All of the Following Are Basic Functions of a Business

question 10

Multiple Choice

All of the following are basic functions of a business except:

• A)marketing
• B)external auditing
• C)finance
• D)human resources

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Definitions:

Identifying Problems

The process of recognizing issues that can impede progress or cause conflict within a project or organization.

Choosing Alternatives

The process of evaluating and deciding between two or more options in decision-making.

Rational Choice Decision Making

A decision-making framework based on the assumption that individuals choose the most rational and logical option that maximizes benefits while minimizing costs.

Implement

Implement refers to the process of putting plans, strategies, or tools into effect to achieve desired outcomes.