Bu si ness

Functio ns

Module 09-Basic business functions 1

 Functi ons of an
organi zatio n

Production HRM

Marketing Finance

Module 09-Basic business functions 2

 Marketing

• process of defining,
anticipating,
creating, and
fulfilling customer
needs and wants at
the right time, place,
and price
Module 09-Basic business functions 3
 Production

• involves the
transformation of
organizational
resources into
finished goods or
services

Module 09-Basic business functions 4

 Finance

• refers to funds
generation, funds
allocation, capital
structuring, and
profit supervision

Module 09-Basic business functions 5

 Human Resources

• refers to the
procurement,
development,
compensation and
labor relations of
personnel

Module 09-Basic business functions 6