to make profit were to accomplish
their goals and objective according to their customer expectation. Both profit and non-profit are
aim to earn profit to achieve social causes in an efficient manner. In order to operate the business
which is required for women's organization have a party aims and objectives to achieve they
achieve their goals and make a profit in an appropriate manner (Morley, Ablett and
Macfarlane, 2019)
Functional area in business
Functional area at time of employee is very significant that they have all suitable skills and
expertise which is in business organization because it should be allowed that employees are
operate within to operate their efficiency and effectiveness in the business organization and their
function rules which describe group of schools and practices which is to be formed within their
department in order to achieve their goals and objectives (World Economic Forum, 2020).
Key functional area of business

In case of IOM electronic limited company there are functional areas of the human
resource marketing productions research department marketing information technology and so
on function are also known as operational management and these are main function areas which
help the company to achieve success growth of business and target a minimum time period. It is
a significant part of this organization to focus on some function in order to become a successful
and gain a sustainable competitive advantage in their marketplace (Boudreau, 2019)
Functional area in the business organization
There are many functional area in business organization that helps to company operate in
an efficient and effective in their marketplace. Human resource management which are helpful to
recruit, retain and hiring their employee to accomplish their goals and objective in an efficient
manner. Another function area is accounting and finance to maintain transactions and accounting
process for other designing for financial stability of the business organization. Marketing are
helpful to advertise their promotions offer their services in order to give a sustainable
competitive advantage. Information technology there will support to complete one of many
technologies all to committed in an appropriate manner (Giritli Nygren and Olofsson, 2020.
Human resource management: Human resource was the key function area of business
organization which helps them to talented people are hiring and improve their employees to
entertain and develop to increase their skills and knowledge and give a more positive outcome
towards the organization. It is a significant for company to recruit and talented people not to
enhance their productivity and profitability in the business organization. It is a strategic approach
for the efficient management of people in the business organizations they can help to gain a
sustainable competitive advantage (Baker-Doyle, 2021). They can also designed to maximize
employee performance in service to strategic objectives also retaining and hiring a person for a
proper manner to provide a proper development training to express their performance of a
deciding providing benefits to motivate employees maintain proper relationship with their clients
for managing their organization
Marketing: Marketing is one of key function area with can support their firms to
promote their products or services in order to gain the sustainable profit and create a more
customers in the business organization has been altered successful organization digital marketing
social media platform on to communicate with their clients and maintain their relationship with

their customers in order to efficiency and effectiveness in the marketplace (Lira, Salgado and
Beijo, 2019).
Finance: It is a very important functional area because it has to take business decisions
and maintain their transactions in every appropriate and suitable manner it helps to maintain their
financial transaction of business organization. It helps to control cost of efficiency and maintain
the budget of business organization.
Sales: It is a very important part of business organizations because all logistics and
inventory department are in under. Important resources department to monitor their distribution
of goods and services for all basic function of market this function areas to support their
customer forecasting and advertising taking sales order (Horner, 2020).
Customer service: Customer services are key area of function which is main theory of
consumer to find their best solutions and solve consumer problem. They can maintain their
relationship and get ore opposite in order to enhance their profitability and productivity. There
are the main reasons to customer service to provide suitable information for customers and solve
all problems to the clients.
Research and development: It is also helpful for business organization that it has to
research about employer and effort their requirement for training and development recently
developed and also add them to increase their skills and provide proper training and development
program so that they can increase their knowledge and skills.
Various types of skills by the employee to work efficiently
Skills needed by marketing employee
Many skills which are required by workers of marketing which is a teamwork skill to
create formulate and their amended communication skills are necessary (Hunt, 2020). This well
required for them to appropriate a suitable communications does not give them message towards
their clients. Various types of skills which are needed by the marketing employee or workers
such as critical thinking problems, social media management team, time management and
analytical skills because marketing is more than just storytelling and communication skills so
that each and every employee are understand how to build a brand image through this type of

skills and there are the very various positions within each type of skills to analyze audience and
defining their perceptions of their product or services and features about their marketing product
or services, target audiences are should be recognized creativity and negotiation technological
skills are important because communication skills involved creating campaign to understand
designing and having a general sense for end users (Baker-Doyle, 2021).
Skills needed by sales employee
Various skills which are significant for sales department which is active listening and the
management relationship building skills to select all maintain their product or service in their
marketplace.
Skills needed by human resource management workers:
Various skills which are needed by human resource management which is most planning
skills in order to formulate their method and planning to hire amended by business organization.
It is a significant problem for problem solving skills which is communication in order to rise and
give their training for their employee (Lira, Salgado and Beijo, 2019).
Skills by research and development employee:
Skills required by the research and development are amended is excellent communication
skills which is able to create a English. This will be required to capability to initiate and paid
attention to detail narrow to make appropriate knowledge and skills are required.
Skills needed by customer service employee
Many customer skills are required are important using a positive language them to have a
clear communication in order to take responsibility. It is important for them to have a suitable
knowledge about company outside scope of query was declined in an efficient manner
(Mintzberg, 2019). Also customer service skills which are required for employer or workers
which are named as adaptive, potential, conflict resolution, creativity skills are required,
communications, active listening skills are also important and persuasive think of speaker in the
business organization also.

Skills needed by finance employee
They are solution required for critical thinking about their accounting and finance
transactions that is the important for them for analytical research in order to take appropriate
decisions to maintain the financial stability in the business organization.
All the skills are required by complete their functional area and get more opportunity to
gain their sustainable competitive advantage which of all these activities support company to
increase their profitability and productivity in an efficient manner. To overcome their threats and
opportunities for all those functions and marketing resource, IT, sales and finance are discussed.
Customer services all are very important play a vital role to increase their profitability in the
business organization (Baker-Doyle, 2021) .
CONCLUSION
As per above mention report, it has been understood that it is very significant in the
business organizations to each and every functional area in order to success for business growth.
It is very significant for company to hire more talented employee in the organizations and their
employee according to their suitable knowledge regarding functional areas. This report covers
many activities that various function in business organization such as marketing, human resource
management, customer service, finance, research and development, sales and types of skills are
needed to improve to work efficiently is presented by marketing, finance employee, Human
resource department workers, customer service employees, development and so on are included.

REFERENCES
Books and Journals
Baker-Doyle, K. J., 2021. Transformative teachers: Teacher leadership and learning in a
connected world. Harvard Education Press.
Boudreau, J. A., 2019. Informalization of the state: reflections from an urban world of
translations. International Journal of Urban and Regional Research. 43(3).pp.597-604.
Giritli Nygren, K. and Olofsson, A., 2020. Managing the Covid-19 pandemic through individual
responsibility: the consequences of a world risk society and enhanced
ethopolitics. Journal of Risk Research. 23(7-8). pp.1031-1035.
Horner, C., 2020. Imagine a world… where ectogenesis isn’t needed to eliminate social and
economic barriers for women. Journal of medical ethics. 46(2). pp.83-84.
Hunt, V., 2020. Work & The Health Of Women. Crc Press.
Lira, J. M. S., Salgado, E. G. and Beijo, L. A., 2019. Which factors does the diffusion of ISO
50001 in different regions of the world is influenced?. Journal of Cleaner
Production. 226. pp.759-767.
Mintzberg, H., 2019. Managerial work: Analysis from observation. In Managerial Work (pp. 99-
112). Routledge.
Morley, C., Ablett, P. and Macfarlane, S., 2019. Engaging with social work. Cambridge
University Press.
World Economic Forum, 2020. Diversity, Equity and Inclusion 4.0: a toolkit for leaders to
accelerate social progress in the future of work. World Economic Forum, Geneva,
Switzerland.