Module 3:Relationsip between the business funcitons

is the measure of how good something is compared to other similar things or a set of standards. 

is the mechanisms or methods used to measure the level of quality against the expected standards.

is the system used to control that the desired quality is met.

• Ensuring a healthy cash flow through ensuring payments are made on time.

• FINANCE

• ADMINISTRATION

• MARKETING

• GENERAL MANAGEMENT

• Products must meet customers' requirements by being safe, reliable and durable.

• FINANCE

• PRODUCTION

• MARKETING

• PUBLIC RELATIONS

• Implement and maintain stock control systems to ensure the security of stock.

• PRODUCTION

• MARKETING

• ADMINISTRATION

• PURCHASING

• Set direction and establish priorities for their business.

• ADMINISTRATION

• PURCHASING

• GENERAL MANAGEMENT

• PUBLIC RELATIONS

Administration function gathers, processes and stores data related to stock and sales.

• PRODUCTION

• PURCHASING

• MARKETING

• PUBLIC RELATIONS

Processes the payments of wages and salaries.

• ADMINISTRATION

• HUMAN RESOURCE

• MARKETING

• PURCHASING

• In a small business, the owner may take on the responsibility for all of the functions.

• TRUE

• FALSE