What do the following letters stand for? (Write each answer in the space provided.)
AGM
PLC
AOB - Leaving Cert Business - Question 1 - 2011
Question 1
What do the following letters stand for? (Write each answer in the space provided.)
AGM
PLC
AOB
Worked Solution & Example Answer:What do the following letters stand for? (Write each answer in the space provided.)
AGM
PLC
AOB - Leaving Cert Business - Question 1 - 2011
Step 1
AGM
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Answer
AGM stands for Annual General Meeting. It is a mandatory yearly gathering of a company's interested shareholders. During the meeting, the directors of the company present their annual report, which includes the company's performance and future strategy.
Step 2
PLC
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Answer
PLC stands for Public Limited Company. This type of company can offer its shares to the public and is listed on a stock exchange. PLCs have specific regulatory requirements and must adhere to strict governance standards.
Step 3
AOB
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Answer
AOB stands for Any Other Business. This term is used in meetings to refer to additional topics that participants wish to discuss which were not included in the agenda. It allows for flexibility and ensures that concerns not previously addressed can be raised.
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