There Are Four Major Business Functions: Human Resources; Manufacturing and Production;

question 5

True/False

There are four major business functions: human resources; manufacturing and production; finance and accounting; and information technology.

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Definitions:

Perspective

A particular attitude towards or way of regarding something; a point of view.

Customer

A customer is an individual or entity that purchases goods or services from another individual or entity, often for personal use.

Unmet Needs

Desires or requirements of consumers that have not been addressed or satisfied by existing products or services in the market.

Business Models

The strategic plan for how a company will generate revenue, make a profit, and sustain its operations, outlining sources of income, target customer base, products, and details of financing.