The Eight Business Functions (Grade 10 NSC Matric Business Studies): Flashcards
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Practise the cards
10 cards from this deck
Business functions definition
Business functions definition
Essential activities needed for a business to operate
Central coordinating function
Central coordinating function
General management
4 general management responsibilities
4 general management responsibilities
Planning, Organising, Leading, Controlling
Purchasing function role
Purchasing function role
Buying what the business needs to operate
Production function role
Production function role
Transforms raw materials into finished products/services
Marketing function role
Marketing function role
Understands customers & promotes products/services
Public relations function role
Public relations function role
Manages business reputation & positive public image
Human resources function role
Human resources function role
Attracts, develops & manages workforce
Administration function role
Administration function role
Handles information & data for the business
Financial function role
Financial function role
Manages all money matters of the business