What Are the Functional Areas of Management?
What are the functional areas of management?
Answer:
There are many tasks every business needs to do if it is going to succeed. Each of these tasks is described as being a function of a business. The following is a brief introduction to each of these functions: * Human Resources - ensures the business has the best staff for the job and that they are able to work effectively in a safe environment; * Finance - will keep a record of all money coming in and going out of the business. They have responsibility for securing finances for future expansion and paying staff and suppliers; * Administration and ICT support - ensure the smooth running of the business on a day-to-day basis. They have responsibility for clerical duties, cleaning, computer and software support, security and health and safety; * Operations - have the task of producing the goods or service in the most efficient way. This is done by making best use of the business's staff, machinery, building and raw materials; * marketing and sales - will try and maximize the level of sales by carrying out market research and promoting the goods or service through a motivated sales team; * Customer Service - will help the customer before and after a sale has been made by providing information, giving advice, providing credit facilities, delivering goods and providing after-sales support; * research and development - will help the business remain competitive by developing new goods and services and updating the existing ones; Use of ICT - ICT will be used in each of these
Answer:
There are many tasks every business needs to do if it is going to succeed. Each of these tasks is described as being a function of a business. The following is a brief introduction to each of these functions: * Human Resources - ensures the business has the best staff for the job and that they are able to work effectively in a safe environment; * Finance - will keep a record of all money coming in and going out of the business. They have responsibility for securing finances for future expansion and paying staff and suppliers; * Administration and ICT support - ensure the smooth running of the business on a day-to-day basis. They have responsibility for clerical duties, cleaning, computer and software support, security and health and safety; * Operations - have the task of producing the goods or service in the most efficient way. This is done by making best use of the business's staff, machinery, building and raw materials; * marketing and sales - will try and maximize the level of sales by carrying out market research and promoting the goods or service through a motivated sales team; * Customer Service - will help the customer before and after a sale has been made by providing information, giving advice, providing credit facilities, delivering goods and providing after-sales support; * research and development - will help the business remain competitive by developing new goods and services and updating the existing ones; Use of ICT - ICT will be used in each of these