MG408 Graduate Challenge: Functional Departments of Tesco PLC Report

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This report provides an overview of the functional departments within Tesco PLC and their respective roles in the company's performance. It analyzes the functions of marketing, finance, operations and production, and human resources, highlighting their importance in the overall operational efficiency and productivity. The report emphasizes the interconnectedness of these departments and the need for effective coordination to enhance consumer experience and achieve market goals. It also provides a brief summary of the key findings, supported by references to relevant books and journal articles.
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MG408 Graduate Challenge
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Table of Contents
Organization Functions....................................................................................................................3
Summery..........................................................................................................................................4
REFERENCES................................................................................................................................5
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Organization Functions
There are different operational departments in Tesco PLC. All these departments are allocated
with specific function. By working together these functional departments can improve the
performance of organization in global market (Cameron, 2015.). These functional department of
organization use different communication techniques to work effectively to full fill market goals
of company.
Marketing- The function of marketing department in Tesco PLC is to plan and perform different
activities to improve performance of company in global market. This is one of most important
function of company. Marketing department perform different type of market and consumer
research to get information of current market place (Chang, 2016). Role of marketing department
in Tesco PLC to increase the sales of company by perform different activities that includes
promotions, communication with consumer and planning promotion strategy to improve the
position of company in the target market.
Finance- The role of finance department in Tesco PLC is to manage all the operations that are
associates with transaction and transfer of money. Some of most important function of finance
department in organization is to perform planning, auditing, accounting and organizing fund in
company (Chang and Teng, 2017). The main role of finance department is to communicate with
other operational department of company to prepare current and future budget for company to
manage fund with in organization and keep organization running in profit.
Operation and Production- This is one of the most important function of organization. The role
of operation and production department is to maintain continuity of actions to keep organization
productive (Shambaugh, 2017). In Tesco PLC the work of operation department is to manage the
working and operation of employees to perform required actions that are important to maintain
continuity in production and services. It is their responsibility to ensure the consumer satisfaction
by providing them with effective product with high quality (Egeberg, Gornitzka and Trondal,
2016). By this then can increase loyal consumer base to improve performance of company in
global market. In this process they communicate with marketing and finance department to
manage their actions effectively.
Human Resources- Human Resource department of Tesco PLC manages the people that are
associated to the organization with their personal interests (Seigler, 2015). Their work is to
improve success, stability and growth of organization by managing work force and operations of
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company. The main role of HR in organization is to manage the employees and their work to
keep company productive with higher performance in target market (Shin, D. and Konrad, 2017).
HRM also manage the employee life cycle in company to manage talent in company to maintain
performance of company in target market.
They perform and plan recruitment & selection, induction, training & development,
manage reward and appraisal of employees to keep them motivated and dedicated to company
(Frankel and Mollenkopf, 2015).
All the functional department of organization are interconnected with each. Their action
and objectives are connected to each other (Lam and Sherman, 2015). This is important for
organization to manage coordination between these departments to maintain operational
efficiency of company High. To provide better experience to consumer it is important to keep
each department effective in operation.
Summery
This report is providing brief of different functional department of Tesco PLC and their
role in the performance and productivity of company. The role if departments like Marketing,
Human Resource, Finance and Operation & Production has been analysed in order to know their
importance in working of company. An analysis has been performed on Tesco PLC to know the
importance of cooperative and coordinative working of operational departments to know its
impact on performance of organization in the target market.
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REFERENCES
Books and Journal
Cameron, K., 2015. Organizational effectiveness. Wiley Encyclopedia of Management, pp.1-4.
Chang, J.F., 2016. Business process management systems: strategy and implementation.
Auerbach Publications.
Chang, J.H. and Teng, C.C., 2017. Intrinsic or extrinsic motivations for hospitality employees’
creativity: The moderating role of organization-level regulatory focus. International
Journal of Hospitality Management. 60. pp.133-141.
Egeberg, M., Gornitzka, Å. and Trondal, J., 2016. Organization theory. In Handbook on theories
of governance. Edward Elgar Publishing.
Frankel, R. and Mollenkopf, D.A., 2015. Cross‐functional integration revisited: Exploring the
conceptual elephant. Journal of Business Logistics. 36(1). pp.18-24.
Lam, Y.W. and Sherman, S.M., 2015. Functional topographic organization of the motor
reticulothalamic pathway. Journal of neurophysiology. 113(9). pp.3090-3097.
Seigler, D., 2015. Social Media Responsiveness in the Public Sector: A Study of Social Media
Adoption in Three Functional Departments of US Cities.
Shambaugh, D., 2017. China’s propaganda system: Institutions, processes and efficacy.
In Critical Readings on Communist Party of China (pp. 713-751). BRILL.
Shin, D. and Konrad, A.M., 2017. Causality between high-performance work systems and
organizational performance. Journal of Management. 43(4). pp.973-997.
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