Business Report: Roles of Functional Units at Tesco and Student Skills

This business report examines the functional units within Tesco, a leading British retailer, and their roles in achieving organizational objectives. It delves into departments like marketing, finance, human resources, and operations, highlighting their interdependencies and contributions to Tesco's overall success. The report also identifies essential skills for undergraduate students, including note-taking, presentation abilities, critical thinking, time management, creative thinking, numerical proficiency, and effective communication. By analyzing Tesco's structure and the skills required for academic success, the report provides valuable insights for students and professionals alike. The report emphasizes the importance of these skills in achieving academic and professional goals. The conclusion summarizes the crucial roles played by various departments in an organization and their collective contribution to success.

Business Report

TABLE OF CONTENTS
INTRODUCTION.....................................................................................................................................3
Roles of different functional units.....................................................................................................3
Skills and techniques to be a successful undergraduate student......................................................3
CONCLUSION.........................................................................................................................................4
REFERENCES..........................................................................................................................................5

INTRODUCTION
Business functions involves those activities which are essential for running business. These
are required in every organization irrespective of size as they are important to achieve the desired
goals. In this report, Tesco is taken as an organization, which is the largest British retailer,
headquartered in UK. This report includes roles of different organizational functional units and it also
includes the skills required to a successful undergraduate student.
Roles of different functional units
There are various departments in an organization and some of them are discussed below.
Marketing: This department carries out the major role which is selling the product (Kirova,
2017). It involves various roles such as conducting the market research, identify the changing market
trend and analysing the needs and preferences of the customers, branding and promoting the business
etc. Tesco has an efficient team working on increasing the sales of its products.
Finance: It provides assistance to every department as it provides budgets to eth departments
within which it has to execute their activities for a specific period (Finn and et.al, 2018). It also
analyses the costing of the new project and helps in planning and setting prices of the product. The
finance team of Tesco is highly professional and expert in this field which helps in effective cost
management.
Human resource: The human resource department is mainly responsible for managing people
in the organization. The role of HR is to recruit and train new employees, complying the employment
laws. One of its crucial role is to motivate the employees towards work and creating a positive
working environment in the workplace (Huemann, Keegan and Turner, 2018). The HR department
of Tesco is very efficient in handling the workplace which is because of proper interaction.
Operation: This department works on the creation of product and services. Its main role is to
manage the production process from raw material to finished product and the final delivery of the
same to the end consumers (Heizer, 2016). It helps in ensuring that products are effectively managed
and proper inventory is maintained. Tesco has a well organized and structured process system which
ensures effective and efficient functioning (Gartenstein, 2019).
The interrelationship between various department is very important as each department is
dependent on another department to carry out its function effectively. For instance, marketing
department after developing new product plan, communicates with operation department to produce
that product as per the requirement. In the same way, other departments are also interconnected and
requires to work together.
Skills and techniques to be a successful undergraduate student
The major skills required to be in a undergraduate student in order to achieve success are
stated below (Farrington, 2019).
 Note taking
 Presentation skills
 Critical thinking
 Time management skill
 Creative and innovative thinking skills

 Numerical skills
 Effective communication skills
CONCLUSION
From the above it can be summarized that the different roles played by the different
departments in an organization is very crucial in order to achieve the desired objectives. Any
of these functions can be eliminated as they are all together helps in accomplishing success.

REFERENCES
Books and Journals
Kirova, V., 2017. Exploring the role of strategic marketing department. Journal of Marketing
Development and Competitiveness. 11(2).
Finn, A. and et.al, 2018. The Ultimate MBA Book: Get the Edge in Business; Master
Strategy, Marketing, and Finance; Enjoy a Business School Education in a Book.
Hachette UK.
Heizer, J., 2016. Operations management, 11/e. Pearson Education India.
Huemann, M., Keegan, A. and Turner, R., 2018, September. Human resource management in
the project-oriented organization. Project Management Institute.
Online
Gartenstein, D., 2019. Major Objectives of an Operations Department. [Online]. Available
Through:< https://smallbusiness.chron.com/major-objectives-operations-department-
31500.html >.
Farrington, R., 2019. 5 SKILLS EVERY COLLEGE STUDENT MUST DEVELOP TO BE
SUCCESSFUL. [Online]. Available Through:<
https://thecollegeinvestor.com/20345/5-skills-every-college-student-must-develop-
to-be-successful/>.