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Business functions play an important role in achieving the competitive advantage. In the workplace it is necessary to focus on the management of the overall functions of the business, so that growth can be achieved. This article at this point is discussed at various business functions.
Marketing has an important role in maintaining the overall relationship with the customers. The marketing function also refers to improving the brand value of the company. Nestle focuses on the marketing function as it can help to achieve a competitive advantage. The marketing function is used, in which views and actions are carried out by the company on the social media sites. The large market share is achieved by the company with the help of the marketing function (Baker, 2016). Therefore, it is considered one of the important function for the company.
The role of the financial function in the workplace is to acquire the funds for the company, and it also emphasizes the management of funds by the right planning (Gitman, Juchau and Flanagan, 2015). Nestle takes into account this function, so that the total resources of the companies can be managed, and it is also important because he helps to bring his goals and goals in the market.
Operations and production is also one of the business function, which achieves the company's profit. If there is no effective production or the operating process, it may be difficult to maintain the entire competitive advantage.
The operations also have the role of human resource activities. The focus is given on pay, training, communication and personnel procedures. It can be seen that if these activities are not considered by the company, then it can negatively affect the entire operation of the company. It is important to take into account from the organization as it can help to motivate and also provide accurate information about the overall activities of the company (Brewster, Chung and Sperling, 2016).
nestle stresses this business function by giving employees to proper in-house training so they can effectively complete the entire activities. The company also pays after the overall performance of the employees. If the overall performance of the employees is good, it can be easy for you to earn incentives. The company emphasizes the incentive policy, which also motivates the employees, to give the organizational activities their best.
All these functions work together when linked together. It can be seen that if marketing does not exist, it is not necessary to maintain the financial function and not improve the company's overall sales. Marketing the company's sales improves, which requires appropriate production and human resources in the workplace (Saraswat and Arora, 2016).So it can be concluded that these functions are to be considered by the companies so that it can be easy to achieve growth in the competitive market, and it also improves the company's overall rifit.
baker, M.J., 2016. What is marketing? In the marketing book (p. 25-42). Routedge.
Brewster, C., Chung, C. and Sparrow, S., 2016. Globalization of human resource management. Routedge.
Gitman, L.J., Juchau, R. and Flanagan, J., 2015. Principles of leadership refinancing. Pearson High Education Au.
saraswat, y. and Arora, K., 2016. Not monetary rewards in the manufacturing industry. International Journal of Research in IT and Management, 6 (5), p. .
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