Topic > Functional Areas of a Company - 1996

Functional Areas of a Company Companies can achieve their corporate objectives only when the different company functions work together. There are four main functional areas in a business: MARKETING, FINANCE, HUMAN RESOURCES AND PRODUCTION, but there are other businesses like LewishamCollege that have other functional areas such as STUDENT SERVICES AND GENERAL STUDIES. All functions set their own objectives that they want to achieve in accordance with the company's objectives within a certain period of time. FINANCE DEPARTMENT The Finance Department essentially supervises and manages the financial aspect of the college. The college requires the Department of Finance to maintain current and essential records of all incoming money earned and expenses incurred by the college during an accounting season. They also prepare a full and accurate report for the Ministry of Education and the Council that provides them with funding. They perform many tasks in the college that help them achieve their business goals, such as budgeting for the college, paying bills and the vendors that supply the college. college with equipment and stationery such as pens, markers, textbooks, projectors, blackboards, etc. They provide money and financial support to other college departments such as marketing, human resources management, and student services when they need money to complete a project. For example, during the beginning of another academic year, the Marketing Department takes money from the Finance Department to make posters, billboards and prospectuses to advertise to attract more students... middle of the paper... The function of the service is to provide a supportive learning environment for students so they can feel comfortable asking questions when they need it and asking for help when they don't know how to do certain courses or assignments. The feature understands that there are many students who have difficulty asking for help when they are in class, thus creating support groups, study partners and teachers who will help students privately understand whatever topic they want to discuss. Collectively, all departments and functions work hard with certain similar objectives which are to promote the best performance and conduct of the staff in their work, guide the college to improve performance, develop the organization and develop a well-orchestrated management culture , good communication and relationships.