Y10 BM TB1 Business Functions ( (Marketing (Conducts market research to…
Y10 BM TB1 Business Functions
Corporate Social Responsibility
Codes of business behaviour
moral principles that influence a person's behaviour or the conducting of an activity.
A corporation's initiatives/activities to assess and take responsibility for the company's effects on environmental and social wellbeing.
Almost all large organisations publicise their CSR activity to show their contributions to a more ethical and environmentally stable society.
Manages and oversees the other functions of the business to ensure the organisation is working efficiently.
Controls stock for producing the product or service.
Determining the processes used to make the product or service.
The everyday running of the business
Conducts market research to determine the above roles.
Distributes the product or service to the appropriate locations
Packages the product or service
Decides the price of the product or service
Promotes the product or service
Promotes and sells products or services, including market research and advertising.
Finance and Accounts
Ensure payment for goods and services bought for operating the business
Keeping accurate financial records
Budgeting for other departments
Typically includes planning, organizing, auditing, accounting for and controlling its company's finances.
part of an organization that manages its money.
Recruits, trains, dismisses employees
Set salaries (with the assistance of F&A) and benefits
Ensures that appropriate people are employed
Oversees staffing within an organisation.
key areas in business that must work together in order to achieve the goals of the organisation.