Preview

The Role of Managers in Each Functional Area of Business

Better Essays
Open Document
Open Document
949 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Role of Managers in Each Functional Area of Business
Managers are essential for any type of business in order to succeed. They are specialists required to perform a particular set of specialized roles that are dependent on the functional area in which they work [1]. Their rule cannot be ignored. They are the ones who are responsible of planning, organizing, commanding, coordinating, and controlling [2]. This paper is designated to study the role of managers in the different functional areas of any business. But what are the functional areas of any business? What are the types of managers and what skills they need to have for each functional area? The following shows the answers for each question.
Any business consists of a number of functional areas. The functional areas are the specialized departments within a business. These departments carry out specific functions that assists the business overall. Businesses are classified as small or large. In the case of small businesses, the functional areas are not definite because the owner usually produces and markets his own products, does his own accounting and personnel work. Large businesses need more specialized departments. Most large businesses have four functional areas: Production, Finance, Marketing, Personnel, and Research and Development [3].
As we defined the functional areas, let’s take a brief look at each one and what type of management it has:
1. Production. Production is defined as the manufacture or assembly of the final product [4]. The production manager is the one who is in charged about making decisions to make sure that the final product follows the company’s policy regarding quality, quantity, time lines, and the assembly or manufacturing processes. He coordinates the work culture and plans and controls the processes of production. He also has to make sure that the quality of the final product complies with the company’s standards.

2. Finance. It’s the department where all the financial activities are processed. Sales, income, expanses,



References: 1. Role Profiles of Managers in Deferent Functional Areas. Paolillo, Joseph. University of Mississippi. March 1987; ProQuest Central. (Pg 109) 2. MANAGEMENT (11th edn.) by Stephen P Robbins & Mary Coulter. (Pg9). 3. Functional Areas of a Business. Raymond’s CXC Blog. November 19, 2009 at 2:28 am (P.O.B Lessons). 4. BTEC First Business - 2nd edition by Carysforth, et al. (2006)

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Functional Area IS This system will support, plan and organize particular functional areas in our business. For example, this system will enable us to effectively conduct payroll and have an overview of sales management with cost and pricing analysis, inventory control, our overall spending and budget. With the information gathered, we will perform an evaluation of weekly,…

    • 654 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Functional areas are used in many businesses and are very effective as different areas work together to do or produce one thing. Tesco is a multinational company and also have functional areas such as:…

    • 728 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Chipotle

    • 8563 Words
    • 26 Pages

    -Which functional areas within the firm are particularly strong and which are particularly weak? Why?…

    • 8563 Words
    • 26 Pages
    Powerful Essays
  • Better Essays

    This study will use the collective analysis of all the functional areas of operations to discover potential gaps in the integration of the knowledge, skills, and attitudes of each of the functions as well as the effectiveness and efficiency of the company’s collaborative integration of the collection of the functional knowledge, skills and…

    • 2438 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Btec level 2 unit 16

    • 829 Words
    • 3 Pages

    A business's functional areas are the departments depending upon the company's management structure that manages the main functional areas of business in a company. Most businesses share the main functional areas in common. Some functional areas are marketing, accounting, customer service, and human resources. There may be other functional areas such as but not restricted to international business and research and development.…

    • 829 Words
    • 3 Pages
    Good Essays
  • Good Essays

    2. How should IT be integrated with other functional areas to assure that the company can meet its business objectives?…

    • 3613 Words
    • 15 Pages
    Good Essays
  • Powerful Essays

    Unit 1 P3 and P4

    • 2053 Words
    • 8 Pages

    Describe how two businesses are organize. Identify the activities of the functional areas , and describe the relations between them.…

    • 2053 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    From planning to controlling, you cannot single out which function is more important than the others. To run a successful team or business, the four fundamental functions of business; planning, organizing, leading, and control should always be used together to produce the very best product or project together. Henry Ford once said "The best we can do is size up the chances, calculate the risks involved,…

    • 1198 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Functions are the specialist areas that a business is divided into for example marketing and finance.…

    • 2807 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    * Identify the company’s primary product areas/SBU's (strategic business units). How large is each unit, and how do they fit together?…

    • 1503 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Functional areas Function Areas What are main activities for each Functional area Finance Producing invoices, checking payments are received and chasing up overdue payments Recording money received Checking and paying invoices received Preparing the payroll and paying staff salaries Monitoring departmental budgets to check managers are not overspending Issuing regular budget reports to all departmental managers Producing cash flow forecasts and regular financial reports for senior managers Advising senior managers on sources of finance for capital expenditure.…

    • 871 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Production Management is on the focuses specifically on the production of goods and services and is concentrated upon churning output from input. It is a broad sum of activities that go into turning raw material into final, finished product. One may feel that production management is a subset of operations management, but production management in itself is a broad subject that comprises production planning and control, inventory…

    • 636 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Explain what the links are between each functional area and other functional areas in the business.…

    • 927 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    How Functional Areas Work

    • 1634 Words
    • 7 Pages

    The finance function of the business usually controls the cost, money going in and out of the business. They would keep a record of cost going out the business, and calculate whether the business is making a profit or loss. The finance department are responsible for sending invoices to customers, clearing cheques which are received, and also preparing payrolls so they can pay staff salaries. Anything to do with money is dealt by the finance department in any organization. The finance department work with the marketing department to help them with their finances. The finance department allocates the budget to support various activities the marketing department carry out. So for example, if the marketing department at Tesco’s want to carry out a promotion through direct mail, they would ask the finance department first; from there the finance department will decide if they are able to fund this type of direct mail promotion. Tesco’s would not be able to carry out this activity without consulting the finance department, because the money only goes in and out of the finance department. Furthermore when the marketing department need money for researching and development to design new products to attract potential customers, they would again consult the finance department who would allocate suitable funds, so that the marketing department can carry out this activity efficiently. The marketing department at Tesco’s may also need money if they want to distribute materials such as posters with special offers, if they don’t consult the finance department about this activity, then the marketing department at Tesco’s could be losing money for…

    • 1634 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Project Management

    • 2680 Words
    • 11 Pages

    1. Identify the attribute that is NOT normally associated with the job of functional manager.…

    • 2680 Words
    • 11 Pages
    Powerful Essays