Unit 1 Functional Areas
Unit 1 Functional Areas
Unit 1 Functional Areas
Finance
Human resources
functional areas must link together to achieve the overall aims and objectives This means cooperation and good communications
HR Ops
R&D
IT
Admin
Sales
CS
Financ e
Marketing
HUMAN RESOURCES
Recruitment, retention and dismissal Health and safety The main responsibilities of the human resources function Employee organisations and unions Working conditions
FINANCE
Concerned with money and future plans Preparing accounts, eg invoices, management accounts, financial accounts for shareholders and Inland Revenue Preparing wages and salaries Obtaining capital and resources, eg money for expansion or to pay for resources such as equipment and materials.
Security
OPERATIONS
Concerned
with the main business activities Obtains and converts resources of the business into goods/services, ie
Activities include:
Sales Promotion
CUSTOMER SERVICE
Concerned with customer relationships Activities include: Providing information Giving advice Providing credit facilities Delivering goods Providing after-sales service
THE USE OF IT
Relates to all functional areas: Electronic communications (eg email) Data sharing (eg databases) Security systems (eg virus protection) External communications (eg Internet) Online support for customers (eg order tracking) Electronic transactions (eg EFT)
FUNCTIONAL VARIATIONS
No two businesses are the same! Functions will vary because of: Size and scale of business Activities of business Type(s) of customers Needs of customers Preferences of owner(s)
key functions Find out where these carried out (or by whom) Check names of key areas/departments Identify links between functions/areas Identify use of IT within/between functions and customers Note any problem areas