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Note that your final mark will not be saved in the system.
7 The interdependent nature of business MatchUp
Target Level
4-5
Running Total
0
0%
Attempt
1 of 3
Click on a top box, then click on its match below. Or, drag a top box and drop it onto the correct match. Match all pairs before clicking ‘Check’.
A budget for recruitment costs
Over-optimistic sales forecasts
Independence
Operations will aim to reduce waste
Good reputation, positive press coverage
Business plan
Human resources
Marketing, finance and human resources
Human resources to recruit the marketeers
Each functional area requires the others to operate correctly so that they can all succeed
These areas of business are interdependent
The meaning of 'interdependence'
Market research is needed. Which function does the marketing department need assistance from?
Costs are increasing. Which function will support finance in working more efficiently?
What does the finance function provide to the HR function when new staff are required?
Accepting this data will affect profit for the whole business
The greater the accuracy of this, covering all functions, the less risk is encountered
A non-financial indicator of business success
Valued above financial reward by some entrepreneurs
This function will deal with necessary redundancies