A business carries out investing activities to build its productive capacity needed for its operations. Operating activities which are carried out to generate earnings include (1) procurement of raw materials and equipment and services, etc. (2) production (3) marketing (sale, distribution, etc.) (4) administration (data processing, human resources, support services, etc.) (5) research and development (R&D) for the creation / introduction of new or better products/ services, etc.
July 25, 2024
