LO2: Demonstrate the interrlationship of the various functions within an
organization and how they link to organizational structure?
Answer: Functions of business organizations: A Business is a very important human activity. it plays an important role in develpment of the economic condtion of any country and uplifts the standad of living of the nation. Business activity is mostly concerned with production, distribution and exchangin goods and services with an objective of earning profit. However when we talk about the business functions within an organization then it reffers to three very basic functions which are Finance, Marketing and Production often known as operations. A