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Tip of the Day Beware of Scams

Beware of Scams - You should always beware of scams, fraudulent practices, and these days, especially, there are plenty of them out there. Rule of thumb - if it...

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Enterprise Resource Planning

Enterprise Resource Planning – The enterprise resource planning term is related to a system that is used to organize all the various departments of some company. This is accomplished having them all utilize the same computer system. And then this network is customized with use of given software so that each department needs are satisfied by the same programs. By using this method it is hoped it will maximize possible efficiency and also optimize potential reductions in costs. And it will allow for a more advantageous cooperation between all departments. Thus giving the business a far more smooth operation that is better able to respond to its demands.

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Definition of the Day Return On Invested Capital

Return on Invested Capital - Return on Invested Capital is a non-financial measure that sets the general rule of thumb to help a company or corporation to see the progress or, lack of progress in their capital investment. The innate ability to generate a consistent cash flow coincides with the...

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