CHECK THESE SAMPLES OF The Functional Areas of a Business and Its Business Process
Basically, a business encompasses various organizational activities such as operations or production of gods/services, human resources management, marketing and sales activities, finance and budgeting, technology and systems development, and research and development.... functional communication to management: Basically, a business encompasses various organizational activities such as operations or production of gods/services, human resources management, marketing and sales activities, finance and budgeting, technology and systems development, and research and development....
14 Pages
(3500 words)
Term Paper
The supporting processes, which are used to achieve goals, are business process improvement.... The result of a finely created business process results in value for the consumers through increases in overall effectiveness and lower costs for the business through higher efficacy.... They are: business process reengineering (BPR), also called radical business process improvement.... Both see business as a series of processes versus a functional hierarchy Managing these from a business process perspective in a functional organisation tends to end up in lesser performance rates, and these managers may stand on a business process perspective in the creation of value of the organisation....
2 Pages
(500 words)
Essay
hellip; Additionally, at the end of this analysis a report is generated that is known as a business impact analysis report.... For instance, they should determine that what applications and processes must be present for their organization to run a business?... In addition, the applications and systems that an organization uses to process sensitive information can be prioritized as:
... In addition, the solution is to collect all necessary information and build up a complete look at their critical applications and process from the company's point of view....
7 Pages
(1750 words)
Essay
While, the list of functional areas that exist within a business is extensive and also reliant upon the nature of an organization, its scale and the industry in which it operates, the primary functional areas of a business can be classified as: human resources, administration, production, finance and marketing and sales (Carysforth and Neild 2000).... An interesting observation with regards to the assessment of the functional areas of business is that each and every department is provided with a distinct purpose and direction which is much unique and different from that of the other....
3 Pages
(750 words)
Essay
Moody (2003) mentioned, "the term IT alignment is generally used in reference to the alignment of an organization's IT resources with the objectives of its business units".... However, Ortiz, Aurora Sanchez (2003) defines IT governance as "specifying the decision rights and accountability framework to encourage desirable behavior in the use of IT"After defining IT business alignment giving its elements and its relationship with IT governance, the essay will discuss the transformation of the role of IT in business in order to realize the importance and the need for IT business alignment....
25 Pages
(6250 words)
Coursework
The operation is one of the functional areas of an organization.... Therefore, the functions of operations managers vary with the major activity of a business entity.... The paper tells that there are four functions that a manager accomplishes in a business organization.... Planning involves the "ongoing process of developing the business' mission, and objectives, and how they will be accomplished.... The planning process can be used in a broad sense to take into account the whole organization....
3 Pages
(750 words)
Essay
The writer of this paper states that according to Porter (1985), the value can be defined as the amount that buyers are prepared to pay for the products or services provided by an organization.... The value chain was designed in order to display the total value.... hellip; Hence, according to figure 1 depicted below, the standard value chain of an organization comprises three fundamental elements....
19 Pages
(4750 words)
Coursework
The author of this case study entitled "business process Modeling" touches upon the challenges that companies face in handling their internal process may sometimes be overwhelming.... Technically, the method uses visual analysis and design to gain insight into the challenging process with the application of business process Model and Notation (language).... To gain a deep understanding of the nuances of the functional processes and value chain activities going on the company, a functional matrix is applied....
6 Pages
(1500 words)
Case Study