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Multiple Choice
Which of the following correctly identifies the three mainline functions of any business?
A
Human Resources, Information Technology, and Legal
B
Planning, Organizing, and Controlling
C
Financing, Investing, and Operating
D
Marketing, Production/Operations, and Finance/Accounting
Verified step by step guidance
1
Understand the question: The problem is asking to identify the three mainline functions of any business. These are the core activities that businesses engage in to achieve their objectives.
Review the options provided: The question lists several sets of functions, and we need to determine which set correctly represents the mainline functions of a business.
Clarify the concept: The mainline functions of a business typically include Marketing, Production/Operations, and Finance/Accounting. These functions are essential for creating value, managing resources, and ensuring financial sustainability.
Eliminate incorrect options: Human Resources, Information Technology, and Legal are support functions, not mainline functions. Planning, Organizing, and Controlling are managerial activities, not business functions. Financing, Investing, and Operating are financial activities, not the core business functions.
Select the correct answer: Based on the explanation, the correct identification of the three mainline functions of any business is Marketing, Production/Operations, and Finance/Accounting.