Acronyms
Sales, Marketing, and Technology Acronyms and Abbreviations. Jump to acronyms beginning with the number or letter:
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KDS
The digital replacement for paper tickets in restaurant kitchens. These heat and water-resistant screens mount at different kitchen stations and display incoming orders with crucial details like preparation instructions, allergies,…
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KISS
A principle that emphasizes simplicity’s importance in design, communication, and problem-solving. The more complex something is, the more difficult it is to understand, use, and maintain. Therefore, we can reduce…
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KML
KML, which stands for Keyhole Markup Language, is a file format that displays geographic data in an Earth browser, such as Google Earth, Google Maps, and Google Maps for mobile.…
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KOL
A trusted expert or authority in a specific industry or niche who holds the power to influence opinions, behaviors, or purchasing decisions. Unlike mainstream influencers who rely on broad appeal,…
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KPI
A measurable value demonstrates how effectively a company achieves key business objectives. Organizations use KPIs to evaluate their success at reaching targets. KPIs are crucial for measuring the performance of…
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KYC
Also Know Your Client, KYC is a set of standards and procedures used by financial institutions and other regulated entities to verify the identity of their clients and assess the…
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L2RM
A business strategy that aims to optimize the entire sales and marketing process, from lead generation to revenue generation. L2RM is focused on aligning the sales and marketing teams around…
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LAARC
A framework used in customer service and communication to guide effective conversations with customers. Here’s a breakdown of each step: Listen: The first step is to listen actively and attentively…
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LACS
A United States Postal Service (USPS) database that provides updated address information when a rural-style or outdated address has been converted to a city-style or standardized format. It is primarily…
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LACSLink
A secure USPS database and matching system that updates mailing addresses that have been changed due to 911 emergency system implementations, most often when rural route or P.O. Box addresses…
