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What do the following letters stand for? (Write each answer in the space provided.) AGM PLC AOB - Leaving Cert Business - Question 1 - 2011

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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

96%

114 rated

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

99%

104 rated

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

96%

101 rated

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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