68 Important Abbreviations in COMMERCE
Following are Important abbreviations used in Commerce World, with their full form. These are must to remember for interview questions as well as for competitive exams.
- A/C - Account
- A/P - Accounts Payable
- A/R - Accounts Receivable
- ADR - American Depositary Receipt
- APR - Annual Percentage Rate
- B2B - Business-to-Business
- B2C - Business-to-Consumer
- CEO - Chief Executive Officer
- CFO - Chief Financial Officer
- CIF - Cost, Insurance, and Freight
- CIO - Chief Information Officer
- CMO - Chief Marketing Officer
- COO - Chief Operating Officer
- CPA - Cost Per Acquisition
- CPC - Cost Per Click
- CPC - Cost Per Conversion
- CPM - Cost Per Mille (Cost Per Thousand Impressions)
- CRM - Customer Relationship Management
- CTA - Call to Action
- CTC - Cost to Company
- CTR - Click-Through Rate
- CV - Curriculum Vitae
- DBA - Doing Business As
- EAN - European Article Number
- EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
- E-commerce - Electronic Commerce
- ERP - Enterprise Resource Planning
- ETA - Expected Time of Arrival
- ETD - Estimated Time of Departure
- ETF - Exchange-Traded Fund
- EXW - Ex Works
- FOB - Free On Board
- FY - Fiscal Year
- GDP - Gross Domestic Product
- GST – Goods and Services Tax
- HR - Human Resources
- IPO - Initial Public Offering
- IRS - Internal Revenue Service
- JIT - Just-In-Time
- KPI - Key Performance Indicator
- KYC - Know Your Customer
- LLC - Limited Liability Company
- M&A - Mergers and Acquisitions
- MIS - Management Information System
- MOQ - Minimum Order Quantity
- MOU - Memorandum of Understanding
- MSRP - Manufacturer's Suggested Retail Price
- NDA - Non-Disclosure Agreement
- NGO - Non-Governmental Organization
- OEM - Original Equipment Manufacturer
- OTIF - On-Time In-Full
- P&L - Profit and Loss
- P/E - Price-to-Earnings Ratio
- POS - Point of Sale
- PPP - Purchasing Power Parity
- R&D - Research and Development
- ROI - Return on Investment
- SAAS - Software as a Service
- SKU - Stock Keeping Unit
- SME - Small and Medium Enterprises
- SOP - Sales and Operations Planning
- SOP - Standard Operating Procedure
- SOP - Statement of Purpose
- SWOT - Strengths, Weaknesses, Opportunities, and Threats
- T&C - Terms and Conditions
- TCO - Total Cost of Ownership
- UPC - Universal Product Code
- VAT - Value Added Tax