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.
2
Q
Functional Areas
A
- Marketing
- Human Resources
- Finance
- Operations
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.