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Unit 1 Buissness Enviroment
Roles and responsibilities within a business
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Cards (38)
What is the role of
Human Resources
(
HR
) in a business?
Manages
employees
Handles recruitment and training
Ensures employee welfare and motivation
How does
HR
collaborate with
Operations
?
HR works with Operations to hire and train
staff
with the right skills.
How does
Finance
collaborate with Marketing?
Finance sets the
budget
for marketing campaigns and monitors
ROI
.
What is the primary responsibility of the
Finance
department
?
Finance manages the business’s money, including budgets and expenses.
How does
Marketing
collaborate with
Sales
?
Marketing works closely with Sales to attract customers and close deals.
What is the role of
Marketing
in a business?
Promotes
products
or
services
Conducts market research
Develops
advertising
strategies
What is the role of
Operations
in a business?
Manages
production
of goods or services
Ensures
efficiency
and
quality standards
Coordinates with other departments for resources
What is the role of
Sales
in a business?
Responsible for selling products or services
Directly interacts with
customers
Aims to meet sales
targets
How does
Operations
collaborate with
HR
?
Operations needs HR to
recruit
and train workers for production.
How does
Sales
collaborate with
Customer Service
?
Sales relies on Customer Service to handle after-sales support and ensure satisfaction.
What is the role of
Customer Service
in a business?
Manages customer interactions
post-sale
Handles complaints and questions
Ensures customer satisfaction
What is the role of
IT
in a business?
Manages
technology infrastructure
Maintains
hardware
,
software
, and
data security
Supports all departments with technology needs
How does
Customer Service
collaborate with
Marketing
?
Customer Service provides feedback to Marketing to improve campaigns and products.
How does
IT
collaborate with
HR
?
IT helps set up systems for managing
employee data
and payroll.
How do
functional areas
work together during a new product launch?
Marketing
researches and creates a campaign.
Finance
approves the budget.
Operations
produces the product.
Sales
sells the product.
Customer Service
ensures customer satisfaction.
HR
recruits and trains staff.
IT
maintains necessary systems.
Why is
collaboration
among
functional areas
important in a business?
Increases efficiency by reducing
bottlenecks
Ensures
consistency
in product/service delivery
Enhances
customer satisfaction
Facilitates quick
problem-solving
Which functional area is responsible for managing employee welfare?
Human Resources
(
HR
)
Which functional area is responsible for managing the business's money?
Finance
Which
functional area
is responsible for managing customer interactions after a sale?
Customer Service
Which functional area is responsible for promoting products or services?
Marketing
Which functional area is responsible for managing technology infrastructure?
IT
(
Information Technology
)
Which functional area is responsible for selling the business's products or services?
Sales
What is the function of Research and Development (
R&D
) in businesses?
R&D focuses on
innovation
and is important for many businesses.
Which
functional area
is responsible for managing the production of goods or services?
Operations
(or Production)
What are the main functional areas mentioned in the notes?
Human Resources
,
Finance
,
Marketing
,
Operations
,
Sales
,
Customer Service
,
IT
.
How might
R&D
activities be integrated into other departments?
R&D activities might be part of
Marketing
or
Operations
, depending on the company's structure.
What is the primary responsibility of
Human Resources
(HR)?
HR is responsible for managing
employees
and ensuring
workforce
motivation.
What does the
Finance
functional area
manage?
Finance manages the business's money, budgets, and
financial planning
.
What does the
Operations
functional area
do?
Operations manages the production of goods or services and ensures quality standards.
What does
Customer Service
manage?
Customer Service manages
post-sale
interactions and handles complaints and questions.
What is the main responsibility of the
Sales
functional area
?
Sales is responsible for selling products or services and meeting sales targets.
What is the role of
IT
(
Information Technology
) in a business?
IT manages technology infrastructure, including
hardware
,
software
, and
data security
.
How do
functional areas
collaborate in a business?
**
HR
and Operations**: Hire and train staff for production.
**
Finance
and
Marketing
**: Set budgets for marketing campaigns.
**Marketing and Sales**: Attract customers and close deals.
**
Customer Service
and Marketing**: Provide feedback to improve campaigns.
**
IT
and All Departments**: Support all departments with technology.
Which two
functional areas
collaborate to ensure effective product promotion and sales?
Marketing
and
Sales
collaborate for effective product promotion and sales.
What roles do
functional areas
play in a new product launch?
**
Marketing
**: Researches customer needs and creates campaigns.
**
Finance
**: Approves budgets for marketing and production.
**
Operations
**: Produces the new product.
**
Sales
**: Sells the product to customers.
**
Customer Service
**: Ensures customer satisfaction.
**
HR
**: Recruits and trains necessary staff.
**
IT
**: Ensures all systems are running smoothly.
What is the benefit of collaboration between
Sales
and
Customer Service
?
Collaboration between Sales and Customer Service leads to increased customer satisfaction.
Why is collaboration between functional areas important in a business?
**
Efficiency
**: Reduces bottlenecks.
**
Consistency
**: Ensures everyone is on the same page.
**
Customer Satisfaction
**: Leads to a positive customer experience.
**
Problem-solving
**: Quickly addresses issues.
**
Overall Business Success
**: Each area relies on others for efficiency.
In a product recall scenario, which
functional area
is responsible for managing customer complaints?
Customer Service
is responsible for managing customer complaints during a product recall.