Strategic Importance Of Business Functions For Development And Investment

Ljiljana Vujosevic

Montenegrin Journal of Economics, 2008, vol. 4, issue 7, 141-150

Abstract: All business functions have very important role in the creation of strategic position of the company i.e. in formulation and realization of its development strategy. With their research, ideas and statements they provide information as a vital strategic contribution to longterm plan, profile of growth and development. By researching potentials and structure of the product market and material resources, capacity and location, technology, financial and human resources, these functions enable company management to evaluate atractivity of different developing i.e. investment alternatives. In this paper we put emphases on the businesss functions role and importance stresing out those that have strategic relevance for development and investment.

Date: 2008
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