Loading presentation...

Present Remotely

Send the link below via email or IM


Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.


Business Functions and Sectors

No description

Abirami Naidu

on 30 November 2016

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Business Functions and Sectors

Business Functions and Sectors
By: Abirami Naidu

Resources (HR)
The HR is responsible for:
Finance and
The account and finance department is responsible for:
Marketing and
Carrying out market research.
Analysing the market research.
Planning new products.
Keeping records of the sales.
Deciding upon the best marketing mix, that is the 4 p's of production- Product, Price, Promotion, and Place.
Operations Management
The operations management is responsible for:
Information Technology
The Information Technology department is responsible for:
It is also known as the extractive industry. These industries produce goods using resources in the environment.
For example:
Fishing, Mining, Forestry, and Farming.
It is also known as the manufacturing industry. These industries use the raw materials produces or extracted by the primary sector and turn them into finished goods.
For example:
Car manufacturers, and Carpenters.
It is also known as the service industry. These industries provide goods and services for consumers or businesses.
For example:
Education, Insurance, Banking, and Tourism.
Training, developing, and promoting staff.
Administering payroll and employee benefits.
Preparing job descriptions and specifications.
Planning and implementing staff training programmes.
Negotiating with workers' representatives, such as union leaders, on pay and working conditions.
Keeping staff records.
Recording all financial transactions.
Preparing accounts like invoices, financial accounts, etc...
Preparing budgets.
Analysing the profitability of the business.
Deciding the best method of finance.
Keeping control of the cash flow.
The marketing and sales department is responsible for:
Ordering stock material and other resources.
Storing and checking the stock of raw materials.
Developing and designing new products.
Deciding on production methods and machinery.
Monitoring production, budgets, and quality.
Delivery of goods and services to consumers.
Installing and maintenance of equipment and software.
Making the information available, easy accessible and secured within the organization, by studying, designing, developing, and implementing the computer-based information systems, particularly software applications and computer hardware.
Sending and receiving messages by telephone, fax, and e-mail.
Preparing documents.
Full transcript