Business Essay

870 words - 3 pages

Running head: FUNCTIONAL AREAS OF BUSINESS PAGE \* MERGEFORMAT 1 FUNCTIONAL AREAS OF BUSINESS PAGE \* MERGEFORMAT 5
Functional Areas of BusinessFunctional Areas of BusinessManagerial roles are essential in all aspects of the functional areas of business. All managers are charged with the responsibility of making sure their business runs effectively and efficiently, regardless of what type of business they manage. ("Informal Learning," 2014) To ensure this, it is best for managers to employ all of the functional areas of business in their managerial duties.The four functional areas of business are planning, organizing, leading, and controlling. (Robbins & Coulter, 2012) These functional areas are used so managers can understand the needs of employees and help them meet those needs. Managers must acknowledge each person's expectations, preoccupations and needs. (Netke, 2013) These areas are also needed to reach an organization's goals and objectives.Planning is an imperative part of the functional areas of business. "Planning involves defining the organization's goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities. It's concerned with both ends (what) and means (how)." (Robbins & Coulter, 2012, p. 216) Planning is the glue that holds the other three functional areas together, and it is the foundation that helps the organization reach its goals. This is because planning is the preparation stage for managers that leads into the other functional areas. Managers use planning as a game plan to ensure their business runs smoothly. Without planning, managers are unable to develop strategies to overcome and difficulties that may arise. While managers cannot predict or prevent all potential problems from happening, planning allows those problems to be handled in the best way possible.Organization is the functional area of business that arranges and structures work to accomplish organizational goals. (Robbins & Coulter, 2012, p. 216) A manager's organization skills are essential because managers must establish goals for all of the employees of their organization. Managers also organize the specific details of each goal and determine when and how the goals of the organization should be obtained. Employees often rely on managers to direct them and charge them with the duties needed to reach organizational goals. Managers should assume all responsibility for the logistics that are put in place that assist each of the employees in meeting such goals. Disorganization within an organization can lead to the downfall of the entire company.Leadership is a significant quality for a manager to possess. "Leading includes motivating subordinates, directing the activities, and resolving the conflicts." (Netke, 2013) All managers should make an effort to not only lead their...

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