Functional areas include specific departments in a business. These specialized departments carry out specific duties that assist the business overall. The main function areas of business are listed below:
-Human Resources: The department of HR is responsible for hiring employees in an organization.
-Marketing: In marketing, experts discover the products or services that their organizations offer to the marketplace through marketing research surveys.
-Customer Service: Customer care departments provide courtesy services to the consumers, such as accepting payments, paying checks and selling stamps
-Accounting: The major duties of an accounting professional do several duties in an organization including accounts payable, accounts receivable, and payroll
-Finance: Most businesses focus on this area because when they need loans or investment for forecasting and budgeting plans.
-Strategy: Every organization must create mission and vision statements to determine an easy way to access specific goals.
-Technology and equipment: It involves the equipment required to operate properly the business.