• 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 ...

    During this time many companies are growing and need more staff, this may mean there may be staff shortages as there are lots of jobs and many people are paying staff well. So M&S may find it slightly harder to ensure they have enough staff especially during busier periods such as weekends and in the run up to Christmas.

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

    Pressure groups To getaway environmental concerns To see their business as defending the environment To avoid pollution where people have disease Employers associations Raise awareness To achieve business by assisting in near future by getting more doctors To alert emergency during floods To secure their jobs through to survive and

  1. Explain the purpose of keeping accurate financial records.

    year the stock will be reflected at the most recent cost prices. Accruals This is an amount due in the accounting period which is unpaid at the end of that year. In the final accounts an accrued expense is: * Added to the expense, shown in the Trial balance, before listing it in the profit and loss.

  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. Vodafone Plc

    Once the product is made they will carry out research again weather to see if it suits peoples needs. Here the performance is being carried out well because they are producing product what people require. Also by doing this they are maximising profits and increasing market share.

  2. Introduction to J Sainsbury plc

    Judgement 8 Sainsbury's Supermarkets joined a groundbreaking partnership, between leading businesses in London, environmental groups and government to launch think about London, the Ford Motor Company's innovative sustainable mobility initiative: "The scheme will see Ford's quiet and clean Think City electric cars on London's streets a year before they become generally available to the public".

  1. external influences on a business

    If Morrisons were found doing this then they are infringing the law, so they could be sued by the employee. However, Morrisons have time until the law is established to plan how they are going to approach this new legislation.

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

    Everything Tesco?s does is rooted in two values: 1.No-one tries harder for customers and 2.Treat people how we like to be treated. In Tesco?s corporate responsibility they have a community promise called Tesco?s community promises, their values are reflected in their corporate responsibility strategy, which we call Community Promises.

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