Quiz 1 - 1. Major Business Functions and the information...

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1. Major Business Functions and the information systems that serve them (pg 45 – 51)… a. Sales and Marketing – i. Order processing – enters, processes, and tracks customer orders ii. Pricing analysis – establishes prices of products and services iii. Sales trend forecasting – prepares five year sales forecasts b. Manufacturing and production – i. Machine control – controls the actions and equipment ii. Production planning – chooses when and how many products should be made iii. Facilities location – chooses where to place new production facilities c. Finance and accounting i. Accounts receivable – tracks money owed to the company ii. Budgeting – Prepares short-term budgets iii. Profit planning – Plans long-term profits d. Human resources i. Training and development – tracks employees training, abilities, and performance ii. Compensation analysis – examines the range and distribution of employee wages, salaries, and benefits iii. Human resource planning – plans the long-term labor force the
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Quiz 1 - 1. Major Business Functions and the information...

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