Wednesday 4 September 2013

Functioning Areas in Business

Functioning areas in Businesses
A functioning area of a business is a discrete area like IT. The IT department will be responsible for all IT support, software and hardware. Other areas are like Sales, Marketing, Finance, Human Resources.. etc
Assessment criteria:
P4 describe the functioning areas in two contrasting business organisations
P5 explain how these functional areas link in one of these organisations
M2 compare the interaction of functional areas and how they relate to each other in two selected businesses to support the business objectives

Functioning areas: All businesses must carry out a number of functions to ensure the business runs smoothly. These functions also link to the aims and objectives of the business and what it wants to achieve.

Tasks:
Produce a case study on two businesses from different sectors using the questions below:
1. Choose two businesses; one from the private sector and one charity or voluntary business. Spend time researching different businesses so that you find two that make good case studies. Look at the structure of the company and consider how they market themselves; who is in charge of sales and what their business activities are?
2. Try to identify three functioning areas in both companies and write about them. Give examples of each area and the tasks that they might do?
3. What is the role of research and development in the companies?

http://businesscasestudies.co.uk/business-theory/strategy/aims-and-objectives.html#axzz2IzTIPVKP

Case Studies
http://businesscasestudies.co.uk/companies/#axzz2IzTIPVKP

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