...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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...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 Managers have exciting, yet challenging jobs. While the role and scope of responsibility for managers can vary, one common trait among is that they generally manage indirectly, through a team of subordinates. In traditionally structured organizations, managers can be classified on levels as first-line, middle and top management Robbins & Coulter 2010). Each level of management plays an important role in the functional areas of business. Some of these areas of business included Human Resource Management (HRM), leadership and accounting. These functional areas of business are becoming a shared responsibility across levels of management, and are being lead cohesively or as cross-functional teams. The management of functional areas of business comes with great responsibility. Managers are responsible for coordinating and overseeing the work of other people so that organizational goals can be accomplished efficiently and effectively (Robbins & Coulter 2010). All management levels need to have a strong knowledge of the company and the industry. Managers also have a broad responsibility for the business, in addition to significant parts of the business such as HRM, leadership, strategic planning or operations management. Management requires strong skills and experience in multiple areas of business which includes human resource management, leadership and accounting. Human Resource Management addresses the concepts of personnel development...
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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 Paper MGT/521 August 3, 2015 Functional Areas of Business Paper Many companies base their organizational structures on various functional areas, creating departments around these functions and assigning responsibilities according to employees' job titles and experience. A functional organizational structure groups employees by various skills and expertise, leading to greater efficiency. Some of these areas include management, law, human resources, leadership, accounting, finance, economics, research and statistics, operations management, marketing, and strategic planning. According to Robbins and Coulter study (2012), the management concept can be defined as an individual who is involved in the coordination and supervision of all work activities of their employees to make sure that the assigned activities were completed in an efficiently and effectively manner. This efficient and effective aspect of the managerial process requires that managers are doing the right thing within a rightful nature (Robbins and Coulter, 2012). Project managers handle making project goals their own and use his or her skills and experience to create a shared purpose within the project team. They enjoy the presentation of creating new challenges and the responsibility of stimulating business results. Project managers also work well under pressure and have the capability to adapt with change and run into many different situations. This type of manager needs to...
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...Running head: FUNCTIONAL AREA INTERRELATIONSHIPS Functional Area Interrelationships Introduction The purpose of this paper is to identify the functional areas of Riordan Manufacturing industry. In this paper, the reasons for the organization’s existence will be identified through an analysis of the mission, vision, values, and goals of the organization. Additionally, an analysis of the type of organizational structure employed by the business will be addressed as well as key positions that support Riordan’s operations. The level of vertical and lateral collaboration among Riordan’s functional areas to achieve their organizational goals will be identified and explained along with examples of the use of lateral and vertical collaboration within the organization. Furthermore, key stakeholders and their roles needed to achieve the organizational goals recommended will be identified and addressed as it relates to Riordan’s success. Analysis of the Mission, Vision, Values, and Goals When analyzing Riordan’s organization it appears the most important reason for the organizations existence is to ensure company grown. They are involved in multiple areas of research and development of plastics products for numerous industries. It looks as if the Riordan is a relatively small company with immense growth potential...
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...Functional Area of Business Sharon Ann Schlesinger MGT/521 March 3, 2014 Dennis Boedeker Functional Area of Business The functional areas of business are management, law, human resource management, leadership, accounting, finance, economics, research and statistics, operational management, marketing, and strategic planning (University of Phoenix, 2013). All of these areas are very important in the growth and development of a successful business. The two areas that are the most essential to any business are the human resource management and leadership. They are both necessary in the development of a strong business. Hiring only the top people that will make your business grow and develop into what you have developed and planned on so hard to achieve. According to Ancana-loana (2113) “Paauwe defined human resource management as value added economic dimension of business organization, the role that Human Resource (HR) plays in creating economic value and increase financial performance in an organization” (p.3). Thus far meaning that the human resource management department of any business is required in building a business that will forever strive to build within its walls a group of employees that will bring it to all its glory making it a success. In the company I work for now, the human resource management do an intensive background screening before you are even called for an interview. At the beginning of the interview, you are placed before a computer to perform...
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