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Functional Areas

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GCSE Business CWK Functional areas Introduction Every successful business or company such as Mac Donald, Orange etc must have some sort of function within the business, but the four main functional areas are Production, Marketing, HRM (human resource management) and Finance these all work together to make never ending cycle. Job titles and roles in the organisation chart reflect the functions of different departments however each function has its own advantage and disadvantage. The advantages having functional areas are staff can become more experienced, opportunities for promotion and career development; on the other hand departments may become more competitive, rather than having aims of organisations as a whole on mind. Within the functional areas there are different tasks which must be completed for the inevitable: * Serving customers * Buying raw materials * Pricing the product * Promoting the business * Recording customers payments * Business hygiene * Displaying Products Organisations are structured in radically different ways ranging...

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