MG408 Graduate Challenge: Business Functions and Collaboration

This essay provides a comprehensive overview of the key business functions, including marketing, operations, finance, and human resources, within an organizational context. It defines each function, highlighting its specific role and importance in driving business success. The essay emphasizes the critical interrelationships between these functions, demonstrating how their coordinated efforts contribute to achieving organizational objectives. It uses academic references to support the analysis, illustrating how the effective collaboration of these functions leads to improved efficiency, cost savings, and overall business performance. The essay further examines how functions like HR support the workforce, and finance provides a budget for marketing and operations. The essay concludes by underscoring the significance of synchronized and coordinated operations across all business functions.