Four Major Business Functions
Business FunctionsIn order for a business to operate there are four major business functions theses are:
There are processes which define how each of the functions are performed. These processes can be limited to individual function of a business such as identifying customers. But also can crosses over to more than one business functions. Such as fulfilling and order. |
Manufacturing and production |
Sales and marketing |
Human resources |
Finance and accounting |
Five basic business entities
Managing a Business and Firm Hierarchies
IT systems can support the information needs of managers in every level of business operations.
Common examples are :
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Transaction Processing Systems |
Order Fulfilment Process |
Management Information Systems
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Sage Payroll System
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Decision Support Systems
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Executive Support Systems
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