What is business interest in SAP EPM-NOV-SWP - Percipient?

SAP Term: business interest

• Component: EPM-NOV-SWP

• Component Name: Percipient

• Description: A dimension that represents a distinct area of activity within a business enterprise. This may involve the manufacture of certain products, the provision of services, or internal organization units by functions. &Example& Line of Business, Organization Unit, and Responsibility Center are business interests.

Smart SAP Assistant

• Key Concepts: 
  Business interest is a term used in SAP's Enterprise Performance Management (EPM) Novice Software Package (NOV-SWP) Percipient. It is a way of measuring the performance of a business by taking into account the interests of all stakeholders, including shareholders, customers, suppliers, and employees. It is based on the idea that a business should be managed in a way that maximizes the interests of all stakeholders. 
  
  How to use it: 
  Business interest can be used to measure the performance of a business by taking into account the interests of all stakeholders. This can be done by analyzing financial data, customer feedback, employee satisfaction surveys, and other metrics. The results can then be used to make decisions about how to improve the performance of the business. 
  
  Tips & Tricks: 
  When using business interest to measure performance, it is important to consider all stakeholders and their interests. This includes shareholders, customers, suppliers, and employees. It is also important to consider the long-term effects of decisions on all stakeholders. 
  
  Related Information: 
  Business interest is closely related to corporate social responsibility (CSR). CSR is a way of managing a business in a way that takes into account the interests of all stakeholders and has a positive impact on society. Business interest and CSR are both important concepts for businesses to consider when making decisions about how to manage their operations.