In this assignment I will be explain the interaction of functional areas and how they relate to each other. I will also be chosen two selected business and they are Barclays bank and NHS. I will be also adding in their functional areas and their aim an

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First diploma in Business                                                        Unit 1  

M3:- Explain the interaction of functional areas and how they relate to each other in two selected business.

In this assignment I will be explain the interaction of functional areas and how they relate to each other. I will also be chosen two selected business and they are Barclay’s bank and NHS. I will be also adding in their functional areas and their aim and objectives.

Barclay’s bank is a private sector and 27 million customers and clients in more than 50 countries. In Barclays we have more than 127,000 people dedicated to a single aim: to create value for our customers and clients. We returned a profit of £4.1bn in the first half of 2007 thanks to our portfolio of businesses, which is unique in the industry, our growing international presence, and our innovatory people.

Their main purpose of Barclays bank is to be a growing, pioneering financial services business delivering, benefits to customers, members, communities through commitment to value, fairness and social responsibility

The NHS was set up in 1948 and is now the largest organization in Europe. It is recognized as one of the best health services in the world by the World Health Organization but there need to be improvements to cope with the demands of the 21st century. The NHS is changing the way it works to make sure patients always come first. This has brought about some fundamental changes in the way the NHS is structured and the way in which the different organizations within the NHS relate to each other.

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The functional areas in Barclays bank and NHS are

  • Administration,
  • Customer’s service,
  • Distribution,
  • finance,
  • Human resource,
  • It,
  • Marketing and sales
  • Research and development.

Administration

Many organisations have a central administration.

The main function of an administration department is to control paperwork and to support the other entire department, particularly by servicing their needs fo secretarial work or administration dustiest such as filling, mailing and data handing.

An administration department would have little work if there were not other parts of the organisation generating work for it.

Administration is Barclays bank ...

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