Functional areas

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Transcript of Functional areas

Page 1: Functional areas

Paige Shirley

Page 2: Functional areas

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.

Cash inflow

Cash outflow

Capital

Page 3: Functional areas

Human Resources - ensures the business has the best staff for the job and that they are able to work effectively in a safe environment.

Recruitment

Retention

Training

Conditions of work

Work Representatives:

Health and Safety

Page 4: Functional areas

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.

Information

Customer Support

After Sale Support

Customer Advice

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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.

Getting the right materials/equipment Planning Production Monitoring Production Monitoring Budgets Providing Services Monitoring Quality

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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.

Market Research

Market Analysis

Market Strategy

Sales Team

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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;

Clerical Work

Cleaning and Maintenance

Technical Support

Security

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Research and development will help the business remain competitive by developing new goods and services and updating the existing ones.

New Product Development

Research into New Products

Experiment with New Ideas

Improving Existing Product