As for office management software, Microsoft Office Small Business--with its suite of tools such as Word, Excel, PowerPoint and Outlook--is still the standard.

FORBES: Magazine Article

The MS Office suite entails productivity software applications like Word, Excel, PowerPoint, Outlook and Access.

FORBES: Microsoft Stock Has Upside To $28 But Office Franchise Is A Drag

Along with these broader features, there are significant changes to Office 365's programs, which include Word, PowerPoint, Excel, Outlook, OneNote, Publisher and Access.

WSJ: Review of Office 365: A Fresh New Office Finds a Place in the Cloud

Ken Mehlman, White House political director, and Karl Rove, Bush's chief political adviser, used the Powerpoint presentation in a talk to California Republicans about the outlook for the GOP in House and Senate races in November.

CNN: White House defends Rove political presentation

The basic, Office 365 Home Premium subscription package also comes with PowerPoint for presentations, OneNote for note-taking, Outlook for e-mail, Publisher for desktop publishing and Access for databases.

NPR: Review: Microsoft Office Pricey, But Good Value