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To help you understand the jargon used, we have put together a brief glossary of e-business terms.

eBusiness Glossar

Please choose a letter.

A | B | C | D | E | F | G | H | I | J | K | L | MN | O | P | Q | R | S | T | U | V | W | X | Y | Z

V

Virtual Agent

A search program that searches the WWW for information according to the instructions of the user.

Virtual Community

A virtual community can usually be compared with a real community. Communication is carried out through various channels such as Email, Chat, Newsgroups, etc.

Virtual Sales Slip

Detailed information on a financial transaction, which is generated by the merchant's online store and downloaded to your digital wallet. Typical items contained in the virtual sales slip are confirmation of your order, shipping details, and total amount of sale.

Virus

A program sequence that - planted in a host program - causes it to further spread the virtual code. In addition to routines for reproduction and camouflage, computer viruses also contain program parts that trigger a specific effect - a gimmick or serious sabotage. The newest extremely rapidly spreading variants of computer viruses are the so-called macro viruses.

VMI

Vendor Managed Inventory is about providing customers with a service, whereby Bayer take charge of replenishment planning. This means that Bayer view the consumption data for given material at agreed intervals with the help of VMI system, automatically replenishing stocks when necessary.