Business Functions <ul><li>Operations </li></ul><ul><li>Human Resources </li></ul><ul><li>Marketing  </li></ul><ul><li>Fin...
<ul><li>Involves organising the production of goods and services in a business </li></ul><ul><li>Manufacturing business:  ...
<ul><li>responsible for organising business’s employees </li></ul><ul><li>acquiring right people with right skills </li></...
<ul><li>links business and its customers </li></ul><ul><li>identifies what customers want and need </li></ul><ul><li>plans...
<ul><li>Provides financial resources to run business </li></ul><ul><li>Controls how resources are used </li></ul><ul><li>P...
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Business functions

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Business functions

  1. 1. Business Functions <ul><li>Operations </li></ul><ul><li>Human Resources </li></ul><ul><li>Marketing </li></ul><ul><li>Finance </li></ul>
  2. 2. <ul><li>Involves organising the production of goods and services in a business </li></ul><ul><li>Manufacturing business: </li></ul><ul><ul><li>raw materials </li></ul></ul><ul><ul><li>machinery </li></ul></ul><ul><ul><li>production process </li></ul></ul>Operations <ul><li>Service business: </li></ul><ul><ul><li>support </li></ul></ul><ul><ul><li>Location and layout </li></ul></ul><ul><ul><li>People and equipment </li></ul></ul>
  3. 3. <ul><li>responsible for organising business’s employees </li></ul><ul><li>acquiring right people with right skills </li></ul><ul><li>training and motivating staff for better performance </li></ul><ul><li>ending employment when necessary </li></ul>Human Resources
  4. 4. <ul><li>links business and its customers </li></ul><ul><li>identifies what customers want and need </li></ul><ul><li>plans products and services to satisfy customer demands </li></ul><ul><li>promotes goods and services for business to the market </li></ul>Marketing
  5. 5. <ul><li>Provides financial resources to run business </li></ul><ul><li>Controls how resources are used </li></ul><ul><li>Provides regular reports on various aspects of business performance </li></ul>Finance

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