Tag: Terminology

  • Acronyms and What Do They Even Mean?

    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

We’ll take good care of your website.

Copyright © 2025 – Web321 | All Right Reserved