FMCG meaning in Business Organization ?

Answer: What is Fast Moving Consumer Goods mean?

Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG), are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and other consumables.

Fast moving consumer goods have a high inventory turnover and are contrasted with specialty items which have lower sales and higher carrying charges. Many retailers carry only FMCGs particularly hypermarkets, big box stores and warehouse club stores. Small convenience stores also stock fast moving goods; the limited shelf space is filled with higher turnover items.

reference

Full Form	Category
Financial Management for Consumer Goods	Accounts and Finance
First Marketed Consumer Goods	Business
Financial Management Consulting Group	Business
First Manhattan Consulting Group	Business
Fast Moving Consumer Goods	Business Organization
Fort Mason Community Garden	Community
Flight Management Guidance Computer	Computing
Field Managers Course Guide	General
Fast Moving Cheetah Gosh	General
Fast Moving Consumable Goods	General