Operating activities are the core business functions and processes that generate revenue and expenses, reflecting a company's primary operations. They are crucial for assessing a company's financial health and operational efficiency, as they provide insight into the cash flows generated from the company's regular business activities.

Operating Activities

Operating activities

core business functions

Business processes are structured activities or tasks that produce a specific service or product for customers. They are crucial for organizational efficiency and effectiveness, enabling consistent delivery of value and facilitating continuous improvement.

Business Processes

generate revenue

Generate expenses

company's primary operations

Financial health refers to the state of one's personal financial situation, encompassing the ability to manage expenses, save for future goals, and withstand financial shocks. It is a comprehensive measure that includes income, expenditure, savings, investments, and debt management, indicating overall financial stability and security.

financial health

Operational efficiency is the ability of an organization to deliver products or services to its customers in the most cost-effective manner while ensuring high quality and optimal resource utilization. It involves streamlining processes, reducing waste, and leveraging technology to maximize productivity and profitability.

CUSTOMIZE YOUR LEARNING

CUSTOMIZE YOUR LEARNING

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