This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the five basic functions that are performed in the operation of a small business. What ... (Read 68 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
on: Jul 21, 2018

Describe the five basic functions that are performed in the operation of a small
  business.


 
  What will be an ideal response?

Question 2

Discuss the different steps that are required when planning a business venture.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

debra928

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 21, 2018
Answer to Question 1

The five basic functions that are performed in the operation of a small business are the
buying function, selling function, promoting function, distribution function, and the financing function.



Answer to Question 2

The different steps that are required when planning a business venture include selecting
a product or service by analyzing potential products/services to determine the potential
demand. This is followed by organization and managements, short and long-term
planning, actuating, controlling and evaluating



tichca

  • Member
  • Posts: 554
Reply 2 on: Jul 21, 2018
Thanks for the timely response, appreciate it

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Approximately 1 pound (0.45 kg) of ground elk meat formed into patties; note the relatively small fa Approximately 1 pound (0.45 kg) of ground elk meat formed into patties; note the relatively small fa
Basic structure of the autonomic pathway Basic structure of the autonomic pathway
Brain hemispheres and their functions. Brain hemispheres and their functions.
The operation of a rotor-type oil pump. The operation of a rotor-type oil pump.
Preserve Your Vitamins! Cook your vegetables in a small amount of water Preserve Your Vitamins! Cook your vegetables in a small amount of water
Finding derivatives of Trig Functions - pt 2 Finding derivatives of Trig Functions - pt 2
Video: Inflammatory response Animation

For a complete list of videos, visit our video library