BusE1

Online Activity 5-7

Online Activity 5-7


Set of flashcards Details

Flashcards 34
Language English
Category English
Level University
Created / Updated 04.06.2017 / 05.06.2017
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the main factor that enables a company to achieve sth.

 

key

unpredictable as it is impossible to say wether the outcome will be successful or not

hit and miss

factors that make a company better than its rivals a condition wich allows a company to operate more efficiently than its competitors

competitive advantages

make large amounts of money

earn significant sums

income from giving other companies the right to do, own or use sth.

income earned by a company for letting others use its copyrighted/patented material

licensing revenues

establish one’s own company

set up

production companies or people that produce goods in large quantities

manufacturers

succeeded in acquiring a portion

claimed a 50% share of

considerable or noteworthy progress

a genuine step forward from

the official right to be the only person to make, use or sell a product

patent

quality of being the only one of its kind 

uniqueness

the finance needed for labor, capital, land or technology for producing a product

cost production

a privilege reserved completely for a particular person or group

exclusive rights

made better or more effective

honed

able to be sold; wanted by buyers or employers

marketable

the capacity to remain (bleiblen) strong and in good condition over a long period of time

durability

a planning document that specifies what something hast to achieve, how, and when

design brief

a cost of a product or service that is set high to give it appeal through exclusivity

premium price

an idea, invention, or process from the human mind that has commercial value

intellectual property

the debut of actions or events that together show how things normally happen

pattern

the debut of a product into the market

launch

to use for a particular reason

apply / employ

happening or existing now

current

the reduction of per-unit costs through an increase in production volume

economies of scales

a market that has little or no chance of further sales as all prospective customers have the product

saturated

identifiable groups of individuals, families, businesses, or organizations, sharing one or more characteristics or needs

market segments

distinctive attributes or aspects of sth

features

time characterized by reduction of sales revenue and fewer customers

decline period

companies that sells the same goods or services

competitors

strongly whished for or wanted

desired

... ideas

... a problem

... a product

... research