A | B |
An example of a marking function | Placing products in strategic locastions in the stores |
An example of a marketing function | Creating a banner ad for the company |
An example of human resources function | Processing new employee' payroll paperwork |
An example of human resources function | Hiring, firing, and managing the company benefits and educational opportunites for employees |
An example of management function | Ensuring that the organization meets goals and work with employees to accomplish goals |
An example of a marketing function | Preparing a new TV advertising campaign |
An example of an accounting function | Preparing an income statement |
An example of infomration technology function | Maintaining email accounts, installing software apps, and maintaining hardware |
An example of an accounting function | Collecting money from customers, paying taxes, and processing payroll checks |
An example of an accounting function | Handling the payments made by customers |
An example of a marketing function | Promoting, distributing and pricing products |
An example of an information technology function | Monitoriing computer networks |
An advantage of a franchise | Parent company provides training for support |
An advantage of a partnership | It can be started up quickly |
An advantage of a coorporation | It protects owners the most from personal financial liability |
An advantage of a sole proprietorship | Ownershave complete control of the business |
An advantage of a partnership | It has unlimited legal liability shared |
A disadvantage of a sole proprietorship | It has the most risk and rewards for an individual |
A disadvantage of a corporation | It requires a legal charter to start |
An advantage of a corporation | It can sell stock to raise money |