Functional area means how Tesco operates inside or outside the business and the different areas there are in the business

Functional area means how Tesco operates inside or outside the business and the different areas there are in the business. In Tesco there are teams of employees who have skills and expertise and work together to complete the aims and objectives of the business. They obtain raw materials from the approved supplies such as: Japan, the USA, Germany, Sweden and France and these are the main suppliers for Tesco. Then they check the packaging and storing the end product and they also arrange distribution. Functional areas of a business mean that there is a special job or role in one area of the business. The main functional areas of Tesco are:
• The finance department
The finance department takes part in many activities such as recording the business transactions and finding out if Tesco is making a profit or a loss. For example, by using a profit and loss account. The profit and loss account show whether a business has made a profit or a loss over a financial year. The picture below shows an example of a profit and loss account.