How Might Networks and Technology Lead to Leaner Companies

question 43

Essay

How might networks and technology lead to leaner companies?

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Definitions:

Make Deposit

The act of placing money into a financial account, such as a bank account, typically recorded in the company's cash receipts process.

Purchase Order

A document issued by a buyer to a seller with details about the purchase, including types of products, quantities, and prices, serving as a legally binding agreement prior to the transfer of goods.

Create Invoice Order

The action of generating a formal document that requests payment from customers for goods or services provided.

QuickBooks

Accounting software developed by Intuit, designed for small to medium-sized businesses to manage sales and expenses and keep track of daily transactions.