• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Functional Activitys

Extracts from this document...

Introduction

Functional Activities Functional activities are a very important part of creating a successful business plan, as they are the different departments within the business that make it operate effectively. Since a business plan is a tool to help achieve the business aims and objectives by creating steps to how the business is going to achieve these. Functional activities must be considered in the plan as these departments must work together in order for it to achieve its goals and how they do this must be thought about and described in the plan in order for the business plan to achieve its businesses aims and objectives. The business functions are the key part to how successful a business is. The functional activities within a business contributes to the business plan achieving the business aims and objectives as every aspect of the business must be covered in great depth. The plan is how the business is going to operate and how it intends to do this. In order for the plan to be successful each department need to be thought about in much detail separately, and how it is going to operate to its full potential. After this has been done, the plan then needs to inform the reader how it intends to work as a whole and contribute to the different departments in order for the business to be a success. ...read more.

Middle

These different functions are: Human resources, Finance, Administration, Production, Marketing and sales and Customer service. These different functions are very important to Boots. Without them the business would not survive or exist. These different departments are what make the business operate, each one is as important as the rest, if either one slipped in progress it would have dramatic effects on all the other functions. As they are all linked in some way and interact together to overall achieve the business aims and objectives. The most important factor is the functional activities being involved with each other function, so that the company can be a whole. On the one hand Boots functional activities all work to gather, to make the business operate as a whole they do this by interacting with each other. The marketing and sales function is seen as one of the most important functions within the Boots Company. The functions activities involve finding out what its customers wants and needs by doing market research and sales sells as many products as possible to its market. These functional activities have an impact the other departments, such as production. This function is told what products to make to satisfy its customer needs as well as how many to produce if orders are made. ...read more.

Conclusion

This will lead to them taking consumers away from their competitors as they offer more in their stores, so they can secure their market share and increase their sales from this. So overall be the best. Recommendations Boots functional activities are very effective in achieving their business aims as they have many strategies within them that help them attract customers to their stores. But recently the business has experienced a slight fall in sales. This could be due to prices on their products being significantly high to most other business especially their competitor. Boots dose a lot of market research within its marketing and sales function to find out what its market wants, but in addition the company needs to consider doing more competitive research such as regular competitors SWOT analyses to find out the strengths and weaknesses that they have, such has low prices. So Boots can find strategies to compete such has special offer like BOGOF (buy on get one free). So the company can still retain their product prices but consumers get more for their money. This would overall attract more consumers and help to get the business sale figure back up, to help achieve their aims more effectively. Whether this happens depends upon how accurate and how much research the company dose. ?? ?? ?? ?? Task 4c Michaela Louise Burnett Joyce Wilson ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Structures, Objectives & External Influences section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Structures, Objectives & External Influences essays

  1. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    free range eggs, suppliers may have had to change the eggs they sell to keep M&S as a customer or lose out on one of their big customers, which may have had a huge impact on their profits. M&S is a big company and many suppliers may rely on them

  2. Interdependence in functional activities in any business organisation

    and the functional activities in Tesco PLC and Network Rail Internal structure Most large companies have departments or functions as their basis for internal structure, for example: Production, Finance, Marketing and Personnel. The head of each area is called a director.

  1. Btec National Business Level 3 Year 1 - Exploring Business Activity

    This can motivate the employees. It also enables the business to measure the progress towards to its stated aims. Clearly, the objectives of the business will influence strategies. Increasing shareholder wealth in the short term might not be the best by investing in extensive research and development with a payback many years into the future.

  2. Differentiate between strategic planning and operational planning.

    One who knows the enemy and knows himself will not be endangered in a hundred engagements. One who does not know the enemy but knows himself will sometimes be victorious, sometimes meet with defeat. One who knows neither the enemy nor himself will invariably be defeated in every engagement.

  1. Departments and their roles within a business.

    The finance department will draw up many calculations and financial documents to confirm if the marketing department can proceed with the promotion or the campaign. During the production stages of the product the marketing department will also need to cross reference all their costs, activities and plans with the finance

  2. Vodafone Plc

    The performance here is being meet well as staff have there say, and the products will be at a high quality and they will sell well in the market as employees have had there say. Laissez-faire: I think this would also apply to Vodafone as they work as a team to carry out functions and tasks for e.g.

  1. Introduction to J Sainsbury plc

    Judgement 5 The information about Sainsbury's Group preliminary results include the following financial figures: "Underlying profit before tax of �695 million up to 10.8% (2002: �627 million)". (Source: www.j-sainsbury.co.uk) This statement clearly indicates that Sainsbury's Group are making a large amount of profit.

  2. Investigating Business. Tesco PLC. I will be describing the aims and objectives of ...

    Marketing activities allows Tesco to examine its business in great detail so they can further improve it and maintain their market position. It allows them to develop competitive intelligence which is a vital tool in a competitive market. Tesco is involved in many of the traditional marketing activities.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work