Functional Areas of a Business

Which phrase best describes a functional area?

• A department within a business
• A group of customers
• A supplier
• Different branches of business

Which of the following is NOT a functional area?

• Finance
• Human Resources
• Customers
• Marketing

What is the main function of the finance department?

• Deals with people working in a business
• Deals with all aspects of making a product
• Deals with all aspects of money in a business
• Deals with what customers want

What is the main function of the human resource department?

• In charge of everyday duties 
• Deals with money in the business
• In charge of making decisions about what customers want
• Deals with people working in a business

What is the main function of the marketing department?

• In charge of everyday duties 
• Deals with money in the business
• In charge of making decisions about what customers want
• Deals with people working in a business

Which of the following functional areas is responsible for motivation schemes?

• Human Resources
• Finance
• Administration
• Operations

Which of the following is a consequence of functional areas not working together?

• Business does not run efficiently
• People fall out
• Customers are happy
• Business opens new branches

One of the reasons for separating business operations into functional areas is to allow each to operate within its area of expertise, thus building efficiency and effectiveness across the business as a whole.

• True

• False

Functional areas in a business vary according to the nature of the market and the size of the business.

• True

• False

The ________________ involves planning for, obtaining, and managing a company’s funds.

• finance functional area

• administration functional area

• human resource functional area

• R&D functional area