Business Vocabulary Test2
Business Vocabulary Test2 NB
Business Vocabulary Test2 NB
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Flashcards
Six Sigma
less than one defect in 300'000 components
need to be nearly flawless
nearly without faults
ensuring consistent
ensuring it is without unwanted variations
predictable processes
you know what you're going to get (processes)
strategy (countable)
plan or series of plans for achieving success
strategy (uncountable)
study of the skills, required to make plans
profitability
amount of money it makes in relation to the amount invested
resource allocation
the way resources are used to achieve a particular goal (Betriebsmittelzuweisung)
resources such as assets
Anlagegüter
objective
goal, aim
formulate strategy
to create and write the strategy (entwerfen, formulieren)
our visions are in our mission statement
Leitbild
A strategy requires commitment
benötigt Verpflichtung
work towards the implementation
putting it into practice (Umsetzung)
strategy acquisition
when one company buys another for strategic purpose (Zweck)
defends a market
tries to prevent (verhindern) competitors from being successful (verteidigen / schützen)
attacks a market
start selling there for the first time
establishes a foothold / toehold in - a market
it occupies (besetzten) a small part of the market in preparation for gaining a larger part
invades a market
starts to be very successful there
withdraws from a market
stops selling there
competition
Konkurrenz / Wettbewerb
cut-throat competition
Verdrängungswettbewerb
ferocious competition
grausamer Wettbewerb
intense competition
starker Wettbewerb
intense competition
starker Wettbewerb
fierce competition
harter Wettbewerb / harte Konkurrenz
stiff competition
harter Wettbewerb
intensify
increase a competition (verstärken)
sharpen a competition
increase a competition (verschärfen)
to harm a competition
limit competition (schädigen)
inhibit a competition
limit a competition (hemmen / blockieren)
stifle a competition
limit a competition (unterdrücken)
key players
main competitiors (Spielmacher)
minor players
Smaller competitors (unbedeutende Spieler)
competing products
products that compete with each other (konkurrieren)
competitive product
one that has real and specific benefits in relation to others of the same type (wettbewerbsfähig)
competing bids
price offers fro a company in a takeover (Angebot)
competing offerings
products from different companies
competing suppliers
companies offering similar products or services
competing technologies
technical way of doing something