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EBME 1.01 Functions
EBME 1.01 Functions of Business
| Term | Definition |
|---|---|
| Accounting | The process of recording and reporting the financial data for a business |
| Management | The process of leading and directing all or part of an organization |
| Marketing | The process of creating, promoting, and presenting a product to the consumers |
| Information Technology | The process of developing, installing, and implementing computer information systems and applications. IT includes the support and maintenance of computer hardware and software. |
| Operations | The activities involved in the day-to-day running of a business for the purpose of producing value for the stakeholders. |
| Human Resources | The activities that deal with the hiring, firing, training, and other personnel (employee) issues. |