Business Functions and Process
Business Functions and Process an exclusive report on external stakeholders
Module: Business Fuctions and Process
Moudule Leader:
Student Name: Mengying Zhang
Student ID: 11061928
Word Account: 4,929
Content
Introduction 1
External Stakeholders and the Organisation 2
Sustainability 3
Globalisation 4
Corporate Social Responsibility 4
Diversity 4
Business Innovation 5
Creativity 5
Enterprise Development 6
Knowledge of Management 6
Risk Management 6
Operation in Business Process 8
Operation Management and Objectives 8
Operation Management and Strategy Process 9
Operation Management and Implementation 9
Operation Management as a Transformation Process 10
Operation Management and Operation Activities 11
Other Important Business Functions 12
Marketing as Business Function 12
HRM as Business Function 12
Finance as Business Function 13
Conclusion 14
Reference 15
Introduction
This report is aim to introduce how business functions and process need to be implemented across an organisation. The report will come with both academic theories and real examples. Some examples of Tesco PLC and other companies have been chosen here to provide some good example of a business running of a large international group. The report will be separated into there parts and trying to provide more detail of business functions and process through different aspects.
External Stakeholders and the Organisation
According to Johnson. G, Whittington, R. and Scholes, K. (2011), stakeholders play important rules in a organisation, especially a large organisation because there are different expectations, even confliction between those stakeholders in a organisation. Stakeholders can be divided into four types regarding to their relationships to the organisation and how can they affect the whole organisation. These four types of external stakeholders are: Economic stakeholders, Social/Political stakeholders,
Module: Business Fuctions and Process
Moudule Leader:
Student Name: Mengying Zhang
Student ID: 11061928
Word Account: 4,929
Content
Introduction 1
External Stakeholders and the Organisation 2
Sustainability 3
Globalisation 4
Corporate Social Responsibility 4
Diversity 4
Business Innovation 5
Creativity 5
Enterprise Development 6
Knowledge of Management 6
Risk Management 6
Operation in Business Process 8
Operation Management and Objectives 8
Operation Management and Strategy Process 9
Operation Management and Implementation 9
Operation Management as a Transformation Process 10
Operation Management and Operation Activities 11
Other Important Business Functions 12
Marketing as Business Function 12
HRM as Business Function 12
Finance as Business Function 13
Conclusion 14
Reference 15
Introduction
This report is aim to introduce how business functions and process need to be implemented across an organisation. The report will come with both academic theories and real examples. Some examples of Tesco PLC and other companies have been chosen here to provide some good example of a business running of a large international group. The report will be separated into there parts and trying to provide more detail of business functions and process through different aspects.
External Stakeholders and the Organisation
According to Johnson. G, Whittington, R. and Scholes, K. (2011), stakeholders play important rules in a organisation, especially a large organisation because there are different expectations, even confliction between those stakeholders in a organisation. Stakeholders can be divided into four types regarding to their relationships to the organisation and how can they affect the whole organisation. These four types of external stakeholders are: Economic stakeholders, Social/Political stakeholders,