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Every Business Is Managed Through What Three Major Functions?

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Every business is basically managed through three main business functions including Production/Manufacturing function, Finance function and marketing function. In the production or manufacturing function the products and the services are designed. Finance aims to allocate the funds available to the company for their optimal use. Marketing function aims to promote the products and services and make them visible in the market. Introduction of other functions like Human resources, Information technology and public relations are relatively new.

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