Commonly Used Acronyms and abbreviations

Question 1

OECD

Answer 1

Organization for Economic Co-operation and Development

Question 2

NAFTA

Answer 2

North American Free Trade Agreement

Question 3

TTIP

Answer 3

Transatlantic Trade and Investment Partnership

Question 4

OPEC

Answer 4

Organization of Petroleum Exporting Countries

Question 5

WTO

Answer 5

World Trade Organization

Question 6

BRIC

Answer 6

Brazil, Russia, India, China

Question 7

PIIGS

Answer 7

Portugal, Ireland, Italy, Greece, Spain

Question 8

ECB

Answer 8

European Central Bank

Question 9

FED

Answer 9

Federal Reserve Bank

Question 10

NGO

Answer 10

Non-Governmental Organization

Question 11

SME

Answer 11

Small and Medium-sized Enterprise(es)

Question 12

B2B

Answer 12

Business-to-Business

Question 13

B2C

Answer 13

Business-to-Consumers

Question 14

CEO

Answer 14

Chief Executive Officer

Question 15

CFO

Answer 15

Chief Financial Officer

Question 16

HR

Answer 16

Human Resources

Question 17

R&D

Answer 17

Research and Development

Question 18

GAAP

Answer 18

Generally Accepted Accounting Principles

Question 19

P&L

Answer 19

Profit & Loss

Question 20

ROI

Answer 20

Return on Investments

Question 21

EBIT

Answer 21

Earnings before Interest and Taxes

Question 22

EBITDA

Answer 22

Earnings before Interest, Taxes, Depreciation and Amortization

Question 23

Corp.

Answer 23

Corporation

Question 24

LLC

Answer 24

Limited Liability Company

Question 25

HQ

Answer 25

Headquarter

Question 26

IPO

Answer 26

Initial Public Offering

Question 27

CRM

Answer 27

Customer Relationship Management

Question 28

VAT

Answer 28

Value-added Tax

Question 29

USP

Answer 29

Unique Selling Proposition