Functional Areas within a business:- examples form CarPhone Warehouse and Meningitis charity.
Extracts from this document...
Introduction
Functional Areas within a business:- Functional areas are different departments of a business. Every business either it is a small small business or big business like a Coke Company or Mobile Company it needs functional areas. Because functional areas are different departments of a business to help the business to run or to develop their business from low position to high position. In short only one person cannot control the whole business every business needs Functional Areas for different functions. Some of the Functional areas are given below. Finance: This department of a business spends money on Capital Resources like Computers, Machineries and other goods which a company needs. They are in charge of every missing stock in the business. And mostly in charge of money coming in and going out of a business. They pay wages and salaries to their Employees and they also prepare accounts and gives information of all the cash flow of a business. Administration: This department keeps records of a business, they answer phones or making calls to the other departments, they open type of letters and E-mails etc and writhe E-mails and use to forward it to customers .Sectary's make sure the business in operating efficiently. ...read more.
Middle
Carphone Warehouse. Marketing: In the Carphone Warehouse the marketing staffs have to make sure that the business is famous and well known, and they make sure that is their job for making their business is good and to make sure that Carphone Warehouse is a well known company. They are in charge to supply their products like mobiles etc and the main job of this sector is to advertising their stock. This department of Carphone Warehouse is very important because it promotes and supports the business. Finance: The finance department in carphone Warehouse work for control the money going in and out of their business. Finance staff of Carphone Warehouse record all the money earned and spent so that the senior manager of this company knows always how much profit is being made by each product of the business and how much money is currently held by the business. They prepare accounts of Carphone Warehouse and they have a budget on spending money on goods for carphone warehouse. They pay wages and salaries for the staff and employees working for carphone warehouse. ...read more.
Conclusion
Meningitis. Finance: This function is very important to Meningitis. This functional area of the meningitis is keeping the record of all the money and are responsible for spent the money on their different products. The staff works in the finance department of the Meningitis charity are incharge of all the money coming inn by the people who donates it for this charity. Then the staff of finance of Meningitis charity are responsible for spending this money of charity on different vaccines for people for doctors and to buy new type of vaccines for peoples. They also pay wages to the staff working for this charity and to doctors etc although some of staff also do voluntary. In short they keep all the records of accounts of the money inn from the charity and the money spent from the money of charity to the main function of this company. Marketing: The marketing of the meningitis and the staff of this functional area are working to make this company well known. ?? ?? ?? ?? Business studies ...read more.
This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.
Found what you're looking for?
- Start learning 29% faster today
- 150,000+ documents available
- Just £6.99 a month

Here's what a teacher thought of this essay
This assignment is very general. There is little evidence of actual research into either of the businesses or of deep thought about what they need to do their business
Marked by teacher David Salter 12/02/2012