Functions of a Business

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  • Created by: tom4dui24
  • Created on: 15-08-21 13:39
What are the 4 main functional departments?
Human Resources
Operations
Finance
Marketing
1 of 5
What does finance do?
Budgets

Spending and investments

Avoid bankruptcy

Tracks revenue, cost and profit
Pays staff
2 of 5
What does marketing do?
Advertising
Selling
Delivering to customer
Researching customer needs in once
Brand awareness
Persuade purchase
3 of 5
What does human resources do?
Recruitment and selection

Motivation of employees

Direction of the company

Firing of staff and discipline
4 of 5
What does operations do?
Managing production
Efficiency

Waste

Volume of production
5 of 5

Other cards in this set

Card 2

Front

What does finance do?

Back

Budgets

Spending and investments

Avoid bankruptcy

Tracks revenue, cost and profit
Pays staff

Card 3

Front

What does marketing do?

Back

Preview of the front of card 3

Card 4

Front

What does human resources do?

Back

Preview of the front of card 4

Card 5

Front

What does operations do?

Back

Preview of the front of card 5

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