Question

1. A business, whether national or international, contains the following activities or functions:
1. Operations, Human Resource Management, Accounting
2. Production, Human Resource Management, Accounting, Marketing, and Research and
Development.
3. Production, Human Resources, Finance, Sales and Marketing, Research and
Development.
4. Operations, Human Resource Management, Accounting, Sales, Research and
Development​

Answer 1

Answer:

operation, human resource management, accounting

Answer 2

Answer:

Option 4 is the correct answer - Operations, Human Resource Management, Accounting, Sales, Research and

Development

Explanation:

Operations:

In the majority of firms, this entails both equipment and processes. In essence, business activities are those that produce and provide clients with goods or services. In the majority of start-up scenarios, the firm owner handles a variety of tasks, including operations. In truth, the majority of people establish firms because they are comfortable with the operations.

Human resources:

Planners frequently make the error of focusing only on the financial side of staff hire. Equally important factors to consider are the hiring process and if the people hired are the right match for the positions being filled. For instance, there is a severe labour shortage in some industries.

Accounting:

Because they require loans or investments, as well as for forecasting and budgeting purposes, most company plans focus on this topic. A business owner should always be aware of their financial health because money is the lifeblood of a company.

Sales:

Planners should properly grasp their potential clients and decide how to approach them because marketing and sales will bring in money. By planning their product or service first and then looking for a way to advertise it to an ill-defined group that is "out there," the majority of new business owners make the error of employing a "inside-out" marketing strategy.

Research and development:

To identify the business opportunity and how to take advantage of it, strategists should examine the markets and competitive landscape.