A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations that operate to fulfill a charitable mission or further a social cause.
Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow.
Understanding the numbers is a business health check. A Business Health Check is a current, overall assessment of the critical elements of your business. ... It is a full diagnostic on the business and the results will determine how healthy or otherwise the business currently is and also highlights ways and means of bringing change or improvement to the business.
The term, sales, refers to all activities that lead to the selling of goods and services. And marketing is the process of getting people interested in the goods and services being sold. Sales is a term used to describe the activities that lead to the selling of goods or services.
Processes are all the related activities (parts) inside the system that work together to make it function. It's important that processes are effective at what they do so that the system can run efficiently. Processes are the sequence of activities intended to produce a particular result.
Staff management is the management of subordinates in an organization. ... They serve the line managers of the organization in an advisory or support capacity by providing them with information and advice. Furthermore, staff managers usually do not make operating decisions.
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