BEN1 / Voc. 12-28
All words 1/2
All words 1/2
Kartei Details
| Karten | 223 |
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| Lernende | 19 |
| Sprache | English |
| Kategorie | Englisch |
| Stufe | Universität |
| Erstellt / Aktualisiert | 25.10.2016 / 12.12.2017 |
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defects per million
used for talking about how many mistakes or faults there are in every million parts, operations, etc.
functional benchmarking
when a company looks at how other companies in a different business do a particular activity in order to learn good ways of doing things
internal benchmarking
the process of measuring and comparing the performance of different departments of a company
reverse engineering
the process of taking apart and copying another company's product
six sigma quality
a level of quality in which there are fewer than 3.4 faults per million parts
two sigma quality
a measurement of quality in which there are 45'000 faults for every million parts
zero defects
no faults
assets
the things that a company has such as buildings, equipment, expert knowledge, etc.
attack a market
to start selling something for the first time
commitment
belief in something and wanting it to succeed
defend a market
to try to prevent companies that are competing agains yours from being successful in the market
dominate a market
to control a market by having a lot of power or influence
establish a foothold in a market
to have a small position in a market with the hope of having a bigger position later
estabilsh a toehold in a market
to have a small position in a market with the hope of having a bigger position later
formulate strategy
to decide on a plan for achieving success
implementation
the process of putting a plan or system into operation
invade a market
to start to be very successful in a particular market
mission statement
a statement of what a company or organization's main aims are
objective
something that you plan to do or achieve
planning
the process of thinking about what you are going to do and how you are going to do it
profitability
the amount of money that is made in relation to how much is spent
resource allocation
the way that money, people and equipment, etc. are going to be used to achieve something
resources
the materials, skills and knowledge that a company uses
strategic acquisition
when a company buys another company as part of its business plan
strategic desicion
a decision that a company makes that is very imortant for its future
strategic goal
something that a company wants to achieve
strategic move
an action with a particular purpose that relates to a company's aims
strategic partnership
when two companies or organizations work together to achieve something
strategic success
when a certain strategy is measured in order to see its success, usually financially
strategic vision
clear ideas about what you need to do to achieve success
strategy
a detailed plan for achieving success in situations such as war, politics, business, industry or sport, or the skill of planning for such situations
vision
the idea you have about what you will achieve and what something will be like in the future
withdraw from a market
to stop selling something in a particular market
competing
involving or relating to competitions
competing bid
an offer to pay a particular amount of money to take over a company
competing offering
a product from a different company
competing product
a product from a different company
competing supplier
a company that offers similar products or services
competing technology
a different technical way of doing something
competitive
offering real advantages or cheaper prices
