8 Busines Function Flashcards

1
Q

What is the purchasing function

A

Responsible for finding the most suitable suppliers and purchasing raw materials/stock at the right time, the right price, the right quality and right quantities

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2
Q

What is the production function

A

-responsible for converting raw materials into final products

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3
Q

What is public relation function

A

-responsible for creating a favorable image of the business enterprise

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4
Q

What is the general management function

A

-responsible for the overall management of the business enterprise through performing the four basic management activities:planning, organizing, leading and control

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5
Q

What is the marketing function

A

-responsible for distributing and selling the enterprises products

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6
Q

What is human resources function

A

-responsible for recruiting selecting and appointing new employees

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7
Q

What is administration function

A

Responsible for collecting, stopping and distributing business information so that the information can be used for analyzing trends and making decisions

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8
Q

What is the financial function

A
  • responsible for financing all business efficiently through careful financial planning
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