Question
What are the three major business functions, and how are they related to one another? give specific examples?
Answers
The three major business functions are finance, marketing and operations.  Operations entail the production of a product or service and must manage the inputs to production such as workers' time, aluminum, and machine time to create airplane parts Finance manages the assets, such as the building used for production, investments and cash flows related to production, such as providing the needed machines.  Marketing generates sales of the product or service, such as finding customers for the proposed airplanes.   Your Comment




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