Build to order (BTO) and sometimes referred to as make to order or made to order (MTO), is a production approach where products are not built until a confirmed order for products is received.
Commercial off-the-shelf or commercially available off-the-shelf (COTS) satisfy the needs of the purchasing organization, without the need to commission custom-made, or bespoke, solutions.
A computer appliance is a computer with software or firmware that is specifically designed to provide a specific computing resource.
"Engineering, Procurement, and Construction" (E P C) is a particular form of contracting arrangement used in some industries where the E P C Contractor is made responsible for all the activities from design, procurement, construction, to commissioning and handover of the project to the End-User or Owner.
In general, to invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development.
Motorsport or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorised vehicles, whether for racing or non-racing competition.
An oil well is a boring in the Earth that is designed to bring petroleum oil hydrocarbons to the surface.
In a motor vehicle, the term powertrain or powerplant describes the main components that generate power and deliver it to the road surface, water, or air.
A value-added reseller (VAR) is a company that adds features or services to an existing product, then resells it (usually to end-users) as an integrated product or complete "turn-key" solution.