| 4 Ps |
A marketing term
for; Price, Performance, Position, Promotion of
a product or service |
| AP-AR |
Accounting terms
for; Accounts Payable, Cash going out and
Accounts Receivable, Cash coming in |
| App |
Application;
generally a piece of software running to perform
a set tasks, such as accounting |
| B-2-B |
Business to
Business commerce; goods and services from
companies, such as a distributer of soft drinks
to a retailer |
| B-2-C |
Business to
Consumer commerce; goods and services from a
retailer of soft drinks to individuals |
| BAFO |
Best And Final
Offer; generally the last correspondence before
and contract is enforced |
| BRU |
Back up Restore
Utility; general an operation to backup computer
data to a different system in whole and/or
incrementally |
| CMS |
Customer Management
System; generally an application to bill,
fulfill, and contact customers |
| COGS |
Cost Of Goods Sold;
the final cost of a product, considering
material and labor in the effort |
| CPE |
Customer Premise
Equipment; a piece of equipment owned and
operated by the customer with-in his building, a
cash register |
| CRM |
Customer
Relationship Management; generally an
application to support, repair, and contact
customers |
| DB |
Data Base;
generally an application to store data about
product, customers, commission, billing, orders,
deliveries, and staff |
| EBITDA |
Earnings Before
Interest Taxes Depreciation and Amortization;
the point where investment capital NOT spent |
| EOL |
End Of Life; the
point where the product has not been
manufactured and support can no longer be
delivered |
| ERP |
Enterprise Resource
Planning; an application to run most aspects of
a manufacturing or service corporation |
| Firewall |
A security term; a
device or application to prevent unwanted
inquiries into a electronic environment, the
front door |
| IPSEC |
Internet Protocol
Security; a security suite to encrypt and
authorize communication between two computer
systems |
| IT |
Information
Technology; a general term to include most
operations in a company, billing, payroll,
stock, staff, and customers |
| LAN |
Local Area Network;
a term to describe a cluster of computer system
sharing data, generally in close proximity |
| LLC |
Legal Limited
Corporation; a incorporation strategy to limit
personnel liability and allow the selling or
inheritance |
| LLP |
Legal Limited
Partnership; a incorporation strategy to limit
the number of individual in control, not
inheritable or transferable |
| MRP |
Manufacturing
Resource Planning; an application to run some
aspects of a manufacturing corporation |
| OEM |
Original Equipment
Manufacturer; the point of origin for a
manufactured product, such as automobile
replacement parts |
| OSS |
Operational System
Support; an application for the support of
systems, monitoring the modules that perform
business tasks |
| PLC |
Product Life Cycle;
a term used in Project management, where there
is a beginning, middle, and end |
| RFP |
Request for
Proposal; a document of notice of a project to
be undertaken by a supplier or vendor |
| RFQ |
Request For
Quotation; a document of notice of a project
undertaken seeking the cost to proceed |
| ROI |
Return On
Investment; generally the point in time after
launch where the cost of development is
recovered |
| Router |
A term; for a
device or application to route content across
the INTERNET, from one point to another point |
| SBA |
Small Business
Administration; a branch of the federal
government, it guarantees a commercial loan for
starting a business |
| SCM |
Supply Chain
Management; an application to track material to
be delivered from raw material to a finished
sub-assembly |
| S-Corp |
An incorporation
strategy; sometime effective for a small
business operator |
| Server |
A term; generally a
computer system set-up to provide a specific
application, such as a Data Base or Internet
e-mail |
| SME |
Small to Medium
Enterprise; companies with < $1 Million
evaluation and
$500K < Revenue < $5 Million |
| SOHO |
Small Office Home
Office; single or a few individuals operating a
business, such as a real-estate office. |
| SSL |
Secure Socket
Layer; a security protocol for Browser Based WEB
commerce, such as Amazon.com |
| Switch |
A term, generally
an appliance to isolate SUB LANs in a company,
sales, procurement, manufacturing, and
development |
| WAN |
Wide Area Network;
outside the company sometimes called the cloud
or Internet |
| WEB |
A term used
interchangeably with; WWW also known as the
World Wide Web |
| WLAN |
Wireless LAN;
generally a local area network, such as found in
most mobile devices in a company |
| WWW |
World Wide Web;
also known as the WEB |
