areas of management responsibility

Question 1

operations

Answer 1

the business function responsible for managing the process of creating goods and services that is transforming inputs into outputs. it involves planning, organising, coordinating and controlling all the resources needed to produce the goods or services provided by a business.

Question 2

finance

Answer 2

involves the management of the monetary aspects of the business. it can include the production of budgets, the creation of purchase orders and paying suppliers, financial record keeping, banking and payroll.

Question 3

human resource management

Answer 3

responsible for coordinating all the activities involved from acquiring, retaining to terminating employees of the business. the strategies used. by the human resource area focus on improving the motivation of employees and meeting their expectations.

Question 4

sales and marketing

Answer 4

involves creating awareness of the business’s products that result in increased purchases. by customers. marketing is responsible for developing strategies, such as market research, advertising and. branding, to create an ongoing relationship between the business and its customers. sales is also about developing relationships but with an individual customer.

Question 5

technology support

Answer 5

responsible for installing and maintaining technology, as well as providing assistance to the users of technology in the business. these technologies may include mobile phones, computers, computer networks, software products or other electronics.