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operational:

. . . concerning or identifying an instance or series of instances of productivity; an indication that something is underway as an operation, i.e., functional (in an operating state). For example, the term entrepreneurial startup refers to an operational startup.



 
 
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What is an operation?

A simple definition of operation: the state of being functional. An enterprise operation is the collective processes and sequential activities that continuously produce outcome. The outcome of enterprise operations is productivity when everything is functioning properly. It can be said that the aim of a business operation is to generate recurring income in the process of reaping value from assets in the form of profits.

What are operations?

The operations of a functioning enterprise, business or otherwise, is all of the processes and activities that make it operational. In other words, operations is an organizational term that refers to a series of interrelated acts that ultimately result in an intended accomplishment or enterprising function. The expression, computerized operations, refers to the processes and actions of a computer environment that result it its functionality.

Industrial operations are made up of manufacturing and processing. They include assembly, inventory and distribution of manufactured products or processed materials wherein there is a component of labor other than in that which is involved in transportation, warehousing, manufacturing sales and services or assembly in the retail sector.

Operations as methods of efficient, productive activity have the potential for triggering enterprise development projects. An operation successfully improving efficiency and productivity in a locale with a business climates conducive to enterprise development can become a contributor to additional community wealth as well as job creation.

Companies on the move expanding operations and entrepreneurs starting up new ventures are two types of enterprise development that lead to economic development. Likewise, the pursuit of excellence and implementation of quality initiatives are a part of the enterprise and economic development process.



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Economic Development Services, Inc. -- copyrights and all rights reserved / 02/17/2014