Companies and industries
Verbs, Nouns, Adjectives from page 18, FHSG (English Reader)
Verbs, Nouns, Adjectives from page 18, FHSG (English Reader)
Set of flashcards Details
Flashcards | 34 |
---|---|
Language | English |
Category | Macro-Economics |
Level | University |
Created / Updated | 15.09.2014 / 07.11.2015 |
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Nouns: non-durable goods
food, clothing etc.
Nouns: plc
"public limited company": a company whose shares can be traded on the stock market
Nouns: product range
all the products produced by a particular company
Nouns: sales point
place where a product is sold (also: point of sale)
Nouns: sole trader
someone who is self-employed (i.e. the business is owned by only one person)
Nouns: SME
small and medium enterprise (KMU), also: SMB
Nouns: SOE
state-owned enterprises
Nouns: staff position
an assistant (e.g. to the Marketing Director) who has no line authority
Nouns: start-up
a new business or project
Nouns: subsidiary
a company which is owned or controlled by another company
Nouns: superior
She's my immediate superior: the person immedietely above me, my line manager
Adjectives: (de)centralized
if the control of an organisation lies with (does not lie with) one group of people in one place
Useful phrases:
to run the risk of
das Risiko von...eingehen
Useful phrases:
fierce/intense/stiff competition
starker Wettbewerb, ein hart umkämpfter Markt
Useful phrases:
competitive advantage
Wettbewerbsvorteil
Verbs: to compete
(with or against sb) to try to be more successful or better than sb who is trying to do the same as you; adjective: competitive; noun: cometition/ competitor (Konkurrent)
Verbs: to report to sb
if you "report to sb", that person is your boss
Nouns: blue-chip company
a listed company which is thought to be a safe investment and which is likely to make a profit
Nouns: branch
a local office/ shop belonging to a large organisation
Nouns: capital goods
equipment and machinery used to produce other goods
Nouns: chain of command
the line of authority and responsibility in a company
Nouns: cooperative
a business which is owned and run by the people involved, with the profits shared by them
Nouns: Corp./ Inc
corporation/incorporated; a company with legal status (amtlich eingetragen), usually listed on the stock market
Nouns: corporate group
a collection of parent and subsidiary companies
Nouns: department
a section of a large organisation (e.g. the HR department)
Nouns: division
a large and important unit of an organisation (e.g. the sales division)
Nouns: durable goods
goods such as cars, washing-machines etc.
Nouns: family business
a business which is owned and run by a family
Nouns: hierarchy
a system in which people are organised into different levels of importance; adj. hierarchical
Nouns: joint-stock company
a company which is listed on the stock market
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