...advice to the manager of the department to budget money. Customer service function At chippy's chips, Customer service is a series of activities design to enhance the level of customer satisfaction. chippy's chips Functional areas Human Resources function: At chase high, human Resources are about the workers’ pension, cover teachers, workers pay and compensation or doctors. IT function At Tesco’s, IT does things such as reset passwords, look up IT problems and internet. Sales function At Tesco’s, the sale department organises sales promotions and they sell products over the phone or the internet. Administration function: At Tesco’s, Administration it to organize files open emails, send emails and write letters. Finance function At Tesco’s, finance does things such as manage money in the business, gives advice to the manager of the department to budget money. Distribution centre function At Tesco’s, Distribution centre is the warehouse of the business. It is the resources and products in the business. Customer service function At Tesco’s, Customer service is a series of activities design to enhance the level of customer satisfaction. Tesco’s Functional...
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...Functional Areas of Business Most organizations base their company structure on several functional areas. The functional areas typically seen in business include finance, marketing, information technology, human resources and, operations (Coulter & Robbins, 2012). The functional areas of business must work together to insure the success of the organization. This paper will discuss the role of management in these functional areas of business. Management Management’s primary function is to guide an organization to meet the company’s vision, goals and objectives successfully. Productive managers understand that effectively planning, organizing, directing and, controlling are essential business functions in order for an organization to run smoothly (Coulter & Robbins, 2012). A functional manager is an individual who has controlling authority over a specific department within a business. Functional managers generally communicate within that specific department and with each other. The departments typically found in most business structures include finance, marketing, information technology, human resources and, operations. Finance The finance department is responsible for managing the organization’s budget, figuring out financial projections for the company, monitoring the company’s cash flow, future financial obligations and investments. It is imperative that the finance manager collaborate across business functions to determine how to best distribute and manage the business’...
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...Management within Functional Areas of Business Management 521 September 3, 2012 Bridgette Hardy Functional Areas of Business Management is essential in the functional areas of business. Operational service is a functional area of business that demands effective and efficient managers. Management must possess certain skills will help the individuals to do their jobs in the functional areas of which they have chosen as a career. In each functional area of business there are three management levels. The various levels of management play a different but major role in the development and growth of a business. Goals set in designated area of business will vary, depending on the area of business and the level of management. Operational Services Management Armstrong (2006), states that operations management is responsible production of the business or organization's products. Operational service is the area of business that produces a product or services for customers. Managers in operational services oversee the work of their staff to ensure the organizational goals can be accomplished. Managers in this functional area are categorized on three different levels. There are lower level management, middle level management, and upper level management. The responsibility of the manager depends on the level of management in which the individual is classified. The lower level managers are those who manage non-managerial employees. Middle level managers are those...
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...Functional Areas of Business Paper XXXXX MGT/521 June 8, 2015 Professor XXXX Functional Areas of Business Paper Understanding the importance of managers in today’s corporate world is crucial for an individual with a special interest in business management practices, especially if pursuing a Masters of Business Administration. According to Robbins and Coulter (2012), managers are important for three main reasons: organizations need their skills, they get things done, and they do matter. The responsibility of a manager is to coordinate and oversee that others are doing their work so that the goals of an organization can be accomplished (Robbins and Coulter, 2012), and to “ensure business success” (University of Phoenix, 2012). The manager’s efficiency and effectiveness when leading and overseeing the tasks needed to accomplish the organization’s goals will reflect in the functional areas of business. Functions of Management There are four functions of management: planning, organizing, leading, and controlling. This functions approach is the most popular used today, and managers address them “regardless of the order in which these functions are performed” (Robbins and Coulter, 2012, p. 10). Managers use their leadership to influence and inspire employees, participate in strategic planning to create plans, and ensure the objectives are completed (University of Phoenix, 2012). Manager’s Role The management of an organization is divided into different areas, depending...
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...Functional Area Interrelationships Understanding strategic management in today’s highly competitive business environment plays a large role in organizational success. Business owners and managers must develop an action plan that includes collaboration among its partners to achieve organizational goals. Huffman Trucking is a thriving business that employs a fully functional organizational structure by having different departments that coincide with one another. During this analysis, we will determine the use of lateral collaboration and vertical collaboration within the organization, and prepare an action plan to use lateral and vertical collaboration. We will identify the key stakeholders and their roles needed to achieve the organizational goals, and recommend the collaborative interactions among the key stakeholders to facilitate the organization’s success. Huffman Trucking has been in business since 1936 and launched operations with one tractor-trailer. The operation grew so rapidly that by 1945 after World War II the material haulers grew to 16 tractors and 36 trailers. Today Huffman employs more than 1300 personnel along with maintaining their own equipment that has amped up to 800 tractors and 2100 trailers. Along with maintaining all of their own equipment, Huffman Trucking uses three centrally located hubs within the respective regions. The...
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...Functional Areas of Business MGT/521 November 13, 2013 Functional Areas of Business There are several functional areas of business, however, there are two areas that I am most interested in, they are Management and Leadership. The reason that I am interested in these areas is that throughout my military career I had to fill both of these roles. I enjoyed watching my troops grow professionally and personally as well as watching them get promoted ahead of their peers. I gained their trust and loyalty through good leadership, and I made sure they had the tools and knowledge they needed to succeed. There are many ways that the military and the business world are the same; in this paper I will discuss why management and leadership go hand-in-hand to make a business successful. Management is defined as “the use of professional skills for identifying and achieving organizational objectives through the deployment of appropriate resources. Management involves identifying what needs to be done and organizing and supporting others to perform the necessary tasks” ("In BUSINESS: The Ultimate Resource," 2009). Managers must have skills sets such as strategic planning, the ability to set and meet goals, manage resources, and get results. Managers must use strategic planning to set priorities and resources to ensure stakeholders and employees work toward a common objective or goal, and adjust to changing environments to get the desired results. Effective strategic planning will not...
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...Functional Areas of Business Paper “A manager is someone who coordinates and oversees the work of other people so that organizational goals can be achieved” (Robbins and Coulter, 2012). Henry Mintzberg (1973) defined the ten roles that a manager plays in an organization – leadership, figurehead, liaison, monitor, disseminator, spokesperson, entrepreneur, disturbance handler, negotiator, and resource allocator. He categorized them into 3 roles – interpersonal roles, informational roles, and decisional roles (Robbins and Coulter, 2012). A manager plays these roles at varying degrees depending on the situations that arise. We will now identify some of these roles in the functional areas of human resource management and marketing management. Human resources management addresses the area of personnel development in the business. Managers use human resources management throughout the employee life cycle (University of Phoenix 2014, Week One Assignment). Human resources management is responsible for establishing policies and procedures to accomplish the strategic goals set. Human resource (HR) managers deal with but not limited to, employee hiring, training, employee development, performance management, salary and benefits, employee relationships and safety. A monitor looks for and receives information and maintain interpersonal contacts (Quinn, 2010). The responsibility of the HR manager who plays the role of a monitor is to identify and resolve workplace issues. By...
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...Functional Area Interrelationships This paper will state the primary reasons for our organization, Kudler Fine Food’s existence as it relates to their mission, vision, values, and goals. We will examine the organizational structure employed by Kudler Fine Foods, and identify the key positions that supports their structure. Identify and explain the steps of the collaboration process among the functional areas that must be employed to achieve organizational goals, and prepare an action plan to implement the collaboration process. Also, we will identify and provide an example of the use of lateral collaboration and vertical collaboration within Kudler, and prepare an action plan to use lateral and vertical collaboration. As well as recognize the key stakeholders and their roles needed to achieve the organizational goals, and recommend the collaborative interactions among the key stakeholders to facilitate the organization’s success. Kudler Fine Foods is an upscale specialty food store located in the San Diego metropolitan area. Because of the pressure on Kathy Kudler due to much traveling and the corporate life, Kathy decided to seek out other opportunities. Kathy found that cooking gourmet meals was a way that she would relieve stress, this sparked and opportunity that lead to the opening of the first Kudler Fine Foods 1998. Because of Kathy Kudler’s vision Kudler Fine Foods now operates out of three locations; Del Mar, La Jolla, and Encinitas. Kudler’s mission, “We will...
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...Functional Areas of Business Chavez Payne Management/521 October 20, 2013 Dr. Barbara Holloway Managers encounter infinite battles while engaging in the clash between business sustainability and marginal resources and must be prepared for combat. The evolution of managerial business functional roles necessitates several hats to be worn in order for success to be tangible. Some of these roles include efficient planning, organizing, leading and controlling, and all are equally essential. In addition, a deeper dive into these specific roles illustrates the need for support from a manager’s subordinates and supervisors. The absence of encouragement and assistance from staff members can be detrimental to the feat of an entire organization. In the end, the combinations of these influences contribute to the success of a prosperous manager. Designing a plan that effectively guides the activities of any business venture is invaluable for a manager. Because organizations exist to achieve some particular purpose, someone must define that purpose and the means for its achievement (Robins & Coulter, 2012). The first step in the process begins with the establishment of company goals, often referred to as objectives, which are aligned with the mission of a business and its offerings. Once goals have been identified and receive approval from the proper business members, strategies to achieve those goals require extensive development with input from all sectors...
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...Role of a Manager within the Functional Areas of Business Jennifer Nunez University Of Phoenix Role of a manager within the functional areas of business Managers in a business are the brain of the business and therefore, considered the most vital aspect of business. Managers are the coordinators and administrators of the business. For a business to succeed, managers are assigned different functions in the most vital departments of the business (Cook & Macaulay, 2013). These departments include human resource, finance, marketing and, operations. The departments oversee the critical segments of the business allowing the business to run smoothly with the help of managers who have specified roles for each department. The roles of the managers in each department are unique considering the difference in the requirements and activities of the departments. The functional areas of a business are run by managers who are responsible for all activities and provide reports to the main governing body of the business. The role of managers in all functional areas of the business is critical for the success of the business (Cook & Macaulay, 2013).. The human resource of the business is an important department because it deals one-on-one with employees of the organization. The purpose of human resource is essentially to reinforce the relationship of employees and their employers. The manager is therefore expected to foster the goal of human resource...
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...Functional Areas of Business Regardless of the different strategies and missions companies may have, all types of organization share a common denominator. This common denominator is the functional areas of business that companies have no matter what types of industry they are in. The functional areas of business may vary from company and industry but its core elements exist in any operating entity. Some of the common functional areas of business are marketing, finance, and accounting. Although a company’s success greatly depends on the collaboration of different areas of expertise, strategic planning and human resources management are two important functional areas an organization must have to compete and survive in today’s dynamic economy. Strategic planning is the functional area of business that focuses on creating plans to make sure the organization’s goals are accomplished. Managers use strategic planning to bring aspects of the company together (University of Phoenix, n.d). Management from strategic standpoint is crucial in an organization because it provides leaderships and connects business functions together while making sure that they are working efficiently. With the ever-changing global workforce, managers face new challenges from the external and internal environment. One of the growing issues in strategic management is constant change of the external environment. Management not only has to focus on shareholders but also stakeholders and maintain good public...
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...Functional Areas of Business Barbara Butkiewicz MGT/521 June 6, 2014 Rodney Klein Functional Areas of Business Barbara Butkiewicz MGT/521 June 6, 2014 Rodney Klein Abstract Operating a business is a complex task which involves many facets. The MBA Overview Model defines eleven functional areas of business, including management, law, human resource management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. In order to succeed in business, the organization must bring together the functional areas accordingly to achieve organizational goals. A critical role in any business is the manager. The manager plays an important part in utilizing each area to align the organization collectively towards economic prosperity. In this paper, I will examine the role of the manager in each of the functional areas of business. A business organization is a very complex structure. In order to be successful, a business needs to coordinate and organize many areas within the organization to achieve its mission. According to the University of Phoenix’s MBA Overview Model (2014), the functional areas of business include management, law, human resource management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. An essential component to any business that intertwines the functional areas is the manager. The role of the manager...
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...Functional Areas of Business Derek Davis MGT 521 July 22, 2013 Shelia Porter Functional Areas of Business A quality MBA program provides business leaders with the business acumen to succeed in all functional areas of business. These functional areas of business include management, law, human resource management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic management (University of Phoenix, 2013). Two functional areas that involve leading people include leadership and human resource management. Organizations with a strong leadership team are poised for success in the marketplace. This success is a result of maximizing the human capital potential and growth opportunities within a company. Yukl (2009) in his book "Leadership in Organizations" proposes that the leadership function in business has 10 attributes critical for organizational success. The leadership function aligns objectives and strategies to facilitate movement toward a stated vision. To accomplish the organizational vision the leadership function must build mutual trust and commitment among all internal and external stakeholders. This sense of trust is developed through effective communication and sharing openly with others who have a stake in the business. Leadership teams explain the meaning of events and how that impacts the organization so that all stakeholders are well informed. This communication leads to building task...
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...Functional Areas of Business This paper will address a couple of the functional areas of business. These functional areas are the ones that the author feels are of the most interest to them. Also there will be an explanation of what their role as a manager would be in these functional roles. In most organizations, there are several functional areas of business. These areas are marketing, operations management, finance and human resource management. All of these areas work hand in hand with one another so that organization can function effectively and efficiently. These functional areas of business are also known as task that the business needs to do in order for it to succeed. According to Jiang, “what a whole organization needs is to make strategic decisions and put the strategy into action” (Jiang, 02/2). This is what will make the organization thrive and grow. Human resources management is a part of administration. In administration, they do many things that are a necessity within any organization. They collect mail, store and retrieve paper and electronic records, organize meetings, and prepare documents to name a few. Also in the human resources department they work on the staff. This can include recruitment and dismissal, training and development, health and safety, also employee organizations and unions just to name a few. A manager in the human resources department is one of the most important jobs in an organization. They are responsible for taking employee complaints...
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...Functional Areas of Business MGT 521 June 15th, 2014 Abstract The functional areas of business are management, law, human resources management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. I believe all the functional areas are necessary to have a successful organization, however, the two areas stand out as vital to getting a business started and keeping it profitable, and they are human resources and the accounting departments. An organization will need to analyze what roles are vital when hiring their personnel to make sure they are suitable for their positions. Functional Areas of Business The functional areas of business are management, law, human resources management, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. I believe all the functional areas are necessary to have a successful organization, however, the two areas stand out as vital to getting a business started and keeping it profitable, and they are human resources and the accounting departments. Human Resources (HR) is the department that is responsible personnel hiring, applicant tracking, development employee skills, benefits and making sure people are in compliance with regulations. According to McShulskis (1996) article, the function of Human Resource departments is growing in strategic importance and also stated that more than three quarters...
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