M2 Introduction In This Task I
M2- Introduction
In this task I will be compare the interaction of functional areas and how they relate to each other in two selected business and its purpose.
The mainfunctional areas within two business organisation and how they relate to each other
The main purpose of functional areas is to ensure that all important Business activities are carried out efficiently. This is essential if the Business is to achieve its aims and objectives. In addition, specific areas will be responsibility for supporting specific types of aims and objectives. Example like :> sales and marketing will be involved in achieving targets linked to developing new markets or increasing sales, human resources will be involved in arranging staff training activities and supporting the continuous professional development of all staff. Production will be set targets relating to quality or meeting planned production schedules.
The main functional areas of a business are marketing, human resource, finance, information technology (IT) and production. All these interact with each other in different ways but all contribute to effective organisation. Business organisationswould not be run successfullyif one of these functionalareas ismissing. They are all important in a business organisation and they help the business to achieve their aims and objectives.
Functional areas of Harrods and Marks & Spencer’s
HARROD
Administration
Customer service
Marketing
Distribution
MARKS & SPENCER’S
Administration
Customer service
Marketing
Distribution
Comparing the Functional areas of Harrods and Marks & Spencer’s
Administration-Both organisations join administration within their business to implement vital decisions, both use administration to crucially administer the critical decisions and planning needed to develop the business as a whole and expand itself throughout other countries, other function administration can be used to assess the quality in all areas and detects potential or actual deviations
In this task I will be compare the interaction of functional areas and how they relate to each other in two selected business and its purpose.
The mainfunctional areas within two business organisation and how they relate to each other
The main purpose of functional areas is to ensure that all important Business activities are carried out efficiently. This is essential if the Business is to achieve its aims and objectives. In addition, specific areas will be responsibility for supporting specific types of aims and objectives. Example like :> sales and marketing will be involved in achieving targets linked to developing new markets or increasing sales, human resources will be involved in arranging staff training activities and supporting the continuous professional development of all staff. Production will be set targets relating to quality or meeting planned production schedules.
The main functional areas of a business are marketing, human resource, finance, information technology (IT) and production. All these interact with each other in different ways but all contribute to effective organisation. Business organisationswould not be run successfullyif one of these functionalareas ismissing. They are all important in a business organisation and they help the business to achieve their aims and objectives.
Functional areas of Harrods and Marks & Spencer’s
HARROD
Administration
Customer service
Marketing
Distribution
MARKS & SPENCER’S
Administration
Customer service
Marketing
Distribution
Comparing the Functional areas of Harrods and Marks & Spencer’s
Administration-Both organisations join administration within their business to implement vital decisions, both use administration to crucially administer the critical decisions and planning needed to develop the business as a whole and expand itself throughout other countries, other function administration can be used to assess the quality in all areas and detects potential or actual deviations