AE110 Notes
AE110 Notes
Materials
FUNCTIONAL AREAS WITHIN BUSINESS
MARKETING AND SALES
Both are concerned with customer needs.
MARKET RESEARCH
SALES
PROMOTION
CUSTOMER SERVICE
Concerned with customer relationships
Activities include:
Providing Delivering goods
information Providing after-
Giving advice sales service
DELIVERING KEY FUNCTIONS Providing credit
In a small business, will be done by facilities
individuals RESEARCH AND DEVELOPMENT
In a medium/large business, will be done Concerned with developing new
by individuals working in functional areas goods/services
or departments and updating old ones
Activities include:
LINKS BETWEEN FUNCTIONS Technological Design features
All functional areas must link together developments Performance of
to achieve the overall aims and objectives Scientific research product
This means cooperation and good
communications THE USE OF IT
Relates to all functional areas:
HUMAN RESOURCES Electronic External
Main responsibilities of the human resources communications (eg communications (eg
Recruitment, retention and dismissal email) Internet)
Working conditions Data sharing (eg Online support for
Training, development and promotion databases) customers (eg order
Employee organizations and unions Security systems tracking)
Health and safety (eg virus protection) Electronic
Includes the legal rights and responsibilities transactions (eg
of EFT)
employer and employees
FUNCTIONAL VARIATIONS
FINANCE No two businesses are the same!
Concerned with money and future plans Functions will vary because of:
Preparing accounts, eg invoices, Size and scale of Size and scale of
management business business
accounts, financial accounts for shareholders Activities of Activities of
and Inland Revenue business business
Preparing wages and salaries Type(s) of Type(s) of
Obtaining capital and resources, eg money customers customers
for Needs of Needs of
expansion or to pay for resources such as customers customers
equipment and materials. Preferences of
owner(s)
ADMINISTRATION AND IT SUPPORT
The role of administration and ICT function INVESTIGATING FUNCTIONAL AREAS
Clerical work, eg. Mail, record keeping Identify key Identify use of IT
Health and safety functions within/between
Secustiy Find out where functions and
Support for software applications, these carried out (or customers
electronic communications and electronic by whom) Note any problem
transactions Check names of areas
Cleaning and maintenance key
areas/departments
OPERATIONS Identify links
Concerned with the main business activities between
Obtains and converts resources of the functions/areas
business
into goods/services, ie IMPACTS OF INFORMATION
TECHNOLOGY ON BUSINESS
Information technology has paved the
CLOUD COMPUTING way for
Cloud computing utilizes information various open-source software that allow
technology to capitalize on its ability to free usage of certain tools for various
provide organizations. The primary benefit of
improved agility and time and resource open-source software is its flexible
management for businesses. license. This allows modifications to the
source code. This means that you have
the facility to customize its functions
AUTOMATION OF BUSINESS PROCESSES according to your
The movement towards increased requirements.
automation
of business processes has gained traction
over the years. It improves efficiency and
increases workflow considerably.
MANAGEMENT RESOURCES
A business has a variety of resources.
These may
include financial resources, human
resources and so on. For large
organizations, managing resources
becomes quite difficult. Information
technology plays a vital role in managing
these resources effortlessly by
introducing a wide range of feasible
solutions.
OPEN-SOURCE SOFTWARE