Explain the underlying principles of successful businesses.

• Organizational Structure and Goals
• Overview

Prepare a 4–5-page white paper in which you explain how three selected functional areas are essential for an organization’s success and recommend the type of organizational structure best suited for the functional areas.

The functional areas within a business or organization contribute to the smooth and effective running of the business. Although the number and names of the functional areas vary from organization to organization, there are five that are key in almost every organization: human resources, accounting and finance, sales and marketing, production and operations, and information technology (IT) systems.

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

• Competency 1: Explain the underlying principles of successful businesses.
  • Explain the primary purpose of functional areas of an organization.
  • Explain how the purpose of functional areas supports the organizational goals.
  • Describe the type of organizational structure best suited for functional areas.
• Competency 5: Communicate in a manner that is scholarly, professional, and consistent with expectations for the field of business.
  • Organize content so ideas flow logically with smooth transitions.