The Roles and Interlinks of Functional Areas in Business Management

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Added on  2023/06/18

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This essay explores the critical roles of functional areas within a business, emphasizing their interconnectedness and contribution to overall organizational effectiveness. It delves into the specific functions of marketing, finance, operations, and human resources, highlighting how each department contributes to achieving the company's goals. Using Tesco as a case study, the essay illustrates how these functional areas collaborate and support each other, ensuring smooth operations and profitability. The analysis underscores the importance of effective communication and teamwork among departments to enhance productivity and drive the company's growth. Desklib provides a platform for students to access this essay along with a wealth of other study resources.
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3
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INTRODUCTION
While running a business activity it required a managing bodies to run a structure smoothly and
systematically with a view of achieving goals and objectives of firm. It include a proper
planning, organising, staffing, directing and controlling with an individual who is appointed as
per skills for particular department(Vass and Gustavsson, 2017). This essay is based on
TESCO, which is UK based company deals in supermarket and this will cover the roles of the
functional areas and how they are interlinked and make a business effective.
MAIN BODY
In an organisation whether it is big or small company every firm needs a different areas to create
a work environment in business. The varied roles of managing areas are listed below:
Role of Marketing- This department is for performing a marketing activity in order to promote a
product and services of the company. The basic motive of this area is make a loyal customer base
and increase a sales of goods and create a good brand value by expanding a business
internationally or across country.
Role of Finance- The role of this area is to plans and manage the company capital by ensuring
that business can approach cash in sustainable ways(Sullivan, 2019). The basic job of this area
is to provide a proper fund to other areas and recording a appropriate information of money
inflow and outflow.
Role of Operations- It ensures that the production process is complete from start to finish. It
include various activity like product deigning, forecasting, supply chain management and many
more. The main focus of the person is to maintain quality by controlling cost to provide a range
in reasonable rate.
Role of Human resources- The person perform activity of hiring a workforce with a skills
which are required in organisation. It is main sector that assist a business in performing the
action effectively and result oriented(Walters, 2019). The basic motive of the individual is to
perform appraisal, recruitment and training, maintaining work environment and developing
public relations etc.
Furthermore, these departments are interlinked with each other as they support each other
in assisting the firm. Tesco, has the good production department who maintains the quality of
products by the view spending a least amount(Mohanty and Sadual, 2019). The company have
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various sectors which their roles in the way they should do in firm. As the financial area
provides support to all other sections of industry by allocating a fund to assure profitability. The
HR department recruit a staff and allot them as per their skills(Sibbald, Wathen and
Kothari,2017). Moreover, these sources helps marketing area to develop a appropriate
marketing strategy to promote commodities of company.
CONCLUSION
The above essay states that for creating a effectiveness and smooth functioning of the company,
they needs a varied department to ensure that the structure is operating in effective way in order
to achieve a companies goals of profit. Furthermore, the department should convey and allot the
things in team in order to increase productivity and efficiency which tends to growth of structure.
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REFERENCES
Mohanty, P.P. and Sadual, S.K., 2019. Managing & Marketing the Tourism Destination: A Case
Study of Bhitarkanika Wildlife Sanctuary, Odisha. International Journal of Tourism
and Travel, 12(1&2), p.31.
Sibbald, S.L., Wathen, C.N. and Kothari, A., 2017. Managing knowledge in transitions:
Experiences of health care leaders in succession planning. The health care manager,
36(3), pp.231-237.
Sullivan, L.A., 2019. Department Chairs in the Crucible: Managing Faculty Conflict in the Age
of Institutional Change. Northern Kentucky University.
Vass, S. and Gustavsson, T.K., 2017. Challenges when implementing BIM for industry change.
Construction management and economics, 35(10), pp.597-610.
Walters, M., 2019. Should I Stay or Should I Go: Private Practice v in-House. Managing Intell.
Prop., 283, p.10.
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