Business Environment Task 2: Analysis of Organizational Functions

This report analyzes the relationship between different organizational functions within a business environment, focusing on how departments like human resources, finance, and marketing work together to achieve organizational goals. It highlights the importance of effective organizational functioning, emphasizing the interrelation of these functions in meeting organizational objectives and serving customer divisions. The report also touches upon organizational structures, including functional and matrix structures, and their impact on efficiency. Concluding that collaborative efforts across departments are crucial for success, particularly in customer-oriented divisions, referencing Intercontinental Hotel Group as an example. The document also points out that the company mainly follows matrix structure in order to manage the organisational functions.

BUSINESS ENVIORNMENT
TASK 2

TABL OF CONTENT
INTRODUCTION..........SLIDE 3
Relationship between different organizational
functions …………..SLIDE 4-10
CONCLUSION........SLIDE 11
REFERENCE LIST......SLIDE 12

Introduction
 In every business organisation, all the functional departments work together
in order to meet the organisational goals and objectives. The major
departments are human resource, finance, marketing and operations.

Relationship between different
organizational functions
In the present scenario, it has been observed
that most of the business organizations are
shedding much light on effective
organizational functioning.
In a business organization, the management
mainly works closely with the other
organizational departments namely
Marketing, Finance and Human Resource
Department etc.

Cont....
Organizational functions:
Human resource management is the important
department in the organization. The main function of the
human resource department is providing training and
development to the employees of the organization.
Finance department is also one of the fundamental
aspects of the organization. The capitals that are being
provided for performing the activities of the organization
are from the shareholders of the organization and the
Board of Directors simultaneously. Finance department
helps in the infrastructure development along with
development in every sphere of the organization.

Cont...
Marketing plays a significant role in
promoting its product in the market. A
certain portion of the expenditure is allocated
for the marketing plan and the proceedings
go along accordingly. The expenditure is
prepared in the annual general meeting of
the organization. The effective management
is possible when the marketing plans are
implemented simultaneously.

 From the above discussion, it can be said that all
the organizational functions are somehow are
interrelated with each other. Additionally, it all
the organizational functions play an effective role
in meeting the organizational objectives. The
interrelationship among the various
departments in the organization is the effective
approach oriented towards the customer division.
It is the collective effort of the marketing and the
human resource department, which enriches the
efficiency of Intercontinental Hotel Group

Cont...
Organizational structure contains the following
divisional structure:
The functional structure allows every employee to
concentrate on a particular task and the tasks are in
the centralized manner. It has the advantage of
apparent lines of authority with the major assessment
makers in each department.
In matrix structure the employees work in a function
based management. In function-based management,
they can be assigned to different tasks under
different managers and teamed with employees who
have different functions.

CONT..
The functional levels of the organization are
segmented into various divisions, which are
directed towards the efficiency in the function of
the organization. The enhancement in the
organizational structure is possible through the
inclusion of the segmentation in the work structure
of the administration. The activities of the
International Hotel Group are multi dimensional in
nature and the functioning is diverse in nature.
The efficiency in the functioning of the
organization can be ascertained by the execution
of the policies of the organization

CONT...

Conclusion
From the discussion, it has been found that
all the departments work together in order to
fulfil the organisational goals. The company
mainly follows matrix structure in order to
manage the organisational functions.

Reference list
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