Examlex
What are the primary components of marketing plan section in a business plan? Describe them.
Functional Approach
The functional approach is a method of organizational structure where a company is divided into departments or functions, each handling specific tasks or operations like marketing, finance, or manufacturing.
Managerial Functions
The main roles and responsibilities of managers, typically including planning, organizing, leading, and controlling organizational resources to achieve goals.
Henri Fayol
A French engineer and scholar who is famous for developing the general theory of business administration and identifying the five primary functions of management.
Discrimination
Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.
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