This report provides an analysis of the functional areas within IOM Electronics, a regional company with 200 employees operating across two sites in Manchester and Liverpool. It examines various business functions, including Human Resources, Finance and Accounting, Marketing, Operations, Production, and Information Technology. The report details the responsibilities and key activities within each functional area, such as recruitment, financial management, marketing strategies, production processes, and IT support. Furthermore, it identifies essential skills required by employees to work effectively within these functional areas, encompassing commercial awareness, interpersonal skills, problem-solving, decision-making, communication, motivation, forward planning, and strategic thinking. The report concludes by emphasizing the importance of these functional areas and employee skills for the company's overall success and achievement of its goals. References to academic resources support the analysis.