FUNCTIONAL AREAS OF BUSINESS Businesses are composed of different areas that work cohesively to achieve goals. The areas are often referred to as departments or functional areas. Accounting, Human Re
FUNCTIONAL AREAS OF BUSINESS Businesses are composed of different areas that work cohesively to achieve goals. The areas are often referred to as departments or functional areas. Accounting, Human Re
FUNCTIONAL AREAS OF BUSINESS
Businesses are composed of different areas that work cohesively to achieve goals. The areas are often referred to as departments or functional areas. Accounting, Human Resources, Operations, and Sales are all examples of functional areas. Every business needs the functional areas, but not every business will separate them into individual departments or functional areas. Small businesses could have one person responsible for Operations and Accounting, whereas larger business could have a leader or manager for each individual functional area.
Two of the most important functional areas of every business are Accounting and Human Resources. Human Resources can be considered many things in business today. While 30 years ago Human Resources, or HR, were simply there to hire and fire, it has become more of a strategic business