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Closure may be the result of a bankruptcy, where the organization lacks sufficient funds to continue operations, as a result of the proprietor of the business dying, as a result of a business being purchased by another organization (or a competitor) and shut down as superfluous, or because it is the non-surviving entity in a corporate merger.
Closed-loop communication is a communication technique used to avoid misunderstandings. When the sender gives a message, the receiver repeats this back. The sender then confirms the message, commonly using the word “yes”. When the receiver incorrectly repeats the message back, the sender will say “negative” (or something similar) and ...
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
Functional Acknowledgement – typically "997" in ANSI, or "CONTRL" in EDIFACT, which indicate the message content is verified against its template, and tell if the transaction is posted to the receiver's electronic system. Business Level Acknowledgement – the final indicator shows if the transaction is accepted by the receiver or not.
NYR-NBD, meaning Need Your Response - Next Business Day. Meaning requires a response before the end of the next working day. OoO, meaning Out of Office. Used in corporate emails to indicate that the sender will not be at work. PFA, meaning Please Find Attached / Attachment. Used in corporate emails to indicate that a document or set of ...
This three-word message is one that scammers rely on and could make you high-risk to fall for a scam text: “Would you kindly.” It may seem like a friendly or harmless phrase, but your guard ...
Corporate speak is associated with managers of large corporations, business management consultants, and occasionally government. Reference to such jargon is typically derogatory, implying the use of long, complicated, or obscure words; abbreviations; euphemisms; and acronyms.
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