The Key Departments Of A Business

INTRODUCTION Scholars in the field of business management have frequently debated the relative importance of rigor and relevance in business research. In fact, there are an increasing number of articles that discuss the problems associated with the lack of relevance in published business research. Relevant research “develops insights that help managers understand themselves and their organizations better” (Markides 2007, p.765). On the

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

MindTools, n.d. Blake Mouton Managerial Grid. Retrieved July 20, 2014 from http://www.mindtools.com/pages/article/newLDR_73.htm [Accessed 16 June 2012

Cooper, D., & Schindler, P. (2012). Business research methods (Twelfth ed.). New York, NY: McGraw-Hill Irwin.

In business, managers need to respond to any issues that may arise in the business. While one may be prone to do this based on past experience, the wiser choice would be to use business research to gather the information to make decisions as business research will increase the likelihood that the solution would make a positive impact. According to Business Research Methods, the definition of business research is the structured questioning which provides information by which to guide wise decisions that maximize the impact of the

IDENTIFY AND REVIEW THE RELEVANT RANGE OF OPERATIONS AND THE SPHERE OF BUSINESS ARRANGEMENTS OF THE ORGANISATION

In this course, students explore the foundation of business by reviewing topics regarding the structure and culture of the modern business environment. Additional topics include the evolution of business, the role of business ethics, communication, technology, operations, leadership, and human resources. Upon completion, students are better prepared to make informed decisions regarding their educational and professional goals.

This referencing guide has been prepared by The Business Programs Unit for use in Units of Study within The

In the process of manufacturing, packaging, marketing and other necessary business activities, businesses interact with internal and external factors which may affect the business and can be affected by the business as well. A combination of both of the factors comprises the business environment in which the business operates. The internal factors refer to the factors those function within the business organization and the business can control or facilitate them as needed. Some prominent internal factors are the working conditions, employees, employer to employee relations, organizational culture and organizational structure etc. For a British-American online chain store like ASDA, the total numbers of employees working for the organization (140,000 employees working in 500 stores) is a key internal factor. On the other hand, external recruitment are factors as such as political factors(Laws and regulation system, governmental activities and ownership module, tariffs/ Taxation and trade barriers, conflict between political parties and socio-political unrest etc.) Macroeconomic concerns (interest rate, exchange rate of currency, employment rate, unemployment rate, discretionary income, GDP, recessions, depressions, inflation etc.), microeconomic concern (market size, demand and supply diagram, distribution channel and delivery mode etc.), social and technological factors which are not in the control of the business but affect the business by their activities

Business research involves the systematic and objective process of gathering data and transforming it into useful information. The research process is not confined around a single universal methodology. Infact it differs from one research study to another depending on the purpose of the research, the industry/ sector of the client company concerned, the research method/ tools used etc. As the research process differs, researcher faces different problems and issues pertaining to the research at almost every stage of the research process.

Businesses have numerous key departments which keep the structure running appropriately and supports the business to build and embellish in all worldwide markets. This report will consider what the key departments do for the business, in addition, this report will enlighten the research procedure used and significant complications which have been encountered throughout.

Richard Knowles explains that an organization is are living systems (Knowles, 2002). The nervous system in a living entity that a body uses to help the complex connections stay in communication and functioning together (Ahmad, 2017). Just as a living entity the connections can help identify both positive and negative instances (Knowles, 2002). Knowles describes the living system as a “Web of connections” (p. 31) with each perception keeping others informed. Process Enneagram uses nine different perspectives; Identity, Intention, Issues, Relationships, Principles & Standards, The Work, Information, Learning, and Structure/Content, (p. 28). Depending on the situation, the pattern or process can include a few or all of the perspectives, (p. 31). Knowles places the emphasis on taking a more in-depth look and analyzing the patterns and processes, (p.31)

The marketing department’s main focus is on how they 're going to communicate with external people. The marketing department in the college advertises the college to their target audience also to parents to encourage them to look into the college, and to show them what the college offers. The department works hard to advertise the college in the best way possible, particularly when there are other colleges to compete with. They see what other competitors offer, so that they can offer something better than what they do, they do this by utilizing their strengths to beat them. The college its self-offers great courses to study also offers apprenticeships and higher education university courses. The marketing department needs, communicating sales promotion data because they are trying to sell themselves to the young people, to draw them to the college. They offer A Levels and that 's also another thing that attracts students to come to the college because it 's something different to what other colleges have. They also inform external people about the future developments, this could be on about expanding the business or investing money back into the college. Likewise, they come up with strategic decisions for the college; they do this by telling them their plans for the future.

According to Pearce and Robinson to group the work, methods and resources into logical parts to perform some organizational task is called Departmentation.

Business organization and the management is a complex world on its own. The hierarchies, structure and the roles of each positions of the organization has its own duties and responsibilities. The theories of Organizational management have enlightened the world with the views and roles that define the organization system as a whole. It has highlighted the methods and terms of organizing. The business entities and the players are however sufficed with many moral and ethical problems. The companies face serious problems in regard to the relationship between the players namely the shareholders, managers and also the stakeholders of the company. The company facing such issue is Gurkha Development bank Nepal. It seemed that