IT Passport Alphabet Summary
· 4 min read
| Abbreviation | Name | Meaning |
|---|---|---|
| CSR | Corporate Social Responsibility | The responsibility of a company to operate in an ethical and sustainable and socially responsible manner. |
| SDGs | Sustainable Development Goals | A set of 17 global goals adopted by the United Nations to promote sustainable development. |
| OJT | On the Job Training | Training that takes place while the employee is already working. |
| Off-JT | Off the Job Training | Training that takes place away from the employee's job. |
| HRTech | Human Resource Technology | The use of IT in human resources. |
| CEO | Chief Executive Officer | The highest-ranking executive in a company, responsible for the overall success of the organization. |
| CIO | Chief Information Officer | The executive responsible for the use of information technology to achieve the goals of the organization. |
| COO | Chief Operating Officer | The executive responsible for the day-to-day administrative and operational functions of a business. |
| CFO | Chief Financial Officer | The executive responsible for managing the financial risks of the company. |
| ABC Analysis | A Pareto chart used to categorize data into three groups based on importance. | |
| B/S | Balance Sheet | A financial statement that shows a company's assets, liabilities, and equity at a specific point in time. |
| ROE | Return On Equity | A ratio that measures a company's profitability in relation to shareholders' equity. |
| JAN Code | Japanese Article Number | A barcode standard used in Japan. |
| QR Code | Quick Response | A two-dimensional barcode that can store more data than a traditional barcode. |
| ISO | International Organization for Standardization | An international organization that develops and publishes international standards. |
| SWOT Analysis | Strengths・Weaknesses・Opportunities・Threats | A strategic planning tool used to evaluate a company's strengths, weaknesses, opportunities, and threats. |
| PPM | Product Portfolio Management | A method of categorizing products into stars, cash cows, question marks, and dogs. |
| M&A | Mergers and Acquisitions | The combination of two or more companies into one. |
| VC | Venture Capital | Investment firms that invest in startups with high growth potential. |
| IPO | Initial Public Offering | The first time a private company offers shares to the public. |
| TOB | Take Over Bid | A tender offer in which a company attempts to acquire another company by purchasing its shares directly from shareholders. |
| MBO | Management Buyout | A transaction in which the management team of a company purchases the company's stock. |
| 4P | Product・Price・Place・Promotion | The four Ps of marketing: product, price, place, and promotion. |
| 4C | Customer Value・Cost・Convenience・Communication | A buyer-centric approach to the marketing mix. |
| RFM Analysis | Recency・Frequency・Monetary | An analysis of customer purchasing behavior based on recency, frequency, and monetary value. |
| UX | User Experience | The experience a person has when using a product, system, or service. |
| BSC | Balance Scorecard | A strategic performance management tool that measures a company's performance from four perspectives: financial, customer, internal processes, and learning and growth. |
| CSF | Critical Success Factors | The factors that are critical to a company's success. |
| KPI | Key Performance Indicator | A measurable value that demonstrates how effectively a company is achieving key business objectives. |
| ERP | Enterprise Resource Planning | A system that integrates all aspects of a business, including finance, human resources, and supply chain management. |
| CRM | Customer Relationship Management | A system for managing a company's interactions with current and potential customers. |
| SFA | Sales Force Automation | Software that automates sales tasks and improves sales team efficiency. |
| SCM | Supply Chain Management | The management of the flow of goods and services from raw materials to the end consumer. |
| RFID | Radio Frequency Identification | A technology that uses radio waves to identify and track objects. |
| NFC | Near Field Communication | A short-range wireless communication technology. |
| AI | Artificial Intelligence | The development of computer systems that can perform tasks that typically require human intelligence. |
| POS System | Point of Sale | A system for processing sales transactions. |
| CAD | Computer Aided Design | The use of computer software to design products. |
| CAM | Computer Aided Manufacturing | The use of computer software to control manufacturing processes. |
| JIT | Just In Time | A manufacturing strategy that aims to minimize inventory by producing goods only when they are needed. |
| EC | Electronic Commerce | The buying and selling of goods and services over the internet. |
| IoT | Internet of Things | The network of physical objects ("things") embedded with sensors, software, and other technologies that enable them to connect and exchange data with other devices and systems. |
| Society 5.0 | A society that combines the physical and virtual worlds to achieve economic development and solve social problems. | |
| EA | Enterprise Architecture | A framework for designing and implementing an organization's information systems. |
| SoE | System of Engagement | A system for strengthening relationships with customers. |
| DFD | Data Flow Design | A diagram that shows how data flows through a system. |