Business Acronyms You Should Know
- CEO – Chief Executive Officer
- CFO – Chief Financial Officer
- COO – Chief Operating Officer
- CTO – Chief Technology Officer
- CIO – Chief Information Officer
- HR – Human Resources
- PR – Public Relations
- R&D – Research and Development
- P&L – Profit and Loss
- ROI – Return on Investment
- KPI – Key Performance Indicator
- B2B – Business to Business
- B2C – Business to Consumer
- ERP – Enterprise Resource Planning
- CRM – Customer Relationship Management
- SaaS – Software as a Service
- PPC – Pay Per Click
- SEO – Search Engine Optimization
- SEM – Search Engine Marketing
- SME – Small and Medium-sized Enterprises
- SWOT – Strengths, Weaknesses, Opportunities, Threats
- USP – Unique Selling Proposition
- MVP – Minimum Viable Product
- BOM – Bill of Materials
- IPO – Initial Public Offering
- RFP – Request for Proposal
- RFQ – Request for Quotation
- EOD – End of Day
- EOM – End of Month
- ETA – Estimated Time of Arrival
- FYI – For Your Information
- TL;DR – Too Long; Didn’t Read
- FY – Fiscal Year
- Q1, Q2, Q3, Q4 – First, Second, Third, Fourth Quarter
- PDCA – Plan-Do-Check-Act
- OKR – Objectives and Key Results
- SOP – Standard Operating Procedure
- CSR – Corporate Social Responsibility
- BOM – Bill of Materials
- TQM – Total Quality Management
- JIT – Just in Time
- EBIT – Earnings Before Interest and Taxes
- EBITDA – Earnings Before Interest, Taxes, Depreciation, and Amortization
- FIFO – First In, First Out
- LIFO – Last In, First Out
- GAAP – Generally Accepted Accounting Principles
- IFRS – International Financial Reporting Standards
- VAT – Value Added Tax
- GST – Goods and Services Tax
- PST – Provincial Sales Tax
- SKU – Stock Keeping Unit
- RFID – Radio-Frequency Identification
- EPC – Electronic Product Code
- BPM – Business Process Management
- CAGR – Compound Annual Growth Rate
- SLA – Service Level Agreement
- TCO – Total Cost of Ownership
- EDI – Electronic Data Interchange
- KYC – Know Your Customer
- AML – Anti-Money Laundering
- NDA – Non-Disclosure Agreement
- MOA – Memorandum of Agreement
- MOU – Memorandum of Understanding
- LOI – Letter of Intent
- BPA – Business Process Automation
- POS – Point of Sale
- ERP – Enterprise Resource Planning
- WMS – Warehouse Management System
- MES – Manufacturing Execution System
- PLM – Product Lifecycle Management
- SCM – Supply Chain Management
- MRP – Material Requirements Planning
- FMCG – Fast-Moving Consumer Goods
- GTM – Go To Market
Business Acronyms You Should Know
- KPI – Key Performance Indicator
- NPS – Net Promoter Score
- CSAT – Customer Satisfaction
- CLV – Customer Lifetime Value
- CAC – Customer Acquisition Cost
- ROMI – Return on Marketing Investment
- COGS – Cost of Goods Sold
- BEP – Break-Even Point
- EPS – Earnings Per Share
- DCF – Discounted Cash Flow
- NAV – Net Asset Value
- PE – Price to Earnings Ratio
- IRR – Internal Rate of Return
- NPV – Net Present Value
- WACC – Weighted Average Cost of Capital
- ROA – Return on Assets
- ROE – Return on Equity
- ROCE – Return on Capital Employed
- SIS – Strategic Information System
- MIS – Management Information System
- ERP – Enterprise Resource Planning
- CPC – Cost Per Click
- CTR – Click Through Rate
- CPM – Cost Per Thousand Impressions
- CPA – Cost Per Acquisition
- CRO – Conversion Rate Optimization
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