Functional Areas of Business and Their Activities
- Author Tariq Noor Khan
- Published July 13, 2011
- Word count 550
For many students this is not such a difficult task. For example, if you have already declared yourself an accounting major, you will probably be looking for jobs that will use the skills you’re already acquiring. For others, the tasks of narrowing down the field is more difficult because they may have a broader range of interests or be less excited about the subject they are majoring in. Much like the child in the candy store or the new patron in a Chinese restaurant, these students need to line up their own abilities against an array of choices. Let’s look at the functional areas of business and their activities as a first step in narrowing the field.
-
Finance: Students interested in finance go to work for investment banks, commercial banks, savings and loans corporations, and brokerage houses. You may find yourself, for example, in a two-year program at one of the investment banks, learning all about the business, or you may start as a teller at the local bank.
-
Accounting: Students interested in accounting go to work for public accounting firms or work as controllers or financial planners in companies. Activities in these jobs can range from reviewing financial records or balance sheets to monitoring business plans.
-
Marketing and sales: In marketing, students go to work for companies that sell consumer products, industrial products, high-technology products, or services (such as banking). Students may also work for advertising, marketing-research, and retail firms. In these fields, you could find yourself doing everything from selling a product to working on an advertising campaign.
-
Human relations/personnel: Just about every organization you can think of from the smallest to the biggest has a personnel function. Students interested in this field may end up working in employee relations, training, or benefits administration.
-
Operations Management: Students interested in operations or line management work for manufacturing, production, or distribution. You may work on anything from quality control to the coordination of integrated production systems.
-
Communication: Those who choose careers in communication work for public relations firms, corporate communications departments, and advertising agencies. In this field you may find yourself writing press releases, analyzing corporate images, or working on the company newsletter.
-
Management information systems: Students with specialized interests in MIS work for data-processing, time-sharing, and accounting firms. However, virtually all firms have MIS departments. In this field, you may work in the planning and design of computer-based systems or you may apply quantitative models to business decisions.
These are just some of fields that are based on the functional areas of the business school curriculum. Certainly, you can expand this list to include consulting, strategic planning, general management, and engineering. Whatever you list looks like, the important thing is to begin matching the attributes you gleaned from your own assessment of your abilities against the attributes one needs for a career in a particular field. For example, if Karen majored in accounting and is interested primarily in numbers, she may not want to pursue a career in personnel administration because that field requires people-management skills more than number-crunching skills.
Once you have narrowed the field, you are ready to begin looking for specific information on individual companies. Most business libraries at colleges and universities have a wealth of information and are good places to begin.
Visit at Business Solutions Management to learn and understands what’s going on in the field of business and management. Learn recent tools of business management and development like ERP software and its applications.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Cross-Border E-Commerce: Expanding Beyond Domestic Markets
- HRStreetwear: Your Go-To Custom t shirt Manufacturer
- Blending Eclectic Maximalism with Farmhouse Charm: Mogul Interior Nature-Carved Doors
- Timeless Elegance: Antique Wardrobe Armoires for Farmhouse and Coastal Interiors
- Enhancing Building Safety with Advanced Fire Shutters
- Arriving Center Stage
- The Connection Between Veganism and Holistic Wellness
- Why Should Seniors Attend Dental Checkups If They Have Full Dentures?
- How To Harness Social Media And Digital Marketing To Promote Drink Sales
- Keep Your Home Looking Smart: The Importance of Fascia and Soffit Cleaning in Rayleigh and Essex
- Why nuts and dried fruits are the perfect snack for a healthy lifestyle
- How to Avoid the Trap of Low-Quality Replica Bvlgari Bags
- The Use of Flip Flops as Footwear
- Pro Real Estate Photography in Tahoe, NV: Tips and Tricks Every Real Estate Owner and Agency Should Know
- The Charm of Coastal Farmhouse Vintage Sideboards and Kitchen Islands
- Antique Farmhouse Barn Doors in Orlando, Florida
- Irish in China — Pat McCarthy Receives Honorary Credential
- Genocide in Bangladesh: UN Reports Crimes Against Humanity by Sheikh Hasina’s Government
- Why Choosing Professional Painters and Decorators in London Can Transform Your Home
- Why are low maintenance gardens a growing trend?
- Learn Spanish in Madrid in an innovative way
- UK banks worried about impact of new DWP bill
- How to Quickly Send Money to India Without the Hassle with Safariremit
- Choosing The Right High-Security Fence: The Factors To Consider
- The Chemistry Of Cleaning: How Household Cleaners Work At A Molecular Level
- Refer-a-Friend: How to Earn Easy Rewards on a Promo Codes Website
- What to Do If You're Stuck Between Two Career Paths
- Strengthening Ireland-China Relations Through the Ireland Sino Institute
- Top 7 Business Strategies for Starting a Moving Company
- Lighting Specialists Ready to Assist You at Our Brampton Location: What Can You Expect?