Business acronyms
37 results in Business
The process or activity of running a business, organization, etc., or the group of people responsible for doing so.
Example: The new admin policies will be implemented next quarter.
Pertaining to the management or direction of an organization; often used informally to refer to routine organizational tasks.
Example: I spent the morning catching up on various admin duties.
The highest-ranking executive responsible for overall company strategy and leadership. CEOs often represent the company publicly and set long-term direction.
Example: The CEO announced the expansion plans.
A system or strategy for managing a company's interactions with customers and prospects. CRM platforms centralize sales, support, and contact history.
Example: All leads are tracked in the CRM.
A list of common questions and answers about a topic or product.
Example: Add shipping details to the FAQ page.
A phrase meaning with urgency or at the earliest practical time.
Example: Please send the revised quote ASAP.
The simplest version of a product that can be launched to test demand and gather feedback. MVPs help teams learn quickly without overbuilding.
Example: They launched an MVP in six weeks.
A phrase used to share information without requiring action.
Example: FYI, the client moved the meeting to Thursday.
The executive responsible for a company's technical strategy and product architecture. CTOs guide engineering direction and technology investments.
Example: The CTO approved the cloud migration.
A formal agreement that defines expected service standards such as uptime, support response times, and responsibilities. SLAs help set operational expectations.
Example: The enterprise customer requested a stricter SLA.
A placeholder indicating something has not been decided yet.
Example: The launch date is still TBD.
The department responsible for hiring, onboarding, benefits, employee relations, and workplace policies. HR supports both compliance and people operations.
Example: HR sent the updated handbook.
A placeholder indicating details will be shared later.
Example: The keynote speaker is TBA.
A preliminary document outlining the basic terms of a proposed deal or agreement.
Example: The buyer signed an LOI before due diligence.
Processes and testing practices used to ensure products or services meet standards and function as expected. QA reduces defects before release.
Example: QA found a regression before launch.
A goal-setting framework that pairs ambitious objectives with measurable results. OKRs help teams align priorities and track progress.
Example: The product team set quarterly OKRs.
A legal contract that restricts parties from sharing confidential information. NDAs are common before discussions involving proprietary ideas or sensitive data.
Example: Sign the NDA before reviewing the documents.
An international non-profit association and leading anti-bribery standard-setting organization. It provides practical and cost-effective anti-bribery compliance solutions for multinational companies and their commercial intermediaries.
Example: Many companies require their third-party agents to undergo TRACE certification as part of their anti-corruption program.
An authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter. Often used in marketing or policy.
Example: The company released a WP detailing their new blockchain solution.
A term describing commerce between businesses rather than direct sales to consumers. B2B companies often sell services, software, or supplies to other firms.
Example: The startup is building a B2B analytics tool.
A term describing companies that sell directly to individual consumers. B2C businesses often focus heavily on branding, pricing, and customer experience.
Example: Their B2C app grew through social referrals.
Integrated software used to manage core business functions such as finance, inventory, procurement, and HR. ERP systems connect workflows across departments.
Example: The manufacturer upgraded its ERP platform.
A role responsible for planning, coordinating, and delivering projects on time and within scope. PMs align stakeholders, timelines, and resources.
Example: The PM updated the launch timeline.
A mnemonic used to remember topics for starting or maintaining a conversation, particularly in networking or sales, by asking about Family, Occupation, Recreation, and Message/Motivation.
Example: During the networking event, Sarah used the FORM method to engage with potential clients.
A small-scale implementation used to demonstrate whether an idea, method, or technology can work. POCs are often used before full investment.
Example: The client approved a short POC phase.
The executive responsible for overseeing day-to-day business operations and execution. COOs often focus on scaling systems, teams, and delivery.
Example: The COO led the operations review.
A document organizations issue to solicit detailed bids from vendors for a project or service. RFPs help compare capabilities, pricing, and approach.
Example: We answered the hospital's RFP last week.
A phase of testing where end users verify that a product meets business needs before full release. UAT helps confirm real-world readiness.
Example: The finance team is running UAT this week.
The executive responsible for marketing strategy, brand growth, and customer acquisition. CMOs oversee campaigns, positioning, and demand generation.
Example: The CMO reviewed the ad creative.
A model where brands sell directly to customers without relying on traditional retail intermediaries. D2C often gives companies more control over customer relationships.
Example: The brand shifted to a D2C strategy online.
A subscription-based model where businesses lease hardware (like laptops, desktops, or mobile devices) along with associated services such as deployment, maintenance, and support, rather than purchasing them outright.
Example: By switching to a DAAS model, we can ensure our employees always have up-to-date equipment without large upfront capital expenditures.
A role that defines product priorities and manages the backlog on behalf of stakeholders and users. POs help teams focus on the highest-value work.
Example: The PO clarified the acceptance criteria.
An individual who provides assistance and troubleshooting for technical issues related to products or services, often in a call center environment.
Example: I spoke with a TSR who helped me resolve the software installation problem quickly and efficiently.
A procurement document used to ask vendors for pricing on defined goods or services. RFQs are common when specifications are already clear.
Example: Procurement sent an RFQ to three suppliers.
An executive role focused on long-term planning, growth opportunities, and strategic initiatives. CSOs help coordinate major business bets.
Example: The CSO presented market expansion options.
A formal request for expert help or support on a technical issue or problem, often submitted to a vendor or an internal IT department.
Example: I've opened a TAR with the software vendor to resolve the recurring bug.
A group of people designated to perform a specific task or investigate a particular issue, often within a larger organization or committee.
Example: The board established a WP to review the new compliance regulations.