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business value

   Also found in: Wikipedia 0.01 sec.
business value

The intangible value of a business,over and above the value of the land,improvements, fixtures, receivables, and cash. Intangibles may consist of goodwill, franchise value, and proprietary systems and procedures.



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The first task in assessing payback is identifying measurable business value related to the services laid out in the SLA.
Informix is aggressively driving its data engine development efforts to meet increasingly sophisticated customer requirements for solutions in two key areas championed by the company: Business process (OLTP and e-commerce) and business value (data warehousing and decision support).
By basing these imperatives on strategic directions and expressing them as actions the organization must take to achieve these objectives, management is better able to engineer business processes and to set priorities by establishing the relative business value of investments.
 
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