Acronyms Flashcards
CEO
Chief Executive Officer
- The person who occupies the most relevant position in a company
MD
Management Director
SME
Small and Medium-sized Enterprises
R&D
Research and Development
- What companies do to innovate and create new products and services in order to satisfy their existing clients, and possibly attract some more
HR
Human Resources
- One of the divisions of business that’s responsible for everything that has to do with employees. They find and recrute new job applicants, and coordinate te existing ones
PR
Public Relations
- A person who deals with the public, helping a business cultivate a positive reputation with the public
IT
Information Technology
- Anything related to computing technology
IMF
International Monetary Fund
- International organization that has the mission of promoting growth and financial stability, reducing poverty
ECB
European Central Bank
- The central bank of the eurozone
- It coordinates the EU monetary policy and has the mission of achieving prive stability through low inflation
SWOT
Strengths, Weaknesses, Opportunities and Threats
- It is used to evaluate the company’s competitive position, and then to develop strategic planning
GDP
Gross Domestic Product
- The monetary value of all finished goods and services, produced in a certain country
VAT
Value Added Tax
- General tax that’s applied to all of the commercial activities, and we can also call it a consumption tax, as it is a charge on the final consumer and not on the seller
PSI 20
Portuguese Stock Index
- Aggregates the 20 largest Portuguese companies listed on the Euronext Lisbon
- It is the main reference index of the Portuguese capital market
EBIT
Earnings before Interest and Taxes
EBITDA
Earnings before Interest, Taxes, Depreciation and Amortisation
