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Tip of the Day

Tip of the Day Spend Less Than You Earn

Spend Less Than You Earn - To spend less than you earn, basically, means to live within your means. In other words, if you don't have the cash to...

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Work Order

Work Order -  A work order  or WO, can be defined as a received order internally or externally, for products, services, within/by the organization. Approval by all gives the go-ahead for execution of same. It is typically in writing, under-signed by the owner or representative, providing the necessary authorization to proceed and lay-out, allocate the resources to perform a task, spend the money, get the job done.  Resource-based and deliverable-based transactions, with basic terms and conditions for hiring a specific service provider, completed and put into being. Details pertaining to goods, services, products are included. Things like units, size, shape and color can occur on the WO.  Then turning to inventory and/or production/manufacturing that which is required is next. Pricing, quantity (multiple units), prices and how many are also clarified from this transaction documentation.

 

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Definition of the Day E-Commerce

E-Commerce - This is a form of sales that takes place electronically. The most common means is on the internet or also through computer networks. This type of sale has become increasingly popular over the last few years. Such means has so many benefits to both the seller and the...

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