Tuesday 3 January 2012

what is cxml

cXML (commerce eXtensible Markup Language) is a protocol, created by Ariba, intended for communication of business documents between procurement applications, e-commerce hubs and suppliers. cXML is based on XML and provides formal XML schemas for standard business transactions, allowing programs to modify and validate documents without prior knowledge of their form.


http://en.wikipedia.org/wiki/CXML

Collaboration means

Collaboration means working together in a joint effort. Bruner (1991) defines collaboration as follows:
    "Collaboration is a process to reach goals that cannot be achieved acting singly (or, at a minimum, cannot be reached efficiently). As a process, collaboration is a means to an end, not an end in itself. The desired end is more comprehensive and appropriate services that improve family outcomes." (p. 6)
"Collaboration includes all of the following elements: jointly developing and agreeing to a set of common goals and directions; sharing responsibility for obtaining those goals; and working together to achieve those goals, using the expertise of each collaborator.

Monday 2 January 2012

Definition of 'Acquisition'

A corporate action in which a company buys most, if not all, of the target company's ownership stakes in order to assume control of the target firm. Acquisitions are often made as part of a company's growth strategy whereby it is more beneficial to take over an existing firm's operations and niche compared to expanding on its own. Acquisitions are often paid in cash, the acquiring company's stock or a combination of both