...Managers Role In Functional Areas Of Business 1 Managers Role In Functional Areas of Business MGT/521 January 12,2015 University of Phoenix Managers Role In Functional Areas of Business 2 According to University of Phoenix MBA overview, businesses have eleven areas within the company that play a major role with its overall success. (University of Phoenix). Without these functional areas working symbiotically, the business would most likely not be able to operate at its fullest potential, and it would ultimately not succeed. Each functional area is important and offers a very specific objective to ensure the organization’s success but what is more important than these functional areas of business is the manager, the person behind the scenes making sure that all of these areas of a business and the employees are operating to the best of their ability in order to make the businesses a success. “Managers perform certain activities or functions as they efficiently and effectively coordinate the work of others (Robbins & Coulter).” In this paper I will discuss three of the functional areas of business management, human resources and marketing and what role a manager plays in that functional area of business. Management...
Words: 1045 - Pages: 5
...The Roles of Managers in Functional Areas of Business Maureen Glidewell MGT 521 1/30/14 Shirley Fitzgerald Managers are a key element in the operation of any business or organization. The success of any business is going to depend on managers and the employees that they manage. While different types of business will dictate different job functions for a manager, all managers will have the same fundamental roles, planning, organizing, leading and controlling, in whatever functional area of business they are working. The most important role that a manager plays in any functional area of business is that of planning. Planning in a business involves setting goals and formulating strategies to meet those goals. Planning is necessary at any level of management and provides a roadmap for the organization to follow to meet the organizations goals in the most efficient manner. A manager is responsible for taking the goals of the organization and providing direction to the employees to meet the goals in the most efficient manner. Anticipating areas in the business that may hinder the organization from meeting its goals is a vital activity for managers and key to keeping employees productive. Proper planning will help to keep the business running efficiently and effectively and give purpose to the organization. (Thorn, 2012) Planning will reduce uncertainty as external forces that may affect the business have been taken into account during planning. Proper planning by management...
Words: 845 - Pages: 4
...Manager Role within Functional Areas of Business Fernando Franco MGT/521 June 1, 2015 Natalie Casale ROLE OF A MANAGER WITHIN THE FUNCTIONAL AREAS OF BUSINESS The role of a manager can be one of the most challenging jobs ever in existence. A manager’s role is to perform within the functional areas of a business. A business has different components that make up the organization; these are usually Finance and Accounting, Research and Development, Sales and Marketing, Production, Human Resources, IT, and Distribution. The role of a manager in each of these components that make up a business is to to balance out the environmental factors while effectively performing the four functions of management within each of them which are; planning, organizing, leading and controlling. In order for a manager to be successful he or she has to embrace and understand the management role. Robbins and Coulter (2012) defined a manager as “someone who coordinates and oversees the work of other people so that organizational goals can be accomplished” (p. 6) ROLE OF A MANAGER WITHIN THE FUNCTIONAL AREAS OF BUSINESS A manager must understand this definition in order to perform effectively the four functions of management. By mastering the four functions of management a manager creates an environment where the employees can perform at there very best potential. A business...
Words: 890 - Pages: 4
...Role of a Manager within the Functional Areas of Business MGT/521 10/12/2012 Carlton Robinson Abstract According to the University of Phoenix MBA Overview Module (n.d.), there are 11 functional areas of business that managers play an important role. However, for the purposes of this paper, we will focus on in my opinion the four major functional areas of a business (management, human resource, finance and marketing) that managers play a key role, regardless of the company size. Each line of business have specific duties and responsibilities, however, they all come together to work for the success of the company. Management Management is the practice of coordinating and overseeing the work of others so that organizational goals can be accomplished. Managers ensure business success through efficiency and the effective use of employees, the business's most important resource (University of Phoenix, n.d.). Managers are the first line of defense to interpret the culture and atmosphere management wants to present to the business as a whole. In addition, they must provide the tools and resources to employees for the company to accomplish the goal’s management has implemented. If the goals are not being performed employees have to work with management to address the changes and make corrective actions to maintain positive stability in the business environment. Human Resource Managers use Human Resource management throughout the employee life cycle, including hiring...
Words: 864 - Pages: 4
...Role of Managers within Functional Areas of Business Business organizations are broken down into smaller functional areas. These functional areas include: marketing, human resources, finance and accounting, and sales. Each of these areas requires a manager to oversee the success of the area. “A manager is someone who coordinates and oversees the work of other people so that organizational goals can be accomplished” (Robbins & Coulter, 2012, p. 5). The role of a manager is crucial to the success of a business. There are differing levels of management, beginning with first-line managers all the way up to top-level managers according to Robbins and Coulter (2012). First-line managers tend to be production supervisors and oversee the operating areas of an organization. Mid-level managers tend to be store or district managers and oversee the first-line managers. Top-level managers tend be executive or financial officers and oversee the mid-level managers. Marketing is how business organizations communicate with their potential customer base. In order for marketing to be successful, a marketing manager must oversee the ideas of the marketing staff and select the best idea or two to attract customers. Marketing managers must have an idea of their customer’s needs as well as their marketing staff’s abilities. Combining these two areas to find the best marketing strategy for their company is what makes a successful marketing manager. Human resources is an area of business...
Words: 643 - Pages: 3
...Managers are generally the head of a department or functional area within an organization, for example marketing, operation management or human resource management. They have specific responsibilities depending on the needs and wants of the organization. The job description of a manager varies from organization to organization. However, the role of managers within the functional areas of a business involves planning, organizing, leading and controlling. According to French and Henning (1966) showed that the traditional definition of one functional role, of a personnel manager, is misleading. Their study of the personnel manager in twenty five firms revealed that: he does not have the same degree of authority in each area of his responsibility and his authority varies from one type of decision to another even with a single area of responsibility (Henning and Mosely, p. 482. para. 2.). The type of a manager holds has some influence on the perceived importance of the managerial roles. According to the functions approach, a manager performs certain activities or functions as they effectively and efficiently coordinates the work of others. The job of a manager may include several different specialties and require behaviors that are neither dramatically different nor exactly the same as any particular functional specialist (Pavett and Lau, 1983, p. 175). The role of a manager is specific action or behavior expected of and exhibited by him. The manager’s role involves such functions...
Words: 809 - Pages: 4
...Analyzing the Role of a Manager Within the Functional Areas of Business Kevin Woodbridge Management 512 02/03/2015 William Wider Analyzing the Role of a Manager Within the Functional Areas of Business A manager heading an organization can oversee a plethora of responsibilities, in which most of those duties are directorial in essence. In small corporations, the role of a manager is more so handy in all aspects of the company and may be a lot more hands on. However, in large businesses, there are various degrees of specific supervisory duties within each business function. Nevertheless, the prime responsibility for all managers is business growth and development. If an organization is coming up short of its goals as an operation, it is the manager’s role to adjust accordingly to ensure that everything is back on course. Every corporation operates by having various business functions where duties and responsibilities are handled by employees. These functional areas of a business can include Human Resource, Accounting/Finance, Legal, Information Technology, etc. Functional managers lead these divisions, in which they have a role and responsibility to strategize, shape, direct and oversee divisions to reach department objectives, which then leads organizational objectives (Bansal, 2014). “Manager is someone who uses authority and reason for efficient and effective problem solving and to mobilize, coordinate, and control organizational resources by the use...
Words: 1035 - Pages: 5
...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...
Words: 1253 - Pages: 6
...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...
Words: 943 - Pages: 4
...Introduction When it comes to business success, managers are an essential part. They play many different parts. According to an article by K. Cieslinska entitled “The Basic Roles of Manager in Business Organization”, as sited from R.W. Griffin (2000), a manager is the person responsible for realization of management process and makes plans, decisions, organizes, supervises and controls human, finances and information resources (Cieslinska 2007). Another view of what a manager is taken from A. Pocztowski, also cited in Cieslinska’s article suggest that managers are charged with “the art of reaching goals by proper using the finance, material and human resources” (Cieslinska 2007). Sometimes they act as a “go-between” for employees and the upper management, they make sure that tasks are complete, and they also have obligations in the functional areas of the organization. This paper will discuss the role of managers within the functional areas of a business. Functional Areas of a Business and the Managers Role In a large company or organization, there will be several different departments, each having its own specific task or job to perform. These tasks or jobs are called the “function” of that particular department. According to the Business Dictionary, functional area is defined as “grouping of individuals on the basis of the function each performs in the organization, such as accounting, marketing, and manufacturing; or grouping of activities or processes...
Words: 1207 - Pages: 5
...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. 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. 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 in a business (Suttle, 2014). The manger is responsible for the competence of all employees of the business. The role of a manger in the human resources department ensures...
Words: 889 - Pages: 4
...The pursuit of a Masters of Business Administration (MBA) concentrates on the development in business administration. Organizations leaders have to study the functional areasof business and find ways to communicate these information’s to managers for effective leadership. Organizations formulate their organizational structures on numerous functional areas generating subdivisions around these functional areas and delegating responsibilities asnecessary. This paper focuses on the functional areas of business and the importance of managers to work in cross-sectional teams for a successful organization. Functional Areas of Business Small or large businesses have key functions to perform on a regular basis. It may includestock to be bought, bills to be paid, customers with questions, or other requirements that formsthe functional areas of the business. Small firms may have one or two people carrying out mostof these jobs. However, in large organization people with different task are specialized. Some large organizations have buyers purchasing stocks, an accounting department with staff to pay their bills and a customer service department with staff to checkout, service, and answer customers inquires. Therefore, the role of a manager within the functional areas of the business could either bring success or failure to the organization. Functional Areas in Business Organizations Because in a large organization, one could find people working together in departments;it is easier...
Words: 801 - Pages: 4
...Functional Areas of Business How often do managers fail? Statistic shows that 50% or more of middle managers fail to achieve the expectations of those who promote them (Business Know-How, 2014). It is apparent with statistic like this it is a difficult job to be an effective manager. Many managers assume that managing a business is just an extension of managing themselves and their personal lives. In fact, becoming a successful manager requires personal development, as well as, a desire to learn and such a transformation does not occur overnight. A manager who wants to advance in the organization must also acquire knowledge of certain functional areas of business. Having a clear understanding of these functional areas enables a manager to make comprehensive business decisions. In this paper different functional areas of business will be identified. In addition, the role of a manager within these functional areas will be analyzed. What does the term functional area of business mean? All successful businesses must operate a number of functions to ensure the business runs smoothly, and these functions link to the goals and objectives of the business. “In large, organizations employees are arranged into departments specializing in certain tasks. These tasks are considered functional areas” (Slide Share, 2014). There is no fixed rule in determining what main functional areas of business are. However, successful structured organizations incorporate the functions listed...
Words: 1217 - Pages: 5
...The Role of a Manager in Functional Areas of a Business MGT 521 March 9, 2015 The Role of a Manager in Functional Areas of a Business The employees in a functional area of business have specific roles in the departments to further the goals of the company. The functional areas of a business are human resources, management, law, leadership, accounting, finance, research and statistics, marketing, economics, operations management, and strategic planning. A functional organization structure will group its employees by different skills to put them in the correct functional areas. Business managers perform all activities in an organization, they usually calibrate these activities by skills that the employees have to do their jobs. A manager is a person that leads, plans, organize, and control their employees. “When a company assigns specific functions to employees it will help prevent errors, reduce cost, and ensure work gets done.” (Ashe-Edmunds, 2015). Functional managers lead their departments by planning, organizing, and controlling the functional departments in a business: human resource, administration, finance, accounting, law, economics, operations, marketing, research, leadership and strategic planning. Human resource, legal, and administration is the departments that makes sure the company stays in compliance with state and federal laws, hiring employees, to get employees proper training to do their jobs, and establishes pay scales for employees. Human...
Words: 799 - Pages: 4
...Functional Areas of Business Brendaliz Medina, Edric Vázquez, Félix Tapia, Javier Acosta & Yun Hernández University of Phoenix MGT / 521 January 3, 2012 Prof. Elsie Jiménez Galarza Functional Areas of Business There are different forms of organizational structures that are used according to the needs of each company. In this document to better understand the utilities that have to make a study of the functional area of the company. Also this paper shows how each part, functions and areas of interest are necessary to complement and thus lead a proper structural relationship. The departments of Sales, Marketing, Human Resources and the role of the manager are the areas that we will be covering to ensure success and the proper functioning of the business. Also here are some recommendations to consider when performing the functions of each one of these. The Sales Department as a functional area on any kind of business gave a deep look on whom, how, when the working team wants to achieve their future goals at short and long terms. This part of business is the beginning and the heart of any company even is a service or a products selling company. The important role of the Sales Manager begins with the fact that they have to know every product or service from the beginning to the end. They are the ones who take the customers and convince them of the high qualities and the good usage of any product or service they sale (Mehta, Anderson, Dubas, Dubinsky & Liu, 1999)...
Words: 1132 - Pages: 5
