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The phrase 'functioning of companies' is correct and can be used in written English.
You can use it when describing different aspects of the operation of companies, such as the effectiveness of their organizational structures and the efficiency of their processes. For example, "In order to maximize profits, it is important to have an understanding of the functioning of companies."
Exact(1)
Professional satisfaction has been seen, in recent decades, as an important condition, if not essential, to achieve the improvement of the functioning of companies and other organizations.
Similar(59)
Another key function of companies is to lower transaction costs.
"We have now seen manufacturing jobs increase every month for the past year – a natural function of companies reacting to backlogs and ongoing forward demand.
Particularly, as they have tended to exist as peripheral activities connected to the marketing function of companies and leveraged as a means to enhance reputation.
The idea that the main function of companies is to boost shareholder value rests on a misunderstanding of the nature of the firm, he says.
Her research investigates the design function of companies focusing on Service Design, Innovation Management and Entrepreneurship.
But it's also a function of companies investing heavily into the Permian in anticipation of future production.
In a VUCA environment, where challenges range from cyber threats to international conflict, reliance on talent becomes a particularly crucial function of company resiliency.
We were less interested in the money raised in the IPO, as we viewed as a graduation point from the venture capital game and is largely a direct function of company size.
Changes to these packages "could disrupt the functioning of the companies and thereby add even greater losses on the American taxpayer," DeMarco wrote.
…Instead, the article says that Bain was prescient in identifying an emerging business trend — the movement of back-office, customer service and other functions out of companies that were willing to let third parties handle that business.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com