PURCHASING LOGISTICS They are responsible for This function is responsible the overall management for finding suitable suppliers In this function, raw materials of the business by and purchasing raw are converted into final performing the four basic products. materials or stock at the management activities, right time, right price and i.e. planning, organising, right quality and in the leading and control. right quantities. HUMAN RESOURCES
They are responsible for
PUBLIC RELATIONS recruiting selecting and
appointing new employees They create a good image and keeping employees of the business and INDEPENDENT happy by providing training manage relationships with FACTORS OF THE and development internal and external INTERNAL (MICRO- programmes. stakeholders. DECISION MAKING) ENVIRONMENT FINANCE MARKETING This function is responsible ADMINISTRATION They are responsible for for financing all business distributing and selling activities by ensuring that They are responsible for products and services and money is available to run collecting, storing and building profitable the business efficiently distributing business relationships with through careful financial information so that the customers. planning. Specific information can be used to responsibilities include analyse trends and to make drawing up budgets, decisions. following up on outstanding money, paying business accounts, spending the business’s money responsibly.