What do the following letters stand for? Write each answer in the space provided - Leaving Cert Business - Question 1 - 2020
Question 1
What do the following letters stand for? Write each answer in the space provided.
SWOT
CEO
PLC
Worked Solution & Example Answer:What do the following letters stand for? Write each answer in the space provided - Leaving Cert Business - Question 1 - 2020
Step 1
SWOT
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Answer
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. This framework is often used in strategic planning to evaluate these four aspects related to a business or project.
Step 2
CEO
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Answer
CEO stands for Chief Executive Officer. This is the highest-ranking executive in a company, responsible for making managerial decisions and overseeing the overall operations.
Step 3
PLC
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Answer
PLC stands for Public Limited Company. This refers to a type of company that offers its shares to the public and has limited liability to its stakeholders.
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