Business functions

barneyn 386 views 5 slides Feb 22, 2012
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Business Functions
Operations
Human Resources
Marketing
Finance

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

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

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

Provides financial resources
to run business
Controls how resources are
used
Provides regular reports on
various aspects of business
performance
Finance
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