Business functions
Download as PPT, PDF0 likes395 views
The document outlines four main business functions: operations, human resources, marketing, and finance. Operations involves organizing production and manufacturing processes. Human resources acquires and trains employees. Marketing identifies customer needs and promotes products. Finance provides financial resources, controls spending, and reports on business performance.
1 of 5
Download to read offline
More Related Content
Similar to Business functions (20)
Ad
More from College (20)
Ad
Recently uploaded (20)
Business functions
- 1. Business Functions Operations Human Resources Marketing Finance
- 2. Involves organising the production of goods and services in a business Manufacturing business: raw materials machinery production process Operations Service business: support Location and layout People and equipment
- 3. responsible for organising business’s employees acquiring right people with right skills training and motivating staff for better performance ending employment when necessary Human Resources
- 4. links business and its customers identifies what customers want and need plans products and services to satisfy customer demands promotes goods and services for business to the market Marketing
- 5. Provides financial resources to run business Controls how resources are used Provides regular reports on various aspects of business performance Finance