Acronyms and What Do They Even Mean?

by | Aug 7, 2020 | Business | 0 comments

What does this alphabet soup of abbreviations even mean? Here’s what these abbreviations translate into:

3D – 3-dimensional
AEPS – Aadhar Enabled Payment System
AI – Artificial Intelligence
API – Application Programming Interface
AR – Augmented reality
B2BB – usiness to Business
B2C – Business to Consumer
B2E – Business to Educator
BOPIS – Buy Online Pickup In Store
CAGR – Compound Annual Growth Rate
CEO – Chief Executive Officer
COO – Chief Operating Officer
CFO – Chief Financial Officer
CPG – Consumer Product Goods
CRM – Customer Relationship Management
CRM – Customer relationship management
CMS – Content Management System (like WordPress– the CMS we use at Web321)
DIY – Do it yourself
DSN – Digital Supply Networks
FDI – Foreign Direct Investment
FMCG – Fast Moving Consumer Goods
FY – Financial Year
GDP – Gross Domestic Product
GST – Goods and Service Tax
ICYMI – In case you mentioned it
ICT – Information and Communications Technology
KPI – Key Performance Indicator
KYC – Know your CustomerLALos Angeles
MWS – Managed Web Site
NFC – Near-field technology
NLG – Natural Language processing
NPS – Net Promoter Score
P2P – Procure to Pay
PE – Private Equity
POS – Point of Sale
RFID – Radio Frequency Identification Tags
RPA – Robotic Process Automation
S2C – Source to Contract
SKU – Stock Keeping Unit
SME – Small and Medium Enterprise
SRMS – upplier Relationship Management
TL/DR – Too long, Didn’t Read
UBI – Unverisal Basic Income
UPI – Unified Payments Interface
USP – Unique Selling Proposition
VCV – enture Capital
VRV – irtual reality
WEF – World Economic Forum

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