In: Accounting
Target's internal operating process is critical aspect to be evaluated in the business as it defines the core operational activities of the business at the same time it also consider several internal and external factors of the business environment including short term and long term goals & objectives of the organization including strategic decisions made to accomplish organisation mission and vision through defined organization structure and culture.
Target's internal operating process are directly linked with the internal factors such as R&D, methods of productions, distribution channels and after sales services as the internal business factors are correlated with the performance and output level of these factor. If we outperform in the Target's internal operating processes it will directly help the organization to achieve their short and long run target's goals as they all are interconnected with the organizational core competencies and business strategy.
It helps in defining the operating model of the organization which ultimately help in achieving targets of the business value chain mentioned above as it is executed through planning of the internal operations within the business.