nature/elements of organisation

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E COMMERCE MODULE 01 NOTES

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MODULE 1 INTRODUCTION  📌BUSINESS OPERATIONS Business operations refer to the day-to-day activities and processes that a company undertakes to produce goods or services, generate revenue, and ensure smooth functioning Key Features of Business Operations: Production: This involves the creation of goods or services, from sourcing raw materials to the final product or service delivery.   Marketing: This encompasses activities like market analysis, product development, advertising, sales, and customer relationship management to identify and satisfy customer needs.   Finance: This area manages the company's financial resources, including accounting, budgeting, and financial reporting.   Human Resources: This involves managing employees, including recruitment, training, performance management, and compensation.   Technology: Businesses rely on technology for various operations, including inventory management, customer re...
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