Just like your kitchen appliances have their own use(you don't generally cook a casserole by putting it in the refrigerator,) all of the Office applications serve their own purpose.
Word - This is the word processing application. Think of it like a super featured typewriter.
Outlook - This is your email program, for sending and receiving emails, and keeping track of your calendar. It can also connect to RSS feeds and other things. But email is its primary purpose.
Excel - Keeping track of data. Rows and Columns to organize your data. It can use formulas to utilize the data you input to help keep up with your data as well.
Access - Database application, can help you keep track of large amounts of data in a more searchable format. This is generally for more advanced Office Suite users.
PowerPoint - Slideshow style presentation software.
Publisher - Great for making flyers, cards, stationary, etc.
Lync - Instant Messaging and meeting software
Yes there are other Office Applications, but those are the primary ones you will see and use. These applications can and will talk with each other and utilize each others features, but that does not affect their primary use.
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