Difference Between the Versions of MS Office 2007
Microsoft Office Home and Student
Microsoft Office Home and Student is the basic version of Microsoft Office 2007. It contains Microsoft Word, a word processor; Microsoft PowerPoint, a presentation program; Microsoft Excel, a spreadsheet application; and Microsoft OneNote, a digital notebook.
Microsoft Office Standard
Microsoft Office Standard, unlike Home and Student, includes Microsoft Outlook, a personal information manager. It is a tool used to record, track and manage certain types of personal information such as documents, Web pages and email. But unlike Home and Student, Standard does not have OneNote.
Microsoft Small Business
Microsoft Office Small Business has the Word, PowerPoint, Excel and Outlook applications. It also has a Business Contact Manager included with Outlook.
Microsoft Office Professional
Microsoft Office Professional has the same applications as its Small Business counterpart.
Microsoft Office Ultimate
Microsoft Office Ultimate is the top-of-the-line version of the productivity suite. It has the Word, PowerPoint, Excel, OneNote and Outlook (with Business Contact Manager) applications.