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Functional Areas of Business

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List and explain the functional areas of business that must be integrated into a company's four phases of strategic management that includes thinking, planning, implementation, and feedback. What are the functional areas of a business that are critical during each phase?

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Solution Summary

A brief, general discussion of 194 words is given on the four functional areas of business.

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Administration is the functional area of business that is involved with the overall management of all of the activities within an organization. Human resources is the functional area of business that is responsible for the recruiting, hiring, training, and retaining of the staff members within a given organization. The ...

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