Task:
He has just won £10 million on the lottery. John has decided to buy a local company (IOM Electronics Ltd) with a view to also running the company himself. The company is a well-known regional organisation with 200 employees based over two sites in Manchester and Liverpool. John is well aware of the fact that he has no understanding of many of the practical requirements and responsibilities involved in running a business. He has hired you in the role of consultant to produce a report advising him in the following areas:
1.Describe the various functional areas in business organisations.
2.Describe the types of skills needed by employees to be able to work effectively in these functional areas.
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