Indicators 1 & 2 - Business Vocabulary PDF

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FervidSard3948

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business vocabulary economics terms business trends business definitions

Summary

This document provides definitions and explanations of various business-related terms. It covers topics including finance, economics, motivation, competition, and trends. The vocabulary is intended for a university-level audience.

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Indicators 1 Finance (mangement, study of money) High finance (large amount of money) (a person’s...) finances (money somebody has and how it is used) (to be) financial ( Economics (study of money, how it is used, how does it work) (to be) economic (to be cheap) (to be) uneconomic (expensive) Econo...

Indicators 1 Finance (mangement, study of money) High finance (large amount of money) (a person’s...) finances (money somebody has and how it is used) (to be) financial ( Economics (study of money, how it is used, how does it work) (to be) economic (to be cheap) (to be) uneconomic (expensive) Economic Indicators (how well a country’s economy is working) (a country’s) economy (economy system) Inflation Inflation rate inflationary (to be) unemployed (level of) unemployment (to be) out of work (to be) jobless The jobless The balance of payments (diff. Money come in and going out) The trade balance (diff. Imports and exports value) (to have a) trade surplus (more export) (to have a) trade deficit (more import) The trade gap (amount of trade deficit/surplus) Economic output Gross domestic product (GDP) (all goods etc in one country) The gross national product (GNP) (all income also from abroad) Growth The growth rate To grow Indicators 2 Going up To advance (increase/ vorantreiben/ steigen) To jump (up) (to go up quickly) (set to) skyrocket (going to rise a lot) To leap (to go up quickly) To soar (rise quickly) To surge (to increase) Going down To axe (cut of / streichen / kürzen) To cut (to reduce) To ease (to go down slightly) To plummet (fall a lot/ to tumble) To slash (reduce a lot) To dive to (to drop / fallen/ abstürzen auf) To level off (abflachen, sich stabilisieren) To remain steady (Konstant bleiben) To remain stable (konstant bleiben) A peak (highest level) to peak (reach highest level) A trough (lowest point) To bottom out (to reach the lowest point) The demand The boom The stagnation (growing slowly or not at all) The stagflation (growing slow and rising prices) The recession (negative growth) A negative growth (negatives Wachstum) A slump (very bad recession) A depression (very bad slump) Motivation 1 Satisfaction responsibility use their initiative participative decision-making process empowerment (Verantwortung übernehmen, Entscheidungen treffen) valued motivation morale well-being job satisfaction subordinates (Untergebene) working under me supervision authoritarian discipline disciplinary procedures imposed (auferlegt sein) consultation Theory X Theory Y Motivation 2 dissatisfaction hygiene factors supervision policy working conditions salary peer relationships security achievement (successful in reaching goals) recognition positive feedback the work itself responsibility advancement (Weiterentwicklung / Fortschritt) career ladder personal growth to consult (sich beraten lassen, Rücksprache halten) the hierarchy to delegate the delegation (to be) hierarchical TRENDS VOCABULARY 2 SIZE big considerable (beträchtlich) enormous gentle (klein) hefty (schwer, wuchtig, massig – a hefty price/ Ein hoher Preis) huge major (bedeutend, groß - A major decision/ Eine wichtige Entscheidung) massive moderate modest (bescheiden, zurückhaltend) negligible (vernachlässigbar, unbedeutend) significant sizable (beträchtlich, groß, erhehblich) slight (gering, schmal, schwach) small SPEED fast rapid slow sluggish (träge, langsam, schleppend) steady (stabil, gleichmäßig) swift (schnell, zügig, flink) QUALITY catastrophic disappointing (enttäuschend) disastrous encoúraging (ermutigend, aufmunternd) promising (vielversprechend) spectacular Companies and their industries competitive forces (Wettbewerbsvorteile) Potential entrants Suppliers Industry competitors Buyers Substitutes competitive strategy to build to maintain (aufrechterhalten, bewahren) competitive advantage (Wettbewerbsvorteile) Strengths weaknesses opportunities Threats environment external factors core competencies internal factors cost leadership volume industries added-value focus niche Markets and competitors (If a company XXX a market) To penetrate (eindringen/ vordringen) To enter (eintreten) To abond (stop selling) To get out of (stop selling) To leave To dominate (most import. Company selling) to corner (being the only company) to monopolize (being the only company) to drive another company out of (verdrängen) Market... growth segment segmentation share (Anteil) leader Competitor Rivals To compete (konkurrieren) Key Player Competition intense stiff (hard competition) fierce (erbitterter Kampf) tough low-key (zurückhaltend) COMPETITION Cut-throat (rücksichtslos) ferocious (wild, grausam, heftig) intense fierce (heftig, wild) stiff (hart, streng) encourage (fördern) intensify sharpen (schärfen, verbessern) harm (schaden, verletzen) inhibit (hemmen, verhindern) stifle (unterdrücken, ersticken) minor players (kleine Akteure) competing (konkurrierend) competitive (konkurrenzfähig) competing products competitive products Competing... - bids - offerings - suppliers - technologies Competitive... - position - pressure - price - threat - advantage/ edge - strategy Team Common purpose (gemeinsames Ziel) individuals teamwork team building engagement commitment (Hingabe, Verpflichtung) Team... Leader effort performance dynamics effectiveness learning Team players... The Implementer (setzt Pläne um) The Coordinator (Organisiert und fördert Teamarbeit) The Sharper (Treibt an, dynamisch, ergebnisorientiert) The Plant (kreativ, innovativ, bringt neue Ideen) The Resource Investigator (bringt externe Resourcen ein, knüpft Kontakte) The Monitor Evaluator (Analytisch, bewertet Ideen objektiv) The Team Worker (Unterstützt, schafft Harmonie) The Completer Finisher (Detailorientiert, Perfektion) Stages of team life forming storming norming performing mourning (work finished, think about the work done)

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