Business Functions

Department responsible for supervising all business operation.

• Finance

• Human Resources

• Purchasing

• General Management

• The administration function is responsible for collecting data, for processing the data into meaningful and accurate ___________ and then to keep the information in a format that is easy to understand.

It is important to remember that capital is not only the money that is used to start a business, but includes capital goods such as machines and ________.

Why is it crucial for the Purchasing Department to foster strong relationships with suppliers?