Process for calculating the economic value created by a...

Data processing: financial – business practice – management – or co – For cost/price

Reexamination Certificate

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Reexamination Certificate

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07444307

ABSTRACT:
A business process that collects data for multiple business activities from diverse sources, and facilitates the calculation of economic value added for these specific business activities. The economic value added of a specific business activity may be calculated in a hierarchical manner, related to a product, to a customer, to a geographical region, to a market, to a market segment, or to a product application. The process requires only inexpensive desk-top computers and conventional office software connected to a common server system having a relational database.

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Robert Rachlin and Allen Sweeny, Accounting and Financial Fundamentals for NonFinancial Executives, 1996, American Management Association, 2nd Edition, pp. 43, 109, 112, 115-117.
David Young and Stephen O'Byrne, EVA and Value Based Management: A Practical Guide to Implementation, McGraw-Hill Professional, pp. 34-47.

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