What you’ll learn to do: identify the primary functional areas within a business and describe their contribution to the organization

The decisions about how to use the factors of production to provide the goods or services of the business requires a team of people working in a variety of jobs. As businesses grow larger and their products and services become more complex, the number of functional areas within a business grows. Each functional area makes specific and valuable contributions to the organization as a whole. Think of  a business like an engine where many parts are required to make it operate properly. In this section we will explore some of the most common functional areas in a business and how each contributes to the overall success of the business.

LEARNING ACTIVITIES

The learning activities for this section include the following:

• Reading: Functional Areas of Business
• Self Check: Functional Areas

Take time to review and reflect on this activity in order to improve your performance on the assessment for this section.