business functions Flashcards

1
Q

Functional Departments

A

When a business has a traditional hierarchical structure, it will be typically structured by functional departments, i.e. departments with
clearly defined roles and responsibilities. Helps with: Communication and workers understanding their roles.

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2
Q

Functional Areas

A
  1. Marketing
  2. Human Resources
  3. Finance
  4. Operations
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3
Q

Functional Objectives

A

These are the goals of each of the functional
departments and, if a business is to be successful,
then these objectives must be closely tied to the
corporate objectives.

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