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Questions and Answers
What is the primary responsibility of the production department in an organization?
What is the primary responsibility of the production department in an organization?
Transforming raw materials into finished products
What is one of the key activities performed by the production department in organizing production schedules?
What is one of the key activities performed by the production department in organizing production schedules?
Quality control
What is the main function of the accounts department in an organization?
What is the main function of the accounts department in an organization?
Making and receiving payments and recording financial transactions
What is one of the key outputs produced by the accounts department at the end of the year?
What is one of the key outputs produced by the accounts department at the end of the year?
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What is one of the key tasks performed by the production department in terms of stock management?
What is one of the key tasks performed by the production department in terms of stock management?
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Study Notes
Functional Areas of Business
- Four main functional areas: marketing, production, human resources, and finance
Production Department
- Responsible for transforming raw materials into finished products
- Ensures quality control to meet required standards
- Involves:
- Input to output process
- Quality control measures
- Purchasing and storing stock
- Organizing production schedules
Finance/Accounts Department
- Responsible for making and receiving all business payments
- Records all financial transactions
- Key task: producing end-of-year financial reports
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Description
This quiz covers the four main functional areas of business: marketing, production, human resources, and finance. It explores the responsibilities of each department, including production, finance, and more.
