Which of the following is the business function that serves the purpose of providing the funds necessary for the businesses to achieve their objectives and using these funds appropriately? a) Marketing management B) accounting management NS) Accounting audit D) Financial management TO) Production management
Which of the following is the business function that serves the purpose of providing the funds necessary for the businesses to achieve their objectives and using these funds appropriately? a) Marketing management B) accounting management NS) Accounting audit D) Financial management TO) Production management
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Which of the following is the business function that serves the purpose of providing the funds necessary for the businesses to achieve their objectives and using these funds appropriately? |
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Expert Solution
Step 1
Introduction-
Business functions are the operations which are carried out by an organization for its smooth functioning and maintenance.
The Five main basic business functions of any organization are as follows-
1. Accounting Management
2. Sales and Marketing Management
3. Production Management
4. Human Resource Management and
5. Financial Management
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