Business operations is the collective activities undertaken by an organization to maintain a viable business model and create value through goods or services. It involves planning, organizing and managing resources, processes, and systems in order to meet certain goals and objectives. Business operations involve both short-term decisions made on a day-to-day basis and long-term decisions related to strategy and innovation. Good business operations are key to success, allowing companies to maximize efficiency while ensuring they can respond quickly to changing customer demands and market conditions.