BEN1 / Voc. 12-28
All words 1/2
All words 1/2
Set of flashcards Details
| Flashcards | 223 |
|---|---|
| Students | 19 |
| Language | English |
| Category | English |
| Level | University |
| Created / Updated | 25.10.2016 / 12.12.2017 |
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substitute
someone or something that can be used instead of someone or something else
supplier
a company which sells something
SWOT
strengths, weaknesses, opportunities, threats. These ideas are used when comparing a company with other companies that are competing ageinst it
SWOT analysis
this is a tool where companies measure their strengths and weaknesses, and the opportunities and treats that there
threats
possible dangers to the business
volume industry
an industry in which companies produce a lot of similar products
weaknesses
negative characteristics
acquisition
the act of buying something
acquisitive
often buying other companies
attractive
good and worth having or doing
chaebol
a South Korean business in which different memebers of the same family own and manage companies which supply each other
concentrate on
to give most of your attention to one activity or aim
concentrated
a concentrated industry has only a few companies in it
core business
the main business
disposal
the process of getting rid of something
dispose of
to get rid of something
divest
to sell an asset
divestment
the process of selling an asset
entrant
a company that has recently started operationg in a perticular market
family-owned business
a business owned by and managed by several people in the same family
fragemented
a fragmented industry has many companies operating in it
high entry barrier
a difficult thing which must be done that prevents most companies from entering an industry
in-house
done by employees in an organization rather than by another company or person
key player
one of the main companies in a particular industry
low entry barriers
the fact od not having a lot of features which stop a person or company entering a market
loyalty card
a plastic card that allows you collect points when you buy things from a particular company. You can use these points to buy things more cheaply
make our buy decision
a decision that a company makes about whether to make or do something itself, or whether to pay another company to make or do it
market share
the percentage of the total amount of sales of a product or service that a company has
merge
if companies merge, they join together and become one comapny
mergers and acquisition (M&A)
this refers to the aspect of corporate strategy, corporate finance and management dealling with the buying, selling and combining of different companies that can aid, finance and help a growing company in a given industry grow rapidly without having to vreate another business entity
non-core business
a business owned by a company that is not its main business
portfolio theory
the principle that when not many people want the goods or services of one of the companies in a group, a lot more people will want the goods and serices of other companies in the group
profitability
the amount of money that is made in relation to how much is spent
strategic acquisition
when a company huys another company as part of its business plan
subsidiary
a company that is owned by a larger company
takeover
when one company buys another
unwieldy conglomerate
a large company that owns several maller companies and is difficult to manage
vertical integration
a situation or process in which a company owns the companies which provide supplies for it or the companies that it sells its products to
attractive
good and worth having or doing
bring a product to market
to make something available to buy for the first time
