Acronyms
Sales, Marketing, and Technology Acronyms and Abbreviations. Jump to acronyms beginning with the number or letter:
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Acronyms Beginning With P
PLC
An industrial computer control system continuously monitors the state of input devices and makes decisions based on a custom program to control the state of output devices. This control system can significantly enhance almost any production line, machine function, or process. However, the most significant benefit of using a PLC is changing and replicating the operation or process while collecting…
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Acronyms Beginning With P
PLG
A go-to-market (GTM) strategy where the product itself drives user acquisition, expansion, conversion, and retention. In a PLG model, users typically gain value through direct interaction with the product—often via freemium, free trial, or self-serve onboarding—before they engage with a sales team. This bottom-up approach contrasts with traditional top-down sales strategies that rely on outbound sales or marketing to generate…
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Acronyms Beginning With P
PLL
A feedback control system that generates an output signal related to an input signal’s phase. It is a versatile electronic circuit used in a wide range of applications, including: Frequency Synthesis: PLLs are commonly used to generate stable and precise output frequencies. They can be found in devices like clock generators for microprocessors and digital communication systems. Clock Recovery: In…
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Acronyms Beginning With P
PLM
A process and technology used by businesses to manage the entire lifecycle of a product, from ideation to retirement. PLM involves the collection, management, and dissemination of product data and information across various departments within an organization, including engineering, design, manufacturing, and sales. This data includes product specifications, bills of materials, design drawings, and other related documents and information. PLM…
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Acronyms Beginning With P
PM
A professional responsible for leading and managing projects within an organization. The role of a project manager includes planning, executing, and closing projects within the constraints of time, budget, and scope. A project manager is responsible for developing project plans, defining project objectives, identifying project requirements, and allocating resources. They are also responsible for monitoring project progress, identifying and managing…
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Acronyms Beginning With P
PM
Project management is the application of knowledge, skills, tools, and techniques to plan, organize, and control resources to achieve specific goals within defined constraints such as time, cost, and quality. It involves leading and coordinating a team to deliver a unique product, service, or result in accordance with specified requirements and objectives. Key aspects of project management: Initiating: Defining the…
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Acronyms Beginning With P
PMax
A campaign type offered by Google Ads. It represents a significant evolution in digital advertising, allowing advertisers to access all of Google’s inventory from a single campaign. Here’s an overview of Performance Max: Unified Advertising Platform: Performance Max campaigns enable advertisers to reach customers across all of Google’s channels, including YouTube, Display, Search, Discover, Gmail, and Maps, from one campaign.…
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Acronyms Beginning With P
PMax
A goal-based campaign type in Google Ads that uses machine learning to deliver ads across all of Google’s inventory—including Search, Display, YouTube, Discover, Gmail, and Maps—from a single campaign. Performance Max automatically optimizes bidding, budget allocation, audience targeting, creative combinations, and placement in real time to maximize performance based on the advertiser’s stated objective, such as conversions or revenue. It…
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Acronyms Beginning With P
PMI
A global professional organization dedicated to advancing the field of project management. Founded in 1969, PMI provides project managers and professionals with tools, resources, and educational opportunities to improve their project management skills and stay current with industry trends. It is also well-known for establishing widely accepted standards and certifications in project management, such as: PMP (Project Management Professional): PMI’s…
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Acronyms Beginning With P
PMM
A professional in the field of marketing who plays a crucial role in promoting and selling a company’s products or services. PMMs are responsible for various tasks directly related to sales and marketing, often as a bridge between product development and the sales and marketing teams. Here are some details about the role of a PMM: Product Knowledge: PMMs have…
