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What is the difference between business function and management function?
Wiki User
∙ 10y ago
Functions of Management are
planning: planning premises; types of plan; planning process; organizing: span of control and organizational structure, line and staff functions and conflicts; centralization and decentralization; delegation; staffing: manpower planning, recruitment, selection and placemen; induction training; directing: principles of direction; coordinating, and controlling.
Wheras Business functions are Purchase,Production,Marketing,Finanace,HR,Operations.
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