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Business Studies

Abbreviations- No. 2

TermDefinition
GP Gross Profit
GPP Gross Profit Percentage
HP Hire Purchase
ICB Irish Credit Bureau
ICT Information and Communications Technology
IDA Irish Developmental Authority
ISI Insolvency Service Ireland
IT Information Technology
LC Labour Court
LEO Local Enterprise Office
LPT Local Property Tax
MABS Money Advice and Budgeting Service
MEP Member of the European Parliament
MR Market Research
NP Net Profit
NPP Net Profit Percentage
NTMA National Treasury Management Agency
PAYE Pay As You Earn
PIN Personal Identification Number
PLC Public Limited Company
LTD Private Limited Company
PPP Public-Private Partnerships
PR Public Relations
PRSI Pay Related Social Insurance
PSO Public Service Obligation
R&D Research and Development
SEM Single European Market
SMART Specific, Measured, Achievable, Realistic, Time (Business Plan)
SO Standing Order
SOFP Statement of Financial Position
SRCOP Standard Rate Cut-Off Point
SWOT Strengths, Weaknesses, Opportunities, Threats (SWOT Analysis)
TNC Transnational Corporation
MNC Multi-National Corporation
USC Universal Social Charge
USP Unique Selling Point
VAT Value Added Tax
WC Working Capital
WRC Workplace Relations Commission
WTO World Trade Organisation
WWW World Wide Web
Created by: RoryOC88
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