Answer:
1. Procurement: all the activities that go into the purchase of goods and services.
2. Marketing: presentation of goods and services to the customers with the aim of increasing sales.
3. Management: the act of controlling all the resources that go in the business in a manner to ensure that the organizational goals are met.
4. Finance is capital that is needed in business.
Explanation:
There are different aspects that ensure that a business can perform it's functions to ensure that the business goals are achieved. The four major functions of a business that will be considered are; procurement, marketing, management and finance. They are further elaborated below;
1. Procurement
Procurement can be defined as all the activities that go into the purchase of goods and services. They involve evaluating different offers from different vendors to determine the best product at an agreeable cost. most business needs resources to function. The resources can be labor or material resources. Procurement looks at ways in which these resources can be purchased with efficiency.
2. Marketing
Marketing involves the presentation of goods and services to the customers. The main aim of marketing is also to gain more customers and ultimately to increase sales. It involves the use of various marketing channels to achieve it's objective. A successful marketing strategy wins over more customers, which generally leads to more sales and profits. Since making profits is the main reason for business, a profitable marketing strategy is important for business success.
3. Management
Management is the act of controlling all the resources that go in the business in a manner to ensure that the organizational goals are met. The business resources include; human resources and material resources. When all the resources that go into a business are carefully managed, the potential of achieving organizational goals is also increased. Good management ensures business success
4. Finance
Finance is capital that is needed in business. The capital is usually monetary. Finance can be used to acquire various resources in form of salaries for laborers, raw materials and utility bills. Adequate and timely financing are needed to ensure that a business succeeds.
Answer:
news items
Explanation:
Public relations refers to the communication that the company's have with the public through media outlets, which is why they are perceived as news items. This being the case, the public sees this news item and pays attention to this alone, as opposed to other promotional communication methods such as newspapers and articles where various information is cluttered together making it difficult to focus on one thing alone.
The c. technical processes section of the project management plan describes specific methodologies a project might use and explains how to document information
Explanation:
The technical processes section of the project management plan is there to give the specific methodologies that are to be used by the firm on their work on the specific projects being worked upon.
This is done for the research methodologies and the project information which is conveyed before the beginning of the project to the technical setup who come up with the best solutions with which the project can be worked out with by the management.
Answer:
3. Looking outward by listening to customers
Explanation:
This particular role assist in retaining customers by creating new opportunities to win customer loyalty and business.
Answer:
HES stock has 110 shares and the Exxon Mobil stock has 130 shares
Explanation:
In this question, we have to assume the HES stock be X and Exxon Mobil stock be y
So, the equations would be
80X + 96Y = $20,960
64X + 80Y = $17,120
Now, we have to compute this equation by multiplying the 64 in equation 1 and 80 in equation 2
So, the updated equation would be
5,120X + 6,144Y = 1,341,440
5,120X + 6,400Y = 1,369,600
Now we have to add the subtract sign in both the equations
So,
X should be deleted and Y would be
-256Y = - 28160
So, Y = 110
Now multiply the Y value with any of the equation, to compute the X shares
So,
80X + 96Y = $20,960
80X + 96 × 110 = $20,960
80X + 10,560 = $20,960
80X = 10,400
X = 130 shares