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1.01 Functions of Business Vocabulary

AB
AccountingThe process of recording and reporting the financial data for a business.
ManagementThe process of leading and directing all or part of an organization.
MarketingThe process of creating, promoting, and presenting a product to the consumers.
Information TechnologyThe process of developing, installing, and implementing computer information systems and applications. IT includes the support and maintenance of computer hardware and software.
OperationsThe activities involved in the day-to-day running of a business for the purpose of producing value for the stakeholders.
Human ResourcesThe activities that deal with the hiring, firing, training and other personnel (employee) issues.



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