Business Functions

Flashcards covering functional departments and objectives in a business.

Functional Departments

Departments within a business with clearly defined roles and responsibilities, typically found in a traditional hierarchical structure.

Marketing Department

Functional area responsible for sales and marketing activities.

Human Resources Department

Functional area responsible for personnel management.

Finance Department

Functional area responsible for managing accounts and finances.

Operations Department

Functional area responsible for production.

Functional Objectives

The goals of each of the functional departments which must be closely tied to the corporate objectives.

Cross-functional Coordination

Ensuring that the goals of different departments are consistent with the corporate objectives, so all departments work together.