Most industries use abbreviations and acronyms and the business and office sector is no different. So, when you're face with an abbreviation and acronym that you don't understand use this index to help you out on a few.
ABC - application service provider
B2B - business to business
B2C - business to consumer
CAD - computer aided design
CEO - chief executive officer
CFO - chief financial officer
CIO - chief investment officer
COO - chief operating officer
CPA - cost per action
CPC - cost per click
CRM - customer relations management
CTO - chief technology officer
DOE - depending on experiment
ESOP - employee stock ownership plan
FILO - first in / last out
GAAP - generally accepted accounting principles
IPO - initial public offering
ISP - internet service provider
ITC - information communication technology
KPI - key performance indicators
LTD - limited company
MILE - maximum impact, little effort
MOOC - massive open online course
MSRP - manufacturer’s suggested retail price
NDA - non-disclosure agreement
NOI - net operating income
NRN - no reply necessary
OTC - over the counter
P & L - profit and loss
PR - public relations
QC - quality control
R & D - research and development
ROI - return on investment
RRP - recommended retail price
SEO - search engine optimization
SOHO - small office / home office
SLA - service level agreement
VAT - value added tax
VC - venture capital
VPN - virtual private network
If you can think of anymore that we haven't listed please let us know by commenting below.
