KYC means Know Your Customer, and KYC is marked as a standard in the investment industry to establish a long-lasting relationship with clients. KYC includes the clients’ details, financial position, and tolerance to any financial risk, and KYC ensures that the financial advisor...
PDS stands for Product Disclosure Statement. PDS is the document that contains all the details related to a financial product. PDS is introduced to clarify the financial product such as insurance to the potential buyer. PDS helps the client to decide...
In an organization, CRM is referred to as Customer Relationship Manager. CRMs are professional communicators that establish good and long-lasting relationships with the top customers or clients of the organization. CRM’s key priority is to gain the trust of new customers,...
TDS stands for Tax Deducted at Source. TDS means an amount of money that the employer of an assessee deducts as tax. The employer further deposits this tax amount on behalf of the assessee to the Income Tax Department. The amount is deducted...
The full form of NDA is Non-Disclosure Agreement. It is an agreement signed between two parties wherein one party wants the other party to keep the information confidential. It is a secret agreement, and parties are legally bound to follow the...
The full form of CEO is Chief Executive Officer. He is in the dignified and highest position in an organization. The CEO has multiple roles to play in an organization. They craft out the plan, implement it, and review it periodically to...
The full form of AWS is Amazon Web Services. It is the biggest cloud computing services provider that offers more than 200 featured services. AWS has a wide range of client bases – from small to large and Government organizations. AWS offers...
The Full form of BCG is Boston Consulting Group. BCG is a successful company of business consultancy which Bruce Henderson founded. The founder of BCG had a great vision that helped the company grow in the world’s ever-changing economic and business...
The Full form of CFL is Compact Fluorescent Lamps. These are made with the new technology that has replaced the conventional mode of lightning – incandescent bulbs. It is replacing the use of these bulbs almost everywhere – in homes, businesses,...
British Telecommunication is the wholly-owned subsidiary of BT Group that provides telecommunication services, network services, and communication services in more than 180 countries. The BT Group is a renowned company listed on London Stock Exchange. At the closing of 2021, the...