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

Question

The marketing function The financial function; 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: This function is responsible for sourcing materials and products needed for the clothing business. Task: Research and negotiate with suppliers to secure quality materials at competitive prices.

2. The manufacturing function: This function is responsible for the production process of creating the clothing products. Task: Oversee production schedules, ensure quality control, and manage inventory levels to meet demand.

3. The marketing function: This function is responsible for promoting the clothing brand and reaching target customers. Task: Develop and implement marketing strategies, including social media campaigns, collaborations with influencers, and advertising campaigns.

4. The financial function: This function is responsible for managing the financial aspect of the clothing business, including budgeting, forecasting, and financial reporting. Task: Monitor cash flow, analyze financial performance, and create budget projections.

5. The human resource function: This function is responsible for managing the employees of the clothing business, including recruitment, training, and performance management. Task: Recruit new employees, conduct performance reviews, and oversee employee training and development.

6. The administrative function: This function is responsible for overseeing the day-to-day operations of the clothing business, including managing administrative tasks and providing support to other functions. Task: Coordinate meetings, manage office supplies, and handle correspondence.

7. The public relations function: This function is responsible for maintaining positive relationships with the public, media, and other stakeholders. Task: Develop PR strategies, write press releases, and respond to inquiries from the media and customers.