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Key business functions

. human resources management

.financial management

.operations management

.marketing management

.information management

risk management

HUMAN RESOURCES MANAGEMENT

.human resources management ensures that a company has an adequate amount of employees with suitable skills

.human resources management the process of acquiring and training employees

appraising employees performance and providing them with compensation (e.g salary and annual leave)

every company must be able to attract ,recruit and keep competent workers

competent workers help achieve goals.

human resources planning also called manpower planning is the process of deciding , what positions a company needs to fill and how they are filled

recruitment and selection , identifies and attract capable applicants for jobs ,selects the most appropriate candidate

improves workers performance by using different methods to enhance their technical ,interpersonal and problem solving skills

performance appraisal evaluate workers performance b designing a performance appraisal system system and helps them identify ways to improve

compensation and benefits management , recruits workers with suitable skills to perform company tasks

Financial management

a firm must have sufficient funds to finance their business

financial managers are responsible for developing and carrying out money decisions

a budget is a detailed plan of income

developing and carrying out financial plans

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operations management