Shorten long phrases into easily pronouncable, easy-to-remember acronyms
An acronym is a new word formed using the first letters of multiple words. It is pronounced and used as a single word instead of a series of individual letters.
Acronyms are used in various fields, such as government, business, science, and technology. Most uses are seen in written communication, such as emails, memos, and reports, while nowadays, acronyms are also used in spoken communication, like meetings and presentations.
Some commonly used Acronyms in the business industry are:
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