Finance: Controls costs and expenditure, Monitors money coming in and out, Pays wages and checks invoices, Forecasts trends and compares performance, Approves funding for staff training, Prepares financial statements, Calculates tax owed, Sourcing funding for new machinery, Marketing: Finds out what customers want, Researches competitors, Sets the right price for products, Encourages customers to purchase, Targets new and retains existing customers, Designs advertising campaigns, Conducts market research surveys, Choosing packaging design, Operations: Turns raw materials into finished goods, Oversees production processes, Ensures quality of products, Maintains machinery and equipment, Manages inventory levels, Orders raw materials, Scheduling staff shifts on the production line, Implementing quality checks, Human Resources: Recruitment and selection, Training staff, Staff appraisal and discipline, Ensures compliance with employment law, Decides on salary structures, Maintains staff records, Handling disputes over pay, Managing health and safety training,

Functional Areas - Responsibilities

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