This report provides an in-depth analysis of the functional areas within a business organization, using IOM Electronics Ltd as a case study. It explores key departments, including finance and accounts, production, marketing, information technology, human resources, and customer service, highlighting their respective roles and responsibilities. The report also emphasizes the essential skills required for employees in each functional area, such as team building, communication, delegation, leadership, decision-making, collaboration, conflict management, and time management. The conclusion summarizes the importance of these functional areas and the skills necessary for effective business operations and overall organizational success. The report references various academic sources to support its findings.