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In last few decades, Businesses have diversified themselves so much. From once a barter system to now crypto currencies in trend, Business has evolved leaps and bound. So has the approach of doing business. Business is no more a mere commerce between two enterprises but has become a science and subject of study. A lot of thought and research goes into developing a good business trait and efficient business processes. Business doesn't only mean a huge company with huge machinery and a grand infrastructure, with time and technology as a business can be as compact as a website or just a mobile application. However, the one thing that creates a business is its execution! For a business to bloom and flourish, it is extremely important that its processes are optimized and function smoothly. To add value to the business processes it is important to develop a strong understanding of the business processes. There are different methods and techniques to deal with a human resource intensive business and a different approach to enhance an automated process. Since the processes are different in nature, the optimization aim and methods are different too. Before using any technique it is thus essential to first understand the types of Business Processes your line of business falls in. The business processes typically are of three types: * Primary Process ( also termed as essential process) * Support process * Management process. Primary process: The primary process is the fundamental line of business of the enterprise. It deals closely with the core values of the business and the value chain. As the name suggests, a primary process is a basic process through which the enterprise delivers services/ products to its clients. Dealing this process is very crucial as this is the fundamental process as it directly affects the deliverables to the clients. These processes form an integral part of an organization and need to be paid close attention to. The aim in optimizing this process i

Fiinovation highlights the importance of impact assessment, emphasizing its crucial role in evaluating both the tangible and intangible outcomes of CSR initiatives on beneficiaries' lives. This process enables a comprehensive understanding of the economic, social, and environmental changes brought about by the program, facilitating informed decision-making and resource allocation.

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