Management
"Terotechnology is a practice that leverages engineering, management and financial expertise to optimize installation, operations and upkeep of equipment, and the goal of this approach is to reduce the different costs incurred at the various stages of an asset's life and also to develop methods that would help in extending its life span.
Capital investment analysis is a budgeting procedure which companies and government agencies use to assess the potential profitability of a long-term investment and it's analysis assesses long-term investments, which include fixed assets like equipment, machinery or real estate. It's goal is to identify the option which can yield the highest return on invested capital.
Capital expenditures are major investments made by a company to expand its business, i.e. it's the payment with either cash or credit to purchase goods or services that are capitalized on the balance sheet. That is, it is any expenditure that is capitalized i.e., not expensed directly on a company’s income statement and is considered to be an investment by a company in expanding its business. It is important for companies to grow and maintain their business by investing in new property, plant, equipment (PP&E), products, and technology.
An operating expense is an expense a business incurs through its normal business operations and is often abbreviated as OPEX. It include rent, inventory costs, payroll, equipment, marketing, insurance, and funds allocated for research and development. "
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