- State: NSW
- Uploaded By: codsta769
The following notes contain Business Studies notes for the following topics:
- Marketing.
- Operations.
- Human Resources.
- Finance.
Contact costa769@gmail.com if you have any������questions about my notes.
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[Note] 2017- Marketing, Operations, Human Resources and Finance.
3 years later
Marketing, Operations, Human Resources (HR), and Finance are four key functions that drive a business’s success.
Marketing focuses on promoting products or services, understanding customer needs, and creating strategies to drive sales. It involves market research, advertising, and building brand awareness to attract and retain customers.
Operations ensures the efficient production and delivery of products or services. It involves managing supply chains, inventory, and logistics to maintain smooth daily operations and meet customer demands.
Human Resources (HR) manages the organization's workforce. HR is responsible for recruiting, training, employee engagement, and maintaining a positive company culture. They also handle compensation, benefits, and compliance with labor laws.
Finance oversees the company’s financial health, including budgeting, forecasting, accounting, and financial reporting. Finance ensures that the company has the resources to operate, grow, and meet its financial obligations.
These functions are interdependent and must work together to ensure business efficiency and growth.