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Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or service. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs.
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Extraction and analysis tool, handles corrupt and malicious PDF documents. PDFedit: GNU GPL: Yes Yes BSD Yes Software to view or edit the internal structures of PDF documents, and merge them. Pdftk: GNU GPL: Yes Yes Yes FreeBSD, Solaris Yes Command-line tools to edit and convert documents; supports filling of PDF forms with FDF/XFDF data.
Profitability is a business's ability to generate earnings compared to its costs over a certain period of time. [11] This is possibly the most important aspect of any business idea in the long term, as this is what makes a business survive in order to keep having the impact that it has.
In business economics cost breakdown analysis is a method of cost analysis, which itemizes the cost of a certain product or service into its various components, the so-called cost drivers. The cost breakdown analysis is a popular cost reduction strategy and a viable opportunity for businesses. [1] [2] [3]
Target costing is defined as "a disciplined process for determining and achieving a full-stream cost at which a proposed product with specified functionality, performance, and quality must be produced in order to generate the desired profitability at the product’s anticipated selling price over a specified period of time in the future."
Overhead costs for a business are the cost of resources used by an organization just to maintain its existence. Overhead costs are usually measured in monetary terms, but non-monetary overhead is possible in the form of time required to accomplish tasks. Examples of overhead costs include: payment of rent on the office space a business occupies
By comparison, a medium-sized business or mid-sized business has fewer than 500 employees. The European Union generally defines a small business as one that has fewer than fifty employees and either turnover or balance sheet less than €10 m. [7] but the European Commission is undertaking a review of this definition. [8]
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