Functions of Business

What function includes hiring and training employees?

• Production

• Finance

• Marketing

• Management

What function includes all activities required to plan, coordinate, and monitor a business?

• Production

• Finance

• Marketing

• Management

What function consists of all activities that identify, anticipate, and satisfy customer demand while making a profit?

• Production

• Finance

• Marketing

• Management

What function is the process of controlling and making decisions about a business?

• Production

• Finance

• Marketing

• Management

What function includes jobs such as farming, mining, construction, and manufacturing?

• Production

• Finance

• Marketing

• Management

What function focuses on the customer?

• Production

• Finance

• Marketing

• Management

What function includes any activity related to making a product?

• Production

• Finance

• Marketing

• Management

What function includes any activity that works with money?

• Production

• Finance

• Marketing

• Management

Complete the outline with the correct term. The Six Functions of Business i. Human Resources ii. Strategy iii. Information Management iv. ______________ v. Marketing vi. Finance/Accounting

• Operations

• Customer Service

• Mission

• Vision

What is the definition of business?

• A route or plan of action designed to achieve certain organizational goals and objectives.

• A for-profit or non-profit organization involved in commercial, industrial, or professional commerce.

• Improving existing products and developing new products in order to meet customer demands

• Collecting, organizing, storing, and securing relevant data and information.