Every business in the world has some component activities. These activities are sometimes also called business operations. The activities taking place in operating a business may include the budgeting, accounting, marketing, sales, hiring personnel and customer services. All these activities are for the sake of maximizing profitability, business growth and providing fast and soft services to make their customers convenient and comfortable (Marriott, 2013 pp. 1–24). The budget may include the allocation of funds for different activities and revenues received from the business. Continue reading...