explain the function of the business organisation
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Answer:
Business functions are the activities carried out by an enterprise; they can be divided into core functions and support functions. Core business functions are activities of an enterprise yielding income: the production of final goods or services intended for the market or for third parties.
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A business organization has various functions.
These are providing goods and services to the customers and earning profits.
Explanation:
- All business organizations no matter where they are located have the major function of providing goods and services to the consumers in the country.
- A business organization is also concerned about making more profits so that they can pay their employees and retain the best employees for longer periods.
- Business organizations also play an active role in improving the economic condition of a country by bringing in more investments and producing more goods and services.
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