Functional Areas of Business University of Phoenix In order for any business to achieve its goal and objectives‚ its functional areas of business must be operational. They are several functional areas; however‚ various organizations may have areas added that are not common to another. Furthermore‚ functional areas of business have specific task and responsibility for supporting precise aims and objectives. According to the University of Phoenix‚ (they are marketing‚ operations management
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Functional Areas of Business Management — Management is the practice of coordinating and overseeing the work of others so that organizational goals can be accomplished. Managers ensure business success through efficiency and the effective use of employees‚ the business’s most important resource. Law — Business law is the study of the legal aspects of business that affect companies and small firms. Managers use business law to ensure that the firm’s operations are legally sound and that the business
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Task 1: Research different functional areas‚ provide definitions of each of these functions: * Customer Servise Customer service is the provision of service to customers before‚ during and after a purchase. Customer service is a series of activities designed to enhance the level of customer satisfaction – that is‚ the feeling that a product or service has met the customer expectation. Its importance varies by products‚ industry and customer; defective or broken merchandise can be exchanged
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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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fast-food near. The Six steps in the Strategic planning of a company includes: • Situation Analysis • Objectives • Identification of consumers • Overall strategy • Specific activities • Control. Kentucky Fried Chicken (KFC) is the fast food company that would be used to further explain the six steps of strategic planning. Situation Analysis: Is the tools used to evaluate and understand the opportunities and threats that a company may face from new companies entering
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roles Management can be very complex as they have to respond to planned and unplanned issues that can occur at any given time. Managers have a variety of duties to perform within an organization to help it function properly within the area of business. One of the areas of business that a manager plays a role in is Strategic Planning. Organizing and planning is a priority in businesses. Organizing and planning has objectives that involve developing business goals‚ organizing business resources to
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I started going to back to Phoenix with the intention of getting my MBA with an emphasis in IT Security. I then decided to just do an MBA and put of my “concentration” off to a later date‚ if ever. Like most people‚ there are many reasons to go back to school. Going further with my current job‚ possibly going on to a bigger and better job‚ and getting a feeling of self-satisfaction that I “did it” are the reasons I kept trying. This week we learned how to advance our positions in our individual
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Functional Area 1 Safe # 1 Safety My purpose in the functional area of safe is to promote safety‚ which is freedom from danger. I take precautions to prevent or reduce injuries while youth are in my care. This is an important facet of my job for the safety of children. Older youth often think they are invincible and tend to ignore hazards in the environment and many do not take into consideration behaviors that could cause injury. I promote safety by making the youth aware of the hazard and supervising
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Functional areas in Tesco and Oxfam 1. Introduction In this report I am going to compare functional areas of two contrasting organisations Tesco and Oxfam. Tesco is aiming at achieving profit‚ investing and offerring services and products to customers.Oxfam is a non-profit organisation‚ helping people in crisis. Tesco is a British multinational grocery and general merchandise retailer‚ it has stores in 14 countries across Asia‚ Europe and North America and is the grocery market leader in UK‚ where
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wider scope for research than any other functional area. It is because human behaviour is prone to constant changes. Individual behaviour is different from collective behaviour; human attitudes to work life differ substantially from those of social life. Heredity’s influence and environment’s impact on human behaviour affect organisational behaviour and productivity. Research in manpower planning is‚ therefore‚ more vital than in any other functional area because of the greater importance of the
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