Preview

MGT 521: Functional Areas Of Business

Better Essays
Open Document
Open Document
1048 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
MGT 521: Functional Areas Of Business
Functional Areas of Business
MGT/521
Traci Thurman-Bowen
Abstract
This paper will analyze the roles of a manger within the functional areas of business threw Law, Human Resource, Leadership, Accounting, Research and Statistics, Customers, Marketing, and Strategic Planning. In conclusion of this paper all areas of management will be analyzed and the role of how each area connects to one another.

Functional Areas of Business
Management
The role of management is important due to that their positions are held accountable threw company’s plans and goals. A mangers job is to manage their employees under them to make sure there plans and goals are being met. It is important for a manger to have their team responding and completing …show more content…
Having that leadership will factor the tone of the company you want working for you. Your tone can either make or break your company. Being the leader of your company, you are given the opportunity to influence the people or companies underneath yourself. Failing to be that positive influence can bring a negative impact not only for your company but within the team you are trying to build.
Marketing
Marketing is one of the most functional areas in any business. Every Co-Founder of any company had an image of how they wanted to present their company. With marketing an image of the company is presented. There are various types of ways a company can promote a product or sales within their store. A few ways to market in this era is Television Ads, Movies, Facebook, Twitter, Instagram, Billboards, Vehicles and so on. Promoting a new product or sales will draw the attention of loyal and even new consumers to your store. By placing your AD’s you are promoting your company to have a positive impact on that consumer. …show more content…
These plans are decided by management in a way to influence their expectations. These expectations can include how managers want their company to run, or how they want every employee to work together to create better outcomes for the company. These goals help the organization effectively. Goals are different in each position of management. If one part of management fails to implement their goals then most likely the goals of the other managers will fail as well. Working together as a team to help figure the importance of each plan will help impact the company in general. Strategic planning helps combine the functional areas of
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    Mgt 521 Functional Areas Of Business Research Paper
    • 1052 Words
    • 5 Pages

    Mgt 521 Functional Areas Of Business Research Paper

    This paper will provide the reader with information about strategic planning and operations management, in pursuing a career as a director for material management department in the operating room at Memorial Hermann Hospital. A personal goal is in place to accomplish this dream; many will be taken in planning the best health solutions during relentlessly pursuing quality and value.…

    • 1052 Words
    • 5 Pages
    Better Essays
    Read More
  • Better Essays

    Mkt/421 Definining Marketing Paper
    • 1178 Words
    • 5 Pages

    Mkt/421 Definining Marketing Paper

    Marketing is a business function that deals with consumers which is an important tool that helps companies’ sale their products and services. With the proper use of marketing companies are able to attract new customers by promising value and keep current customers by delivering satisfaction. Marketing can come in the form of advertisements that fill our TV screens, mailbox ads, magazine ads, and media. In today’s business, marketers have created new marketing approaches from creative web sites, online social networks to the applications in our cell phones. Strong marketing is important to the success of every organization. Well known for-profit organization such as Wal-Mart, Google, Dell, Apple, Toyota, and Marriot use marketing to keep customers coming back. Even non-profit organizations such as museums, hospitals, churches, and colleges use marketing strategies to keep people. Here in this paper we will define marketing; we will also explain the importance of marketing and provide at least three examples from the business world.…

    • 1178 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Mgt 521 Week 2 " Functional Areas of Business"
    • 713 Words
    • 3 Pages

    Mgt 521 Week 2 " Functional Areas of Business"

    Improving marketing has become a top priority of successful inventors and corporations. Most corporations’ research different groups and needs in the marketplace, satisfy the consumers in a superior way by targeting their wants and needs. All marketing strategies are built on segmentation, targeting, positioning, and then position its offering so that the target market recognizes the company’s image and terrific offerings. There are many different business areas which will sometimes play a huge factor such as, finance, accounting, information systems, marketing, and strategic management.…

    • 713 Words
    • 3 Pages
    Good Essays
    Read More
  • Best Essays

    Thomas Mitchell BA685 Week 4 Advertising Regulation
    • 1383 Words
    • 4 Pages

    Thomas Mitchell BA685 Week 4 Advertising Regulation

    Businesses exist for the purpose of making money. To do so, companies are constantly looking to improve sales of their products or services. In order to accomplish this, it is important that consumers be made aware of what it is that a business has to offer. As previously discussed, marketing is everything involved in the promoting of a business’s products or services. But in the following paragraphs one specific aspect of marketing will be discussed. The discussion will be dealing with advertising. When something is advertised it is made known. To advertise something is to describe or draw attention to something in a public medium in order to promote its sales. It probably goes without saying that effective advertising is a key to the success of a business (Advertising & Marketing Law, 2015).…

    • 1383 Words
    • 4 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Health Care Organization: A Case Study
    • 657 Words
    • 3 Pages

    Health Care Organization: A Case Study

    The first form of planning, strategic planning is a "set of organizational processes for identifying the desired future of the organization and developing decision guidelines and provides a map for how an organization will achieve its objective and goals." (Varkey & Bennet, 2010). The responsibilities included in strategic planning are done by the top-level management, such as CEO or presidents, to design and execute strategic plans to create the organization's vision statements. In essence, the strategic planning manages the long-term goals of the…

    • 657 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    english paper 03.02
    • 274 Words
    • 1 Page

    english paper 03.02

    In the 21st Century, advertising plays a big role in marketing. All products you see in stores and shopping centers, all use advertising. Without advertising, the product would not be able to sell. This is because no one would ever know it exists in the first place. For advertising to work, you need to use different techniques to affect people emotions. To do this you must combine creativity with strategy and come out with different messages for the viewer. You could get more attention with the advertisement if you make it fun. Another good strategy is to make your advertisement look like it will give the person power. But you must be sure it will because the public can accuse you of false advertisement.…

    • 274 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Powerful Essays

    Relationship Between Marketing and Pr
    • 1652 Words
    • 7 Pages

    Relationship Between Marketing and Pr

    Marketing refers “ to just about any promotional activity: advertising, special events, direct mail, on-line discounts and promotions, and the like. “Marketing” means any and all ways of promoting your business. Advertising means buying space or airtime to deliver a promotional message designed to reach the general public, usually through print media, television, radio or the Internet. Of course, just about anything can carry an advertising message, including the sides of buses, bill-boards and park-benches.…

    • 1652 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Ideal Manager Paper
    • 844 Words
    • 3 Pages

    Ideal Manager Paper

    The manager plays a vital role in the managing of the entire organization. For managing purposes, they should have a pleasant personality and look confident. This personality is only gained if and when the manager knows all the nitty gritty facts about the organization that he or she works for. Certain skills are required for a manager to deal with the work. Skills like strategic thinking and planning; always stay on top of the organization; saving time; innovative idea; self-management; team player; should be easy going to whom employees look towards; be able to…

    • 844 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Advertising And Promotion Analysis
    • 1598 Words
    • 7 Pages

    Advertising And Promotion Analysis

    As the term recommends, advertising works inside a promoting outline. Customarily known as the promotional component of the four Ps of marketing, the principal objective of advertising and promotion is to achieve a characterized group of customers to influence its performance by illuminating, inducing, and prompting. Advertising and promotion procures new clients for brands by building consciousness and empowering trial. Advertising and promotion additionally keeps up a brand's present client base by fortifying their buying behavior by giving extra data about the brand's advantages. An optional objective of advertising and promotion is building and strengthening relations with clients, prospects, retailers, and other paramount stakeholders.…

    • 1598 Words
    • 7 Pages
    Good Essays
    Read More
  • Good Essays

    Competitiveness How Effectively an Organization Meets the Wants and Needs of Customers Relative to Others That Offer Similar Goods or Services
    • 1824 Words
    • 8 Pages

    Competitiveness How Effectively an Organization Meets the Wants and Needs of Customers Relative to Others That Offer Similar Goods or Services

    3. Advertising and promotion are ways organizations can inform potential customers about features of their products or services, and attract buyers.…

    • 1824 Words
    • 8 Pages
    Good Essays
    Read More
  • Good Essays

    B) the Reasons Why Many Students in Many Higher Educational Institutions in Malaysia Are Facing Problems in Mastering the English Language
    • 894 Words
    • 4 Pages

    B) the Reasons Why Many Students in Many Higher Educational Institutions in Malaysia Are Facing Problems in Mastering the English Language

    To best understand the relationship between the different types of plans, let's start at the top. Strategic plans are designed with the entire organization in mind and begin with an organization's mission. Top-level managers, such as CEOs or presidents, will design and execute strategic plans to paint a picture of the desired future and long-term goals of the organization. Essentially, strategic plans look ahead to where the organization wants to be in three, five, even ten years. Strategic plans, provided by top-level managers, serve as the framework for lower-level planning.…

    • 894 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Functions of Management
    • 964 Words
    • 4 Pages

    Functions of Management

    Once the planning function is achieved, management moves to the organizing function of management. Organizing is, “the management functions of assembling and…

    • 964 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    The Role of Effective Communication in Improving Manegerial Performance
    • 3086 Words
    • 13 Pages

    The Role of Effective Communication in Improving Manegerial Performance

    The most common traits required in a manger are good communication skills, leadership qualities, problem identification and solving, and most importantly persuading and encouraging others to give in their best. These traits if not present in a manager or are dormant, can be identified and developed over a period of time through proper management development programs.…

    • 3086 Words
    • 13 Pages
    Better Essays
    Read More
  • Powerful Essays

    BALAJI WAFERS PVT LTD
    • 9415 Words
    • 54 Pages

    BALAJI WAFERS PVT LTD

    The corporate world was operated in dynamic environment, it is still being operated in globally dynamic environment and will be continued forever is the universal truth. Today’s manger’s role is not restricted up to record keeper, mediator, councilor, a role of conscience, trainer, peace maker, problem solver but also to work as mentor and to nurture the people in ever changing environment.…

    • 9415 Words
    • 54 Pages
    Powerful Essays
    Read More
  • Better Essays

    Managerial Role
    • 2182 Words
    • 9 Pages

    Managerial Role

    Mangers are the building blocks of an organisation. They are the first persons to be answerable for every good and bad that happened in any organisation. Their job is to look after many things that are happening in an organisation and maintain the path of an organisation smooth and competitive with less hurdles and disturbances. In order to achieve this, managers have to work both physically and mentally in many areas and they even have to make their employees to work properly and effectively to attain the goals of an organisation. Even though the employees are the prime workers in any organisations managers have to manage their employees and even he has to manage the external atmosphere at and around the organisation to run the organisation in an admirable path and their by achieving the predetermined goals.…

    • 2182 Words
    • 9 Pages
    Better Essays
    Read More

Related Topics