Business function Flashcards
1
Q
What are the business functions.
A
Finance
Human resources
Marketing
operations
2
Q
Finance
A
Responsible for the financial resources, financial position and performance of the business.
3
Q
Human resources
A
Responsible for all aspects of managing the people in a business.
4
Q
Marketing
A
Understand the needs and wants of consumers,
5
Q
Operations
A
Transforming process that turns inputs into finished goods.
6
Q
stakeholder
A
is anyone with an interest or concern in a business and how it operates.
7
Q
Internal stakeholders
A
Owners
Employees
Managers
8
Q
External stakeholders
A
Consumers
Suppliers
Investors
Community (environment, …)
Government (Tax, employment, …)
