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Which among the following functions generates revenues for an organisation by selling products and encouraging or stimulating purchases?

Which among the following functions generates revenues for an organisation by selling products and encouraging or stimulating purchases? Correct Answer Marketing

Marketing functions generate revenues for an organization by selling products and encouraging or stimulating purchases.

The marketing function helps in generating revenue for the organization as it encourages the customers to buy the products which increases sales and hence increase the revenue and overall profitability.

1. Operations in management are mainly concerned with planning, organizing, and supervising in the contexts of production, manufacturing, or the provision of services. As such, it is delivery-focused, ensuring that an organization successfully turns inputs into outputs in an efficient manner.

2. Finance represents money management and the process of acquiring needed funds by investing, borrowing, lending, budgeting, saving and forecasting

3. Human resources is the part of an organization that is in charge of finding, screening, recruiting, and training job applicants, and administering employee-benefit programs.

The student can get confused between marketing and Finance so to clarify Marketing is a significant business function that involves taking a product from manufacturing or distribution and selling products to the final consumers which help in generating revenue for the organization whereas Finance function includes raising and managing of capital funds, investment decision making and allocation of profits for reinvestment.

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