How Functional Areas Operate Inside An Organisation

Compare and contrast an existing organization’s three major functions (i.e., finance, marketing, and operations), and then justify the interdependence that operations have to finance and marketing. Provide examples to support your rationale.

Huffman Trucking is a trucking company that was established in 1936. Throughout this paper, we will discuss the company’s mission and vision statement. It will also identify the type of organizational structure and how each of those roles supports the company’s goals. The collaboration process among the functional areas must also be established to support the goals. Finally, the stakeholders will be reviewed and how the company plans to protect them and how their communication is vital to the success of Huffman Trucking.

In this report I am going to compare functional areas of two contrasting organisations Tesco and Oxfam.

Compare and contrast an existing organization’s three major functions (i.e., finance, marketing, and operations), and then justify the interdependence that operations have to finance and marketing. Provide examples to support your rationale.

I will talk about functional areas of M&S and KFH. through Comparison and contrast of how they contribute and operate their functions, as will as the structures, also my task is, to evaluate the benefit and disadvantages of their functions, finally, try to explain my opinion about how well the two companies run there business.

Without appropriate organisation on a variety of fronts, most business will limp, unable to set or achieve their strategic plans therefore organisational functions are the glue that holds all the pieces of your business together in the pursuit of their ultimate objective. However organisational functions have some interrelationships. Examples of organisational functions are, finance, marketing, Human resources, operations, Research and development purchasing, production, sales and advertising.

Read Ch. 1–3 and Appendix A of Management: Leading & Collaborating in a Competitive World.Read this week’s Electronic Reserve Readings.

In all companies there are many different tasks which need to be carried out regularly, in order for the business to reach its aims and objectives. Stock needs to be brought, the bills and finances need to be controlled, and customer service issues dealt with and so on. In a small organisation one or two people may do all the jobs, whereas in a large organisation people have to be specialized in many different individual tasks. In a large company it is easier to identify the separate functional areas, because groups of employees would work together in departments. Each department carries out its own individual tasks to relate to their specific area. The main purpose of functional areas

In case study we have to appointed the new marketing manager for “Cocoa Delight” a chain of gourmet chocolate stores in Melbourne. According to case study, I must complete a viability report for each of the marketing opportunities.

Charles Chocolate is one of the most prominent chocolate brand in New England, having various chocolate product line with highest quality and customer loyalty. Charles has only one production facility in Portland with high employee satisfaction and retention rate. Although it has strong financial position as off today, Charles has been dealing with various problems regarding production, supply chain management and product design. The current president, Steve Parkland has the job to double or triple the size of the company, and for doing that he will also have to review sales and marketing, IT and human resources strategy to continue the healthy financial position of Charles and accelerate the sluggish growth rate in future. After the case study, we are expecting Jim to make recommendations about resolving the ongoing operational limitations, revitalizing marketing and sales, and probable expansion possibilities. Jim will also make decisions about finding the right successor for Charles and solving some HR issues.

'How do the main functional areas of a business interact and contribute to its effective management?'

The process flow chart suggests that the process design of Cadbury World is product-based layout. It is because the equipments are arranged in a logical sequence and the customers pass from one operation to another in a logical sequence. Hence, the operation is very repeatable and predictable.

Coco-Cola Company’s had concerns with the effectiveness of their human resource strategy. The first is their human resources obtaining their corporate strategy objectives. Coco-Cola evaluates the impact of their human resource managers ' capabilities on human resource management effectiveness, also the impact on corporate strategy. Their effectiveness is associated with capabilities and attributes of the staff. Effectiveness and productivity, cash flow, and market value has a relationship with human resource. Coco-Cola also had to address the issue of maintaining their workforce. They must create a culture so that employees are not fleeing the company and stay with them (The Human Resource Issues Faced By Coca Cola, 2015).

Analysis of Human Resource Management The report starts with the introduction to Human Resource Management (HRM) and the role it has to play within an organisation followed by brief introduction of the chosen organisation for the discussion-McDonald’s Restaurants Ltd. Also, it gives the reasons why this organisation has been chosen. The report presents the key strategic issues and corporate strategy of McDonald’s.

The relationship between different organisational functions and how they link to organisational objectives and structure.