Leaving Cert Business Abbreviations

AGM

Annual General Meeting

APR

Annual Percentage Rate

AOB

Any Other Business

ATM

Automated Teller Machine

BEP

Break-even Point

BIK

Benefit-in-Kind

CAP

Common Agricultural Policy

CEB

County Enterprise Board

CFF

Cash Flow Forecast

CFP

Common Fisheries Policy

CPI

Consumer Price Index

EA

Equality Authority

EAT

Employment Appeals Tribunal

ECJ

European Court of Justice

EDI

Electronic Data Interchange

EFF

European Fisheries Fund

EMU

European and Monetary Union

EPOS

Electronic Point of Sale

ERDF

European Regional Development Fund

ESF

European Social Fund

HRM

Human Resource Management

IBEC

Irish Business and Employers Confederation

ICT

Information and Communications Technology

ICTU

Irish Congress of Trade Unions

IFA

Irish Farmers Association

IFSC

International Financial Services Centre

IG

Interest Group

ISO

International Standards Organisation

JIT

Just-in-Time

LRC

Labour Relations Commission

MBI

Management Buy-in

MBO

Management Buy-out

MNC

Multinational Company

PAYE

Pay As You Earn

PLC

Public Limited Company

PPS

Personal Public Service Number

PR

Public Relations

PRO

Public Relations Officer

PRSI

Pay Related Social Insurance

R&D

Research and Development

ROCE

Return on Capital Employed

ROI

Return on Investment

SEM

Single European Market

SWOT

Strength, Weakness, Opportunity, Threat

TNC

Transnational Company

TQM

Total Quality Management

VAT

Value Added Tax

WCM

World Class Manufacturing

WTO

World Trade Organisation

WWW

World Wide Web