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Reading 7 The business functions - Coggle Diagram
Reading 7 The business functions
2- Marketing
Definition
roles
1-matching what customers.
2-customers exchanges
3- understanding consumers behave .
4- identify gaps and opportunities
5- understand customer/ market requirements
3- Accounting and finance
Types
financial accounting
management accounting
Roles
In the public sector,
In the private-sector
definition
1- Human resource management
Definition
Roles
1- people within business.
2- joins business,
3- employment contract,
4- offering skills .
5- deals with begain /ongoing/terminate employment contract,
HRM Activities
1-staffing policy and planning.
2-drawing up contracts.
3-deciding people and skills needed
4-job design – who does what and how.
5-recruitment and selection.
6-induction and socialisation.
7-performance management .
8-health and safety.
9-industrial relations.
10-training and development.
11-downsizing, redundancy, dismissal.
4-Operations management
Roles
1- producing goods/ delivering services
1-manufacturing activities:
1-2transformation process,
1-3changing inputs into outputs.
2-operations efficiently, to:
2-1 make the best use of resources,
2-2 meet requirements customers.
anfacturing and services
The Difference:
The seems:
5 -Information management
Definition
concerned
information and communications technology (ICT).
What is business information system
Resource of information management