Basic functions required for successful business management

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Essay Questions

Managing and Organizing Business

1. Identify and briefly describe the basic functions required for successful business management.

2. Discuss the relationship between organizational structure and business behavior, including how a mutually beneficial connection between the two is necessary to accomplish the business mission.

Operations Management

1. Explain what a supply chain management system is and how it contributes to a profitable business operation.

2. Distinguish horizontal integration from vertical integration and include an example of each. (Note: Because our textbook does not address these strategies, please use the Internet for information.)

Reference no: EM131528058

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