Manufacturing

What is Manufacturing? Manufacturing is the making of goods by hand or by machine that upon completion the firm sells to a customer. Items used in manufacture may be raw materials or component parts of a larger product. The manufacturing usually happens on a massive...

Overhead Costs

Which are Overhead Costs? Overhead costs, often referred to as overhead or operating costs, refer to those expenses related to running a company which can’t be linked to producing or developing a product or service. They are the expenses that the company incurs to stay...

API (Application Programming Interface)

API (Application Programming Interface) API (Application Programming Interface): In common terms, API can be described as a set of clearly determined communication methods among different components. API consists of communication protocols, tools, and subroutine definitions, required for a structure of this program. In the payments...