Mobile Internet Service Providers (MISPs) MISPs perform functions similar to the Internet Service Providers (ISPs). MISPs provide access to the Internet over a mobile network.

Mondex It is a smart card system, which is developed by Mondex International. This works on stored cash balances.

MP3 It is a coding scheme that compresses audio signals so that the files become compact and can be easily transmitted across Internet.

MRO Products These products are critical to production operations and plant maintenance and include products such as spare parts for machines, electrical controls, tools and other shop floor supplies.

Multilayer Switching It is a process in which layer 2 switching and layer 3 protocol are combined in a single product. ,

Network Attached Storage (NAS) NAS devices are used for shared storage on a network. NAS devices enhance platform independence and enable better network performance.

Non production Goods They are the goods purchased by an organization for its own consumption.

Non refutability Non refutability is being able to prove what has occurred when and between which parties. This is a verification mechanism that ensures that actual exchange took place using a digital certificate or any other such payment mechanism.

Nonrepudiation Nonrepudiation makes sure that when a message is send over the internet, the message sender is the same as the person who created the message. Users cannot deny their commitment to any transaction that they conducted.

Non strategic Service Partners (NSPs) They develop routine and repetitive business processes such as accounting and finance, human resources, indirect procurement and travel.

Open Profiles Standards (OPS) The OPS has in built privacy features that facilitate the secure exchange of profile information between the individual and the web site. This project is also termed as the P3 project (Platform for Privacy Preferences).

Open System The description and specifications of the architecture of the communication system are published and freely available.

Open Wire Transmission MediumIt is a data transmission medium and is generally used only for short distances not exceeding 20 feet because the data is highly subjected to noise disturbances.

Operating Resource Procurement The procurement of non production related goods and services is known as operating resource procurement.

Optical Fiber It transmits data through a thin narrow glass fibers called the core and facilitates high speed transfer of information.

ORB (Object Request Broker) It provides an interface between communicating client's request and the target object implementations present in the server.

Outside Money The outside money can be defined as the hard currency that is in circulation in a monetary system.

Outsourcing When a company pays for products and/or services from an outside supplier rather than produce it in the company, it is called outsourcing.

Packet Switching Technology or 2.5G It is an intermediate path between 2G and 3G which uses a technology called General Packet Radio Service (GPRS) to transmit data and voice (with a speed ofl. 15 kbps) to wireless devices.

Packet The chunks of data that are transferred over the communication network are called packets. They have two parts called header, which carries information and trailer which carries an indicator to the information.

Palm Print Recognition The palm prints or images of individuals are taken and the unique patterns are analyzed and recorded so that their identity can be quickly established or verified in future.

Personal Digital Assistant It is a handheld device that combines computing, telephone/fax and networking features.

Personal Identification Number (PIN) A number given to online customers to be used for identification purpose when they log on to a company's web site for financial transactions.

Personalization Applications They are software applications that enable companies to understand customer needs and preferences and respond to them in real time.

Point of Purchase Devices (POP) They are used to upload details of transactions of an organization that take place across the globe into central databases.

Pretty Good Privacy (PGP) It is a hybrid cryptosystem. which combines both symmetric and asymmetric cryptography making it more difficult for unauthorized users to decipher the coded text. Private Exchange Private exchanges are owned by companies and used by them to conduct transactions with their customers and suppliers.

Private Key It is a special decryption key known only to the receiver of a message.

Production Goods They are the goods purchased by an organization for the purpose of processing them and selling them to customers.

Protocol Layering Instead of having a separate protocol for resolving each problem that occurs in packed based data communication, a protocol with multiple layers is used to deal with all the problems. This process is called protocol layering.

Public Exchange Public exchanges are owned by the industry consortia or individual investors which can be used by any company on payment of a certain fee.

Public Key Infrastructure((IPKI) It is an online infrastructure that uses digital signatures, digital certificates and secure channels to secure applications, communications and transactions.

Public Key It is a key used by people to encrypt the messages that can be decrypted by a special key (private key) known only to the receiver intended to receive the message.

Redundant Arrays of Inexpensive Disks (RAID) It is a storage system that improves the availability of data and the performance of the system.

Reintermediation It is a convergence strategy in which suppliers increase the number of intermediaries specialized in various functions in order to create superior value proposition for buyers.

Reliability It measures the probability of occurrences of failures during the processing of services.

Remote Procedure Call (RPC) It invokes a function which is executed on remotely located servers.

Responsive Supply Chains These enable organizations to check material availability, assign delivery dates and make deliveries on that date.

Retail Management System (RMS) The information system that is used by vendors, distributors, outsourcers, partners and resellers to collect, aggregate and analyze data from various retail outlets and use the information to improve their business efficiency.

Strategic Service Partners (SSP) They are a structured form of outsourcers who enable companies outsource their pipeline business processes like manufacturing, warehousing and logistics and integrate with customers and third party service providers.

Strategic Supplier Relationship It refers to relationship between a company and its suppliers of key components crucial for its manufacturing process.

Supply Chain Replenishment It involves aligning the real time demand of a particular business with its suppliers and partners so as to improve customer service and enhance customer satisfaction.

Symmetric Key Encryption or Conventional Cryptography It is a method of encryption which uses only one key for encrypting and decrypting the data. It is also called Private Key Cryptography or Single Key Cryptography.

System Administration Tool It manages the entire network and systems in order to help ERP application work effectively. It manages inventory and assets, configures software, modifies applications when needed, and distributes software.

Tapping It is a process in which a company offers quality products and services to existing customers so that its business grows through word of mouth rather than spending on advertisements and other methods of promotion.

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