Functional areas I |
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Stretch & challenge: What is the comparison between a small sole trader and a large company?
Information
When a business first starts up, the owner is likely to perform most, if not all the different jobs that need to be undertaken. As a business grows it is likely to take on specialist staff to take on different roles or tasks, e.g. an accountant to look after the businesses finances.
Large companies group employees into teams of people with similar skills and experience, who are employed to undertake a specific task, these teams are known as functional areas.
When a business first starts up, the owner is likely to perform most, if not all the different jobs that need to be undertaken. As a business grows it is likely to take on specialist staff to take on different roles or tasks, e.g. an accountant to look after the businesses finances.
Large companies group employees into teams of people with similar skills and experience, who are employed to undertake a specific task, these teams are known as functional areas.
Information
Organisations will all have their own ways of dividing up their staff into functional areas, common examples include:
Organisations will all have their own ways of dividing up their staff into functional areas, common examples include:
Human resources - Managing individuals who work within a business
Marketing - Identifying the needs and wants of a businesses customers
Operations - Organising the process of turning inputs into outputs (e.g. raw materials into finished goods)
Finance - Managing financial resources and reporting on financial performance
Marketing - Identifying the needs and wants of a businesses customers
Operations - Organising the process of turning inputs into outputs (e.g. raw materials into finished goods)
Finance - Managing financial resources and reporting on financial performance
Task 3
Paired task
Discuss the following scenarios with your partner to identify which functional area would be responsible and why:
Paired task
Discuss the following scenarios with your partner to identify which functional area would be responsible and why:
Plenary
What were the learning objectives and to what extent do you think you achieved them?
What were the learning objectives and to what extent do you think you achieved them?