Business

The pursuit of a Master’s of Business Administration (MBA) concentrates on the development in business administration. Organizations leaders have to study the functional areas of business and find ways to communicate these information’s to managers for effective leadership. Organizations formulate their organizational structures on numerous functional areas generating subdivisions around these functional areas and delegating responsibilities as necessary. This paper focuses on the functional areas of business and the importance of managers to work in cross-sectional teams for a successful organization.

Functional Areas of Business

Small or large businesses have key functions to perform on a regular basis. It may include stock to be bought, bills to be paid, customers with questions, or other requirements that forms the functional areas of the business. Small firms may have one or two people carrying out most of these jobs. However, in large organization people with different task are specialized. Some large organizations have buyers purchasing stocks, an accounting department with staff to pay their bills and a customer service department with staff to checkout, service, and answer customers inquires. Therefore, the role of a manager within the functional areas of the business could either bring success or failure to the organization.

Functional Areas in Business Organizations

Because in a large organization, one could find people working together in departments; it is easier to recognize separate functional areas. From the list below each department tasks are carried out, as it relates to that particular area. The list shows a typical organization Functional area in business organizations to include:

 Production involves ensuring targets and quality are met as schedule

 Sales involves achieving targets goals

 Marketing involves identifying and fulfilling customers’ needs. This is achieve through the marketing mix, which consist of product, price,...