business functions Flashcards

1
Q

the purpose of business functions

A

for the 8 business functions to work together to achieve the same goal

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2
Q

meaning of general management

A

the set the overall direction or strategy of the business

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3
Q

management

A

task orientated ,uses instructional approach , guides human behaviour

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4
Q

leadership

A

people orientated ,motivational approach ,influences human behaviour

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5
Q

levels of management

A

top ,middle , low

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6
Q

what are the position of the management levels

A

top - strategic ,middle -tactical , low -operational

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7
Q

what is plocr

A

planning ,leading , organising ,controlling , risk management

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8
Q

source of finance

A

bank loans, bank overdraft , asset- based loan , grants , angel - funding ,venture capital , budgeting

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9
Q
A
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