Key Functions of a Business

Accounting

Is a system of recording and reporting financial activity and transactions.

Human Resources

Manages the personnel relations within a company; helps develop the skills and knowledge necessary to be successful while on the job.

Marketing

The process of satisfying the needs and wants of consumers through exchange

Information Technology

The use of technology to share knowledge, facts, and data to others such as co-workers, customers, and suppliers.

Operations

This function of business is considered the "back office" and involves all the behind the scenes paperwork that must be finished in order for the transactions to be completed.

Management

effectively working with people and using resources to accomplish the organization's goals.