What do the following letters stand for? Write each answer in the space provided - Leaving Cert Business - Question 1 - 2019
Question 1
What do the following letters stand for? Write each answer in the space provided.
AGM
AOB
EGM
Worked Solution & Example Answer:What do the following letters stand for? Write each answer in the space provided - Leaving Cert Business - Question 1 - 2019
Step 1
AGM
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Answer
AGM stands for Annual General Meeting. This is a formal meeting held annually by the company’s shareholders. During the AGM, the directors present the annual report, and shareholders can ask questions and vote on various matters.
Step 2
AOB
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Answer
AOB refers to Any Other Business. This is a standard item on the agenda of meetings, allowing attendees to discuss additional topics that were not covered in the formal agenda.
Step 3
EGM
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Answer
EGM stands for Extraordinary General Meeting. Unlike the AGM, this type of meeting is not scheduled regularly and is called to address urgent matters that arise between annual meetings, usually requiring immediate attention from the shareholders.
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