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37 terms

Abbreviations in business

STUDY
PLAY
CEO
Chief Executive Officer
CIO
Chief Information Officer
CFO
Chief Financial officer
MD
Managing Director / Medical Doctor
PRO
Public Relations Officer
aob
any other business
USP
unique selling point / proposition
JIT
just in time
TQM
total quality management
FMCGs
fast-moving consumer goods
KPI
key performance indicator
KAM
Key Account Manager
ISO
International Standards Organization
LBO
leveraged buy out
LIFO
last in first out
PLC
public limited company
R&D
research and development
FIFO
first in first out
SMEs
small and medium enterprises
ASAP
as soon as possible
HR
human resource
B2B
business to business
POS
point of sale
ROI
return on investment
VAT
value added tax
RRP
recommended retail price
CPI
consumer price index
B2C
business to consumer
SWOT
strengths, weaknesses, opportunities, threats
NA
not available
EBIT
earnings before interest and taxes
IPO
initial public offering
HQ
headquarters
Q1
the first quarter
GDP
gross domestic product
ATM
automated teller machine
CSR
corporate social responsibility