UNDERSTANDING BUSINESS PROCESSES, ITS PLACE AND SIGNIFICANCE IN THE ACTIVITIES OF THE ENTERPRISE Saidakbarov Khusniddin Abdusalomovich - Head of the Department of Finance and Economics of the Academy of Public Administration under the President of the Republic of Uzbekistan, PhD Abstract. In this article, as a new direction of approaches in the management system, it is supposed to control the performance of functions and strict compliance with the instructions of a higher manager by employees; in the process approach, this is not a technology for performing work (functions), but control of the final result. To make operational, tactical and strategic management decisions, the features of business processes were taken into account based on the requirements of the enterprise management. The prospects of the business process as a sphere of practical activity and scientific direction are determined. Keywords: business, analysis, business analysis, skills, entrepreneurial activity, business process, substantiation of managerial decisions, control of the International Institute of Business Analysis. https://doi.org/10.55439/ECED/vol24_iss1/a30