The Internal Functions of a Business Include

question 43

Multiple Choice

The internal functions of a business include

• A) research and development
• B) purchasing
• C) marketing
• D) servicing
• E) All of these

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Definitions:

Materials

Substances or components used in the production or manufacturing of goods.

Mathematical Scheduling

The use of mathematical models and algorithms to plan and allocate resources effectively to tasks over time, in order to optimize productivity and efficiency.

High-Tech Nerve Centre

A centralized location equipped with advanced technological and communication tools to monitor, control, and manage operations.

Rapid Rescheduling

The quick adjustment and rearrangement of production or work schedules in response to changes in demand or supply.