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2.5.3 Different functional areas within a business

Syllabus
2026
Objective
2.5.3
Level

2.5.3 Different functional areas within a business

The different functional areas within a business:

  • human resources – workforce planning, recruitment and selection, training, health and safety, staff welfare, employment issues, industrial relations, disciplinary and grievance procedure, dismissal, unfair dismissal and redundancy
  • finance – wages/salaries, cash-flow forecasting, budgets and accounting
  • marketing – market research, product planning, pricing, sales promotion, advertising, customer service, public relations, packaging and distribution
  • production – manufacturing the product, designing new products, quality control and stock control.
ConceptIGCSE Business Studies