Manufacturing Functions

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Identify key manufacturing functions.

K64.FTU.CS2 Trương Ngọc Thanh Thảo

Viet Nam

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Fill in the Blanks Manufacturing FunctionsOnline version Identify key manufacturing functions. by K64.FTU.CS2 Trương Ngọc Thanh Thảo 1 Manufacturing companies require three basic functions : , or , and . Finance raises the capital to buy the equipment to start the business , production or operations makes the product , and marketing sells and distributes it . Operations management is crucial to service companies as well . The objectives of the production department are to produce a specific product on schedule at minimum cost , while also aiming at quality , reliability , or flexibility to adapt to changes . A decision often determines whether to develop in - house or license designs . 2 Manufacturing companies require three basic functions : , or , and . Finance raises the capital to buy the equipment to start the business , production or operations makes the product , and marketing sells and distributes it . Operations management is crucial to service companies as well . The objectives of the production department are to produce a specific product on schedule at minimum cost , while also aiming at quality , reliability , or flexibility to adapt to changes . A decision often determines whether to develop in - house or license designs .