Functional Areas of Business Paper

FUNCTIONAL AREAS OF BUSINESS PAPER

Functional Areas of Business Paper

XXXXX

MGT/521

June 8, 2015

Professor XXXX

________________

Functional Areas of Business Paper

Understanding the importance of managers in today’s corporate world is crucial for an individual with a special interest in business management practices, especially if pursuing a Masters of Business Administration. According to Robbins and Coulter (2012), managers are important for three main reasons: organizations need their skills, they get things done, and they do matter. The responsibility of a manager is to coordinate and oversee that others are doing their work so that the goals of an organization can be accomplished (Robbins and Coulter, 2012), and to “ensure business success” (University of Phoenix, 2012). The manager’s efficiency and effectiveness when leading and overseeing the tasks needed to accomplish the organization’s goals will reflect in the functional areas of business.

Functions of Management

There are four functions of management: planning, organizing, leading, and controlling. This functions approach is the most popular used today, and managers address them “regardless of the order in which these functions are performed” (Robbins and Coulter, 2012, p. 10). Managers use their leadership to influence and inspire employees, participate in strategic planning to create plans, and ensure the objectives are completed (University of Phoenix, 2012).

Manager’s Role

The management of an organization is divided into different areas, depending on the nature of the business. Although managers’ roles vary, the primary function is to coordinate that department and oversee that employee’s actions lead to accomplishing the set goals. A human resource manager oversees the “process of attracting, developing, and maintaining a talented and energetic workforce to support organizational mission, objectives, and strategies” (Schermerhorn, 2001, p. 240). A marketing manager’s role is to interest the consumer in products or good (University of Phoenix, 2012), to advertise and create an edge over competitors, and to create a good image that will sustain or bring more business to the organization. The operations manager’s role is to oversee the management process pertaining to the supply chain, such as raw materials,