4 business functions Flashcards

(4 cards)

1
Q

Operations

A

Operations manager consists of all the activities in which managers engage to produce a good or service and will directly affect a business’s competetive position. How to get from starting product to the final product.

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2
Q

Marketing

A

Determine the appropriate markets for the business’ product and decide on pricing, product features, promotion and channels of distribution.

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3
Q

Finance

A

Responsible for the financial requirements, budget allocation and financial record keeping.

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4
Q

Human resources

A

Are concered with the recruiting, training, employment contracts and seperation of the employees who are required to run the business successfully.

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