business functions of a bucisness and functions of production Flashcards
What are the functions of a business
- Management
- Marketing
- Human resources
- Production
- Accounting
What is Production
Production is how you make the product, are YOU manufacturing it, etc
What is Management
Management is managing the employees and the work they do in the company
What is Accounting
How much money is the company making, where should we put the money?
Deals with the economic sides of things
What is Marketing
How should I advertise this product to make sure people know it’s there? How should I promote my products?
What are human resources
What do you need to do and know to support the employees of the company
What are the functions of production
- Quality control
- Grading
- Purchasing
- Processing
What is purchasing
Purchasing is required for a company because they mostly have to have products, so where do they get them from?
Processing
refraining of semi-finished or finished products
Quality control
Ensures product a company makes conforms to certain standards
