business function 2

Question 1

name 5 more types of business functions

Answer 1

6.PURCHASING

7. FINANCES
8. PUBLIC RELATIONS
9. PRODUCTION
10. MARKETING

Question 2

explain what each of the 5 types of business functions are

Answer 2

6.PURCHASING– Buys everything required in the business
from raw materials used in production to

stationery and tea and coffee.

7. FINANCES– Records and controls all the financial
   records of a business.
8. PUBLIC RELATIONS– Looks after the public image of the business.
9. PRODUCTION– Manages the process of changing inputs to outputs
   to ensure efficient use of
10. MARKETING – Controls advertising and sales in a business.

Question 3

name 5 Functions of purchasing:

Answer 3

1. Identify suitable suppliers.
2. Place an order and make payment.
3. Arrange delivery.
4. Deal with errors and
   discrepancies.
5. File documents.

Question 4

name 3 Roles of finance:

Answer 4

1. Keep up with changes in law
   that may affect the business
   financially.
2. Control tax affairs.
3. Manage finances.

Question 5

name 5 Functions of MARKETING

Answer 5

1. Carry out market research.
2. Research popular products.
3. Decide when & where to distribute the product.
4. Advertising: decide on the
   best medium of advertising.
5. Branding.

Question 6

name 3 Roles of PUBLIC RELATIONS

Answer 6

1. Evaluates public opinion.
2. Plan activities to sway the
   opinion of the public.
3. Build the brand and image of the business.

Question 7

name 2 other functions of production

Answer 7

1. Ensures high quality goods
   and services are produced.
2. Handling volumes to ensure
   demands are met.

Question 8

what is the difference between marketing and public relations

Answer 8

Marketing serves to
advertise products with the intention of directly
increasing sales.

Public relations builds relationships with the public ensuring loyalty.