Terms In Professional Activity


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Terms In Professional Activity

Professional Activities means studio practice, scholarly practice, work, achievement, experience, competence and status and shall include, but not be limited to, research, the production of art, design, and published works, and the preparation of art exhibitions and design contracts.

A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession.

Business Activities: Definition and 3 Main Types


What Are Business Activities?
Business activities include any activity a business engages in for the primary purpose of making a profit. This is a general term that encompasses all the economic activities carried out by a company during the course of business. Business activities, including operating, investing, and financing activities, are ongoing and focused on creating value for shareholders.

Business activities are any events that are undertaken by a corporation for the purpose of earning a profit.

  • Business activities are any events that are undertaken by a corporation for the purpose of earning a profit.
  • Operating activities relate directly to the business providing its goods to the market, including manufacturing, distributing, marketing, and selling; they provide most of the company's cash flow and hugely influence its profitability.
  • Investing activities relate to the long-term use of cash, such as buying or selling a property or piece of equipment, or gains and losses from investments in financial markets and operating subsidiaries.
  • Financing activities include sources of cash from investors or banks, and the uses of cash paid to shareholders, such as payment of dividends or stock repurchases, and the repayment of loans.

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