4. Explain at least five functional areas(The purchasing function, The manufacturing function

Question

The marketing function The financial function; level 2 :The human resource function, The administrative function
The public relations function) of your clothing business(Thread lifestyle).
Include in your explanation a TASK that EACH function will be responsible for.
(15)

Answer 1

1. The purchasing function: The purchasing function in Thread lifestyle will be responsible for sourcing high-quality fabrics, trims, and materials for the clothing production. The tasks for this function include identifying reliable suppliers, negotiating competitive prices, and maintaining relationships with key vendors to ensure timely delivery of materials.

2. The manufacturing function: The manufacturing function will be responsible for overseeing the production process of the clothing items. Tasks for this function include scheduling production runs, ensuring quality control measures are in place, managing inventory levels, and optimizing production processes for efficiency.

3. The marketing function: The marketing function will be responsible for creating and implementing marketing strategies to promote the Thread lifestyle brand and drive sales. Tasks for this function include conducting market research, developing advertising campaigns, managing social media presence, and analyzing customer feedback to identify trends and opportunities.

4. The financial function: The financial function will be responsible for managing the financial aspects of the business, including budgeting, financial planning, and accounting. Tasks for this function include creating financial reports, monitoring expenses and revenue, analyzing financial data to make strategic decisions, and ensuring compliance with regulatory requirements.

5. The human resource function: The human resource function will be responsible for recruiting, training, and managing employees at Thread lifestyle. Tasks for this function include developing employee training programs, conducting performance evaluations, managing payroll and benefits, and fostering a positive work culture to promote employee engagement and retention.