LO 2 Flashcards

(5 cards)

1
Q

What is a functional area in a business?

A

The person or team responsible for completing a specific task within a business

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2
Q

What is ‘Sales’ as a functional area of a business?

A

The team responsible for communicating with current and potential customers.

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3
Q

What is ‘Operations management’ as a functional area of a business?

A

The team responsible for transforming raw materials into finished goods

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4
Q

What is ‘Purchasing/Procurement’ as a functional area of a business?

A

The team responsible for sourcing materials for day-to-day running

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5
Q

What is an interrelationship?

A

The relationship of multiple functional areas to reach an outcome e.g sales are reliant on operations management to produce what they sell

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