Acronyms Beginning With G
Sales, marketing, and technology acronyms that begin with G
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Acronyms Beginning With G
GMROI
A retail-specific metric that measures the amount of gross profit earned for each dollar of inventory investment. This KPI helps retailers evaluate the profitability and efficiency of their inventory management. GMROI Formula Where: $\text{Gross Profit} = \text{Total Sales Revenue} – \text{Cost of Goods Sold (COGS)}&s=2$ $\text{Average Inventory Cost} = \frac{\text{Beginning Inventory Cost} + \text{Ending Inventory Cost}}{2}&s=2$ A higher GMROI indicates…
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Acronyms Beginning With G
GMT
A time zone that was used as a reference time for the world. It was based on the mean solar time at the Royal Observatory in Greenwich, London, England. GMT was widely used as a standard time reference in many industries and applications, including navigation, communication, and financial systems. GMT was first implemented in the late 19th century and was…
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Acronyms Beginning With G
GMV
GMV represents the total dollar value of goods sold through a marketplace or platform during a certain period, before deducting costs like returns, shipping, and other expenses. In e-Commerce, GMV is a key metric (KPI) used to measure a business or platform’s overall performance and scale, reflecting the total sales volume.
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Acronyms Beginning With G
GNN
A type of artificial neural network specifically designed to work with graph-structured data. Graphs are powerful tools for representing relationships between entities, where entities are represented as nodes (or vertices), and their connections are represented as edges. GNNs leverage this structure to perform node classification, link prediction, and graph classification tasks. GNN Characteristics Message passing: GNNs typically pass messages between…
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Acronyms Beginning With G
GNU
A major project within the free software movement that focuses on providing free and open-source software. It was launched in 1983 by Richard Stallman to create an entirely free and compatible operating system with Unix, emphasizing software freedom for users. Here are some key aspects of GNU: Philosophy: GNU promotes the idea that users should be free to run, modify,…
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Acronyms Beginning With G
GPG
GNU Privacy Guard, commonly known as GPG or GnuPG, GPG is a free, open-source implementation of the OpenPGP standard. It provides cryptographic privacy and authentication for data communication and is one of the world’s most widely used email encryption software. Benefits include: Strong Encryption: Supports various algorithms like RSA, DSA, AES, and more. Digital Signatures: Ensures message integrity and non-repudiation.…
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Acronyms Beginning With G
GPL
A widely-used free software license that was originally created by Richard Stallman. The GPL is a copyleft license, which means that any derivative work based on GPL-licensed software must also be distributed under the same GPL license terms. Key features of the GPL include: Freedom to use: Users can run the software without restrictions. Freedom to study: With access to…
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GPRS
A mobile data communication standard that enables data transfer over cellular networks. It’s a technology used in mobile devices to provide internet access, allowing users to browse the web, send emails, and use various online applications. GPRS operates on top of GSM (Global System for Mobile Communications) networks and is one of the early steps in evolving mobile data technologies.…
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Acronyms Beginning With G
GPS
Often mistakingly referred to as Global Positioning Satellite given the system’s reliance on satellites. A satellite-based navigation system that provides location and time information in all weather conditions, anywhere on or near the Earth. The United States government maintains it, and it is freely accessible to anyone with a GPS receiver. Key Features of GPS: Satellite Network: GPS operates through…
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Acronyms Beginning With G
GPT
A structured and standardized classification system that categorizes products and services on a global scale. It’s designed to create a common language for categorizing and organizing products and services across various industries and regions. This taxonomy helps businesses, e-commerce platforms, and organizations classify their offerings consistently, making managing and analyzing product data easier, improving search functionality, and enhancing the overall…