2-business functions Flashcards

1
Q

what are the four business functions (interdependent)

A

human resource
marketing
finance and account
operations management or production

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2
Q

describe human resource

A

ensuring the appropriate people are employed to make the product or service

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3
Q

 Describe marketing

A

ensuring that the business offers a product or service that is desired by a sufficient number of people or businesses for profitable operations

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4
Q

Describe finance and account

A

ensuring the appropriate funds are made available to the product or service

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5
Q

Describe operation management or production

A

ensuring appropriate processes are used in order to make the product or service (quantity of stock methods of production etc.)

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