For enterprise resource planning you need to know its terminology. To ease the planning process in the most complete way. Here are some things you need to know.
- B2B2C (business-to-business-to-consumer) – B2B2C (business-to-business-to-consumer) adds consumer e-commerce to the B2B (business-to-business) model, allowing a company to market its product or service more effectively by entering a B2B relationship with a company whose expertise is selling online.
- backdoor selling – Backdoor selling is the unscrupulous practice of seeking information beyond what is publicly available as a means of gaining a competitive advantage for a contract or sale.
- Bank Secrecy Act (BSA) – The Bank Secrecy Act (BSA), also known as the Currency and Foreign Transactions Reporting Act, is legislation passed by the United States Congress in 1970 that requires U.
- barter economy – A barter economy is a cashless economic system in which services and goods are traded at negotiated rates.
- Basel Committee on Banking Supervision (BCBS) – The Basel Committee on Banking Supervision (BCBS) is a group of international banking authorities who work to strengthen the regulation, supervision and practices of banks and improve financial stability worldwide.
- benefit corporation – Benefit corporation is a type of corporate structure recognized by some state governments in the United States.
- benefits administration – Benefits administration is the process of assembling and managing the benefits an organization provides to employees.
- bespoke – Bespoke (pronounced bee-SPOHK) is a term used in the United Kingdom and elsewhere for an individually- or custom-made product or service.
- best practice – A best practice is a standard or set of guidelines that is known to produce good outcomes if followed.
- Betteridge’s law (of headlines) – Betteridge’s law (of headlines) is an adage that states “Any headline that ends in a question mark can be answered by the word no.
- BIC (bank identifier code) – A bank identifier code (BIC) is a unique identifier for a specific financial institution.
- Big 4 (Final 4) – The Big 4, also known as the Final 4, are the four largest international accounting and professional services firms.
- big box store – A big box store is a very large brick and mortar retail location which sells a variety of merchandise, usually at a low price.
- bill of lading (BoL, B/L) – A bill of lading (also seen as B/L and BoL) is a document given to a shipper by the carrier that details the shipment and serves as a means of transferring the title of goods.
- bill of materials (BOM) – A bill of materials (BOM) is a comprehensive inventory of the raw materials, assemblies, subassemblies, parts and components, as well as the quantities of each, needed to manufacture a product.
- bimodal IT (bimodal information technology) – Bimodal IT is a two-tiered IT operations model that allows for the creation of IT systems and processes that are stable and predictable as well as agile and fast.
- Bitcoin Cash (BCH) – Bitcoin Cash (BCH) is an altcoin version of the popular Bitcoin cryptocurrency.
- BizDevOps (Business, Development and Operations) – BizDevOps, also known as DevOps 2.
- black hole – The term “black hole” is sometimes used to refer to an imaginary place where objects, files, or funds go when they get lost for no apparent reason.
- blackout period – A blackout period is a duration of time when access to something usually available is prohibited.
