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Business Functions (Finance (Break even analysis (Total contribution…
Business Functions
Finance
Final accounts
Break even analysis
Total contribution versus contribution per unit.
Break-even quantity/point
Margin of safety
Target profit output
Target price
Profitability and Liquidity Ratio analysis
Costs and revenue Resources
Types of cost
Fixed
Variable
Semi variable
Direcct
Indirect
Cash Flow
The working capital cycle
Sources of Finance
role of finance for business
Internal sources of finance
external sources of finance
Short, medium and long term Finance
Investment Appraisal
Marketing
Market research
Why and how organizations carry out market research
The 4 P's
Product
Price
Promotion
Place
Marketing planning
E-commerce
Features of e-commerce
The role of marketing
Marketing and its relationship with other business functions
The differences between marketing of goods and marketing of services
Market orientation versus product orientation
The difference between commercial marketing and social marketing
The importance of market share and market leadership
Human Resources
Management of Workers
Recruiting
Workforce planning