Examlex
The development of Coke Zero by Coca-Cola would not be considered a new product since the company was already making soft drinks.It would simply be called a line extension.
HR
Stands for Human Resources, a department within organizations focused on managing employee-related processes like hiring, training, and benefits administration.
CIM
Computer Integrated Manufacturing, an approach to manufacturing that integrates computer systems with physical manufacturing processes for efficiency and productivity improvements.
PLM
Product Lifecycle Management, a strategic approach to managing the series of changes a product goes through, from its design and development to its ultimate retirement.
POM
Principles of Management; these are fundamental guidelines for the management of an organization concerning its mission, vision, and objectives.
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