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.
2
Q
Marketing
A
Determine the appropriate markets for the business’ product and decide on pricing, product features, promotion and channels of distribution.
3
Q
Finance
A
Responsible for the financial requirements, budget allocation and financial record keeping.
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.