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» Economics » Planning and organization » Topics begins with F » Functional area


Page modified: Friday, June 23, 2006 20:30:25

The functional area is a term of the management economics. It describes organizational structures in the costing and profit and loss calculation. The most common functional areas are

  • Production,
  • Procurement,
  • Logistics,
  • Selling,
  • Research & development,
  • Administration.

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