Functional Areas of Business July 1‚ 2013 MGT/521 Amanda Olsen Is the manager’s role in an organization important or unimportant? Indeed a manager’s role within an organization is important because his or her managerial skills‚ and talents needed at this present time more than ever in today’s marketplace. According to Stephen Robbins and Mary Coulter (2012)‚ "Managers play an important role in identifying critical issues‚ and crafting responses" (p. 4).
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Functional Areas of Business Every company is different and each of them have different needs. A business that has more than one department assigns each department a particular job or function. This paper will give a summary of at least two functional areas of business of interest to me. I will also give an explanation of what my role as a manager would be in the functional areas of business that I have selected. The two functional areas of business that I have chosen are human resources and marketing
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Functional areas Function Areas What are main activities for each Functional area Finance Producing invoices‚ checking payments are received and chasing up overdue payments Recording money received Checking and paying invoices received Preparing the payroll and paying staff salaries Monitoring departmental budgets to check managers are not overspending Issuing regular budget reports to all departmental managers Producing cash flow forecasts and regular financial reports for senior managers Advising
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Functional Areas of Business Management MGT/521 Functional Areas of Business The functional areas of business are areas that allow the organization to operate‚ develop‚ and progress abiding by laws and regulations when implementing policies and procedures in the organization to all employees and management. There are 10 functional areas of business: Management‚ law‚ human resources management‚ leadership‚ accounting‚ finance‚ economics‚ research and statistics‚ operations management
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Functional areas of business Businesses are composed of different areas that work cohesively to achieve goals. The areas are often referred to as departments or functional areas. Accounting‚ Human Resources‚ Operations‚ and Sales are all examples of functional areas. Every business needs the functional areas‚ but not every business will separate them into individual departments or functional areas. Small businesses could have one person responsible for Operations and Accounting‚ whereas larger
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Ageism in the Workplace: A Cause for Concern Abstract The purpose of this paper is to discuss the problems faced by older employees in the workplace. The problems researched include age discrimination affecting promotions‚ forced retirement and problems employers face when dealing with older employees. Older employees are facing the same economic issues faced by all employees. Those older employees who do not have‚ or are unable to survive on savings or investments still need to work. Employers
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Women’s Experiences of Workplace Bullying and Changes in Job Satisfaction and Engagement Macquarie University Abstract Work is central to our everyday wellbeing but sometimes the workplace can become problematic when people experience workplace bullying. The purpose of this research was to gain an understanding of workplace bullying from the perspective of women who have experienced it‚ and how it affects them personally‚ their work life and their job satisfaction. A questionnaire was
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In today’s workplace mixing and managing employees is not an easy thing to do. Nowadays there are four different generations working together in a single office space. This can be a challenge for everyone involved as differences in generations can cause people to clash and create conflict‚ particularly in the oldest and youngest group of employees. The problem lies in these different generations having different values and ideas as well as varying ways in which to execute tasks. However‚ there is
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The Mission Mission which indicates the purpose and activities of the business‚ for example‚ The following table contrasts hard and soft mission statements. Hard | Soft | What business is/does Primary products/services Key processes & technologies Main customer groups Primary markets/segments Principal channels/outlets | Reason for existence Competitive advantages Unique/distinctive features Important philosophical/social issues Image‚ quality‚ style‚ standards Stakeholder
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Example of a Functional CV Christine Jones Manchester (Willing to re-locate if required) Tel: (0161) 234 1234 Chrisj@jackson-eng.com PROFILE: A self-motivated and hardworking Personnel Officer with over 10 years’ experience in all aspects of personnel work. During my time as a Personnel Officer I used own initiative and to create and work as part of an effective team. My proven leadership skills helped me develop and deliver training programmes‚ which included managing and motivating other
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