Examine various aspects of business by creating a fictional business. Use the business you created to explore how the different functions of business may affect a company.

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For this example, let’s assume we are creating a fictional company called “ABC Technologies” that specializes in developing and selling cutting-edge software solutions. ABC Technologies’ impact on the various functions in business is a complex issue.

First and foremost, marketing plays a key role as it helps to promote awareness and drive sales for the organization’s products. This includes activities such as website optimization, social media campaigns, email newsletters etc – all of which can help reach potential customers far and wide.

It is important to have sufficient funding to hire extra staff or purchase equipment. ABC Technologies, therefore, will have to manage their budgeting/expense tracker processes effectively while exploring external options like raising capital from investors or obtaining bank loans.

Operational management plays a vital role in the production of goods and services. This includes tasks like organizing transport logistics or scheduling production runs. We can streamline these processes to ensure our products arrive on time and at a lower cost.

Lastly but certainly not least is human resources which takes care of recruitment/retention efforts so company always have access to talent pool when needed plus handle any disciplinary issues should they arise.

All in all then, each function mentioned here plays an integral part in helping ABC Technologies grow sustainably into future – therefore it is essential that appropriate attention be paid across all areas if we want our business succeed.