Functional Areas Of Business And Their Activities

For many students this isn’t such a difficult task. For example, if you have already declared yourself an accounting major, you will probably be looking for careers that use the skills youre already acquiring. For others, the tasks of narrowing down the field is more difficult because they could have a broader range of interests or be less excited about the subject these are majoring in.

For many students this isn’t such a difficult task. For instance, if you have previously announced yourself an accounting major, you will likely be looking for jobs that use the skills youre already acquiring. For others, the duties of narrowing down the field is more challenging because they may have a broader range of interests or be less excited about the subject they are majoring in. Much like the child in the candy store or the new patron in a Chinese restaurant, these students need to line up their own capabilities against an array of choices.

Lets look at the functional areas of business and their activities as an initial step in narrowing the field. 1. Finance: Students interested in financing go to work for investment banking institutions, commercial banks, loans and savings corporations, and brokerage houses. You may find yourself, for example, in a two-year program at one of the investment banks, learning all about the business, or you might start as a teller at the local standard bank.

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2. Accounting: Students interested in accounting go to work for open public accounting firms or are controllers or financial organizers in companies. Activities in these jobs can range between reviewing financial information or balance bedding to monitoring business programs. 3. Marketing and sales: In marketing, students go to work for companies that sell consumer products, commercial products, high-technology products, or services (such as banking). Students could also work to promote, marketing-research, and retail companies. In these areas, you could find yourself doing everything from selling a product to working on an advertising campaign. 4. Human relations/personnel: Almost every business you can think of from the tiniest to the biggest has a workers function.

Students interested in this field may end up working in worker relations, training, or benefits administration. 5. Operations Management: Students interested in operations or collection management work for production, creation, or distribution. You might focus on anything from quality control to the coordination of integrated production systems. 6. Communication: Those who choose professions in communication work for pr firms, corporate communications departments, and advertising agencies.

In this field you might find yourself writing pr announcements, analyzing corporate and business images, or working on the business publication. 7. Management information systems: Students with specific interests in MIS work for data-processing, time-sharing, and accounting firms. However, virtually all firms have MIS departments. With this field, you may work in the look and design of computer-based systems or you may apply quantitative models to business decisions.