What are the eight business functions and their roles?

The eight business functions are management, operations, marketing, finance, human resources, accounting, research and development, and customer service. Management oversees the strategic direction and coordination of all functions. Operations focus on the production and delivery of goods and services efficiently. Marketing promotes products, finance manages funds and investments, human resources handles employee relations, accounting tracks financial transactions, research and development innovates new products, and customer service ensures customer satisfaction and support. Each function plays a vital role in achieving the overall goals of the organization.