BEN Unit 12-28

BBA HS 15/16 Voci Unit 12-28, mit englischer Definition, eingebaut in einem Satz + deutsche Übersetzung

BBA HS 15/16 Voci Unit 12-28, mit englischer Definition, eingebaut in einem Satz + deutsche Übersetzung


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Crée / Actualisé 21.10.2015 / 30.11.2017
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competitive advantage/edge

superior products, performance etc. that a competitor can offer in relation to others and which give it a lead over its rivals

Wettbewerbsvorteil

competitive strategy

a plan or plans for success in relation to competitors, and the study of this in business schools

Wettbewerbsstrategie

Michael Porter defines the five competitive forces.

He invented a competitve strategy.

Wettbewerbsstrategie

A successful firm has to build and maintain its competitive advantage in relation to these forces.

A successful firm has to keep its competitive advantage in relation to these forces.

Bilden und beibehalten

Suppliers, potential entrants, industry competitors, substitutes, buyers

Anbieter, potentielle Teilnehmer, Branchenkonkurrenz, Ersatz, Käufer

SWOT stands for strengths, weakness, opportunities, threats.

Stärken, Schwächen, Chancen und Risiken

The company should also look at opportunities and treats in its environment.

The company should look in its surroundings.

Umfeld

These are external factors. For example, a change in a country'  legislation on broadcasting might represent an opportunity for a group that wants to buy a television company there.

äussere Faktoren

The particular ways that a company organizes and combines its human resources, konw-how, equipment and other asets are call its core competencies.

Kernkompetenzen

These are internal factors.

The factors, which involve human resources, know-how, equipment and other assets.

Innere Faktoren

Porter says that competitive advantage can be based on cost leadership

Offering products or services at the lowest cost. This is one strategy to adopt in volume industries with competitors producing large numbers of similar products.

Kostenführerschaft

Offering products or services at the lowest cost. This is one strategy to adopt in volume industries with competitors producing large numbers of similar products.

Verschiedene Industriebranchen

Porter says that competitve advantage can be based on differentiation.

Offering products or services that give added-value in terms of quality or service compared to competitors.

Spezialisierung

Offering products or services that give added-value in terms of quality or service compared to competitors.

wertschöpfend

Porter says that competitive advantage can be based on focus.

Combining elements of the above two strategies to concentrate on a niche.

Schwerpunkt

Combining elements of the above two strategies to concentrate on a niche.

A specific part of the market with particular needs.

Nische

The danger, says Porter, is when a company does not follow any of these particular strategies and is stuck in the middle.

 

Mittendrin stecken bleiben.

In some industries, like steel or tyres, there are few companies: thes industries are concentrated.

These are industries with just a few key players.

konzentriert

These are industries with just a few key players.

Industries which are concentrated.

Hauptakteure

Other industries are fragmented.

A little marekt share.

fragmentiert

Mac Donald's only has a market share of less than 1 per cent in terms of all restaurant meals served worldwide.

Mac Donald's share the market with its competition.

Marktanteil

Some industries have low entry barriers.

Anyone with a small amount of capital can open a restaurant.

Niedrige Marktzutrittsschranken

If an industry has low entry barriers and is attractive because of its high potential profitability, ther may be new entrants.

It is interesting because of its high potential profitability.

attraktiv

If an industry has low entry barriers and is attractive because of its high potential profitability, ther may be new entrants.

It is attractive because of its high earning power.

Rentabilität, Wirtschaftlichkeit

If an industry has low entry barriers and is attractive because of its high potential profitability, there may be new entrants.

There may be new competitors.

Teilnehmer

Such investments are high entry barriers, and new entrants to the industry are rare.

It's difficult to enter a market.

Hohe Marktzutrittsschranken

Some companies are very acquisititve.

Buying competitors in their industry or companies in other industries in a sries of acquisitions or takeovers, which they may refer to as strategic acquisitions.

 

ewerbstüchtig

Buying competitors in their industry or companies in other industries in a sries of acquisitions, which they may refer to as strategic acquisitions.

takeovers

Übernahmen

Buying competitors in their industry or companies in other industries in a sries of acquisitions or takeovers, which they may refer to as strategic acquisitions.

strategic take-overs

Strategische Übernahmen

Or a company may merge with another company of similar size.

Combine as an equal.

fusionieren

A company may also own or buy its suppliers and customer companies in a situation or process of vertical integration.

Vertikale Integration

The result of this may be an unwieldy conclomerate, which may not be easy to manage profitably as a group.

a holding company with a large numer of subsidiaries.

schwerfälliges System

A holding company with a large numer of subsidiaries.

Tochergesellschaften

Supporters of conglomerates pointed to portfolio theory.

The idea that when demand fpr goods or services of one of the companies in the group was weak.

Portfoliotheorie

Many conglomerates have disposed of or divested their non-core business.

selling them off in order to concentrate on their core business.

loswerden

Many conglomerates have disposed of or divested their non-core business.

selling them off in order to concentrate on their core business.

ausgliedern

Many conglomerates have disposed of or divested their non-core business.

Nicht Kerngeschäft

Selling them off in order to concentrate on their core business.

sich konzentrieren auf

selling them off in order to concentrate on their core business.

Kerngeschäft

This is related to the make or buy decision.

Where the companies decide whether to produce particular components or perform particular functions in-house or, on the other and, to buy them in form an outside supplier.

Selber machen oder kaufen