Podcast
Questions and Answers
What does the acronym ASAP stand for?
What does the acronym ASAP stand for?
- At standard administrative procedure
- As simple as possible
- As soon as possible (correct)
- As safe as possible
Which of the following represents the meaning of the abbreviation 'cc'?
Which of the following represents the meaning of the abbreviation 'cc'?
- carbon credit
- carbon copy (correct)
- current copy
- correspondence cover
Which term represents the meaning of 'B2B'?
Which term represents the meaning of 'B2B'?
- Ban on two brands
- Business to business (correct)
- Best to best
- Below two billion
What is the meaning of the abbreviation 'GNP'?
What is the meaning of the abbreviation 'GNP'?
Which of the following best describes the meaning of 'APR'?
Which of the following best describes the meaning of 'APR'?
What does the abbreviation 'LLC' stand for?
What does the abbreviation 'LLC' stand for?
Flashcards
Inc.
Inc.
A business entity that is its own legal entity, separate from its owners.
COD
COD
A business transaction where payment is made upon delivery of goods.
GDP
GDP
The total value of all goods & services produced within a country in a given time period.
B2B
B2B
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Memo.
Memo.
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CSR
CSR
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LLC
LLC
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ETA
ETA
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Study Notes
Business Abbreviations and Acronyms
- Acct. - account
- Ad - advertisement (American English)
- Advert - advertisement (British English)
- Approx. - approximately
- APR - annual percentage rate (interest rate for a year)
- ASAP - as soon as possible
- ATTN - attention (used to indicate recipient of mail)
- B2B - business to business
- BA - Bachelor of Arts
- BBA - Bachelor of Business Administration
- BS - Bachelor of Science
- CC - carbon copy (duplicate copy sent)
- CEO - Chief Executive Officer
- CFO - Chief Financial Officer
- Co. - Company (as in John Smith and Co.)
- COD - cash on delivery
- Corp. - corporation
- CPA - Certified Public Accountant
- CSR - customer service representative
- Dept. - department
- Div. - division
- E.g. - example given
- Ea. - each
- EST - Eastern Standard Time
- ETA - estimated time of arrival
- FAQ - frequently asked question
- Fwd. - forward
- GDP - Gross Domestic Product (total value of goods/services)
- GNP - Gross National Product (total value of goods/services)
- Govt. - government
- HQ - headquarters
- I.e. - in other words
- Inc. - Incorporated (legal entity)
- ISO - International Organization for Standardization
- Jr. - Junior
- Ib. - pound (weight)
- LLC - limited liability company
- Max. - maximum
- MBA - Master of Business Administration
- Memo. - memorandum (brief note)
- Mfg. - manufacturing
- Min. - minimum
- Mo. - month
- N/A - not applicable
- No. - number
- Pkg. - package
- PO - purchase order
- PR - public relations
- PS - postscript (short message)
- Q1, Q2, Q3, Q4 - quarters (first, second, third, fourth quarter)
- Qty. - quantity
- R&D - research and development
- Re - in regard to, regarding
- Recd. - received
- ROI - return on investment
- RSVP - please reply (French)
- SWOT - strengths, weaknesses, opportunities, threats
- TBD - to be determined
- Temp. - temporary
- VP - Vice President
- W/ - with
- W/O - without
- Yr. - year
- YRLY. - yearly
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