APT Initiatives
APT Business & Economics Resources
Minimising Workloads, Maximising Performance
Established in 1999

Special Items

Business activity

Concerns the transformation of inputs (resources) into more valuable outputs (goods and / or services) that are consumed in order to satisfy people’s needs and wants. Business activity is not just related to private profit making businesses, but also not-for-profit businesses such as charities as well as public sector organisations ie government departments and agencies. Although these organisations differ quite considerably in the goods and / or services they provide, the model outlined below is common to them all: Inputs (Resources) are Transformed (through various processes which add value) into Outputs (goods and services) that are consumed (to satisfy needs and wants).

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