Page 26 - Demo

%u062c%u0645%u064a%u0639 %u0627%u0644%u062d%u0642%u0648%u0642 %u0645%u062d%u0641%u0648%u0638%u0629 %u0640 %u0627%u0625%u0644%u0639%u062a%u062f%u0627%u0621 %u0639%u0649%u0644 %u062d%u0642 %u0627%u0645%u0644%u0624%u0644%u0641 %u0628%u0627%u0644%u0646%u0633%u062e %u0623%u0648 %u0627%u0644%u0637%u0628%u0627%u0639%u0629 %u064a%u0639%u0631%u0636 %u0641%u0627%u0639%u0644%u0647 %u0644%u0644%u0645%u0633%u0627%u0626%u0644%u0629 %u0627%u0644%u0642%u0627%u0646%u0648%u0646%u064a%u062926Chapter TwoBusiness Definition: The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities, or they can be non-profit organizations that operate to fulfill a charitable mission or further a social cause. Businesses range in scale from sole proprietorships to international corporations and can range in size from small to large. Four basic business functions: There are four functions generally existing in all organizations. Every business, regardless of its size, must perform four functions to succeed. It must produce the product or service; market and sell the product; keep track of accounting and financial transactions; and perform basic human resources tasks, such as hiring and retaining employees. The effectiveness of these functions will determine the success of the business. %u2022 Manufacturing and production %u2022 Sales and marketing %u2022 Finance and accounting %u2022 Human resources There are processes which define how each of the functions are performed. These processes can be limited to individual functions of a business such as identifying customers. But also, can crosses over to more than one business functions. Such as fulfilling and order. Five Basic Business Entities We must also know what the five basic business entities are. These include: %u2022 Suppliers. %u2022 Customers. %u2022 Employees.