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ARR (Annual recurring revenue): Annual recurring revenue

Posted: Sat Apr 19, 2025 6:06 am
by mouakter11
This common acronym indicates that something will be completed in the shortest possible time . For example, "I will deliver the report as soon as possible (ASAP)."

8. B2B (Business to business): Business to business
B2B is when a company sells products to other businesses rather than to individual consumers. For example, a B2B company might sell silicon motherboards to a computer manufacturer.

9. B2C (Business to consumer): Business to consumer
A B2C company sells its products or services directly to consumers. Imagine viber database a typical retail store or online store (e-commerce) that sells physical goods to people.

10. BD (Business development): Business development
The process of identifying and pursuing opportunities for business growth. For example, fostering customer relationships, finding new markets, or launching new products.

11. BID (Break it down): Break down
This business acronym is used to indicate when a topic needs to be broken down into easier-to-understand parts. If someone asks you to "BID," they're asking you to explain the topic more clearly.

12. BPO (Business process outsourcing): Outsourcing of business processes
The process of outsourcing certain areas of a company's operations. For example, a company might hire another firm to handle its accounting, information technology, sales, or after-sales service .