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Abbreviations Used in This Report


Small and Medium Businesses in New Zealand: Report of the Small Business Advisory Group 2004

[ Last Updated 3 November 2005 ]


ACC: Accident Compensation Corporation
BITC:Business In The Community - a business mentoring organization
Biz:The free information and advisory services provided by NZTE, including the website [external link]
CER:Closer Economic Relations (between New Zealand and Australia)
ERMA: Environmental Risk Management Authority
FBT:Fringe Benefit Tax
FRST:Foundation for Research Science and Technology
FTE:Full-time equivalent - defined in business statistics by Statistics New Zealand as the total number of employees and working proprietors working full-time in a business plus half the number of employees and working proprietors working part-time
GDP:Gross Domestic Product
KPI:Key Performance Indicators
MED: Ministry of Economic Development
NZTE: New Zealand Trade and Enterprise
OECD:Organisation for Economic Co-operation and Development
OSH:Occupational Safety and Health - a part of the Department of Labour
R&D: Research and Development
SME: Small and medium-sized enterprises

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