âRevenueâ refers to the total amount generated by a company without taking out expenses for services provided or goods sold within a particular time frame. Profit. âProfitâ is defined as âthe income minus the expenses.â It is directly related to the services provided and the goods sold.n accounting, economics, law, and real property, âprofitâ and ârevenueâ are defined with a slight difference.
IPI is an approach to teacher learning and collaboration that has improved Tennessee teachersâ evaluation scores, teacher views of the evaluation system, and student test scores.
Electronic Data Interchange (EDI) is the electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper.Business entities conducting business electronically are called trading partners. EDI software creates an electronic version of the purchase order and transmits it automatically to the supplier. 2  Supplier's order entry system receives the purchase order and updates the system immediately on receipt. 3  Supplier's order entry system creates an acknowledgment an transmits it back to confirm receipt.