Functions of Business Notes PDF

BLE DOU IN K CLIC O T FUNCTIONS OF INTRO TO BUSINESS BOX XT! ADD TE BUSINESS NAME: MADDIE FUNCTION EXPLANATION IMPORTANC...

BLE DOU IN K CLIC O T FUNCTIONS OF INTRO TO BUSINESS BOX XT! ADD TE BUSINESS NAME: MADDIE FUNCTION EXPLANATION IMPORTANCE EXAMPLES Recording finacial Provides information about Income tax planning, Accounting transactions in pertaining to profit and loss and liabilities. auditing the financial a business statments of companies. provided by a company to Improves your relationship Respond to customer Customer those who buy or use its with customers and other feedback quickly, have a Service products or services. companies. positve attitude and an open mind. Matters regarding Helps you budget your managing, creation, and Purchasing assets, goods Finance study of money and income and organize and raw materials. opperations investments. Human Department responsible for Keeping employees safe, Payroll, employee relations, Resources (HR) managing its employees healthy, and satisfied. hiring, and workplace safety. Position that involves the Computer programming, Information support, maintenence, Enables firms to be more testing, building, installing, Technology (IT) repair, or protection of data productive and efficient. and repairing hardware or computer systems. equipment.  O UBLE D K IN FUNCTIONS OF INTRO TO BUSINESS CLIC O T BOX XT! BUSINESS PT. 2 NAME: TE ADD FUNCTION EXPLANATION IMPORTANCE EXAMPLES The directing, planning, and It plans, organizes, Sets goals, leadership, and Management upholding of a business. coordinates and directs a goal tracking group of people Promoting and selling goods Helps create brand TV commercials, billbords, Marketing and services. awareness and drive profit and pricing. and growth. Activities and tasks Helps effectivly manage and Planning, organizing, Operations businesses use to produce supervise goods, services, coordinating, directing, and goods and serivces. and people controlling production Research & When businesses gather Can lead to innovations in knowledge to create new Development products or imporve existing your company and drives Product design and testing (R&D) economic growth products. Activitie related to selling or Helps get qulaified leads and Customer relations, hosting Sales number or goods. customers that bring you conferences, and value negotionation