Sign in to save your progress, vote, and build your own decks.Sign in
What are the 4 functions of business?
Finance, Management, Marketing, Production
What does Production do in business?
Create and manufacture the good
What does Finance manage?
Money
What is the purpose of marketing?
to promote and sell the ideas.
What is Finance?
A system of record keeping to assist preparation of financial reports.
If you wanted to go into Finance what would you need to know?
Accounting
What does Management do?
Plan,organize, and direct resources to achieve a goal.
Can a company function without Finance?
answer
If there is a drop in sales who does Finance tell?
Management
If the product is changed who will need to change advertising?
Marketing
Do the 4 functions of business have to work together for a business to work?
Yes.
Which function has to hire people?
Management
Which function develops sales and tax forms?
Finance
Which function creates the payroll
Management?
Which function creates the payroll
Management?
Which function ships the product to the stores/customers
Production
Witch function pays utility bills
Management
Witch function has to paint the product to be sold?
Production?
Which function has to order supplies?
Management
Who has to complete the weekly schedules for employees?
Management