Key Functions of a Business

Ace your homework & exams now with Quizwiz!

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.


Related study sets

A Story of Courage, Bravery, Strength, and Heroism

View Set

IT195 Customer Service Skills for the Service Desk Professional - Chapter 4 - NO TRUE/FALSE

View Set

Cluster 8: Cognitive Views of Learning

View Set

Ch 37 PrepU -Urinary Elimination

View Set

Chapter 37- Management of patients with musculoskeletal trauma

View Set