Karteikarten
Business Organization and Environment
Karten in diesem Stapel (24)
- 1Strategic AllianceA formal agreement between organizations or countries to work together to achieve something.
- 2AcquisitionBuying something from a different company, like another company, a building, or a piece of land
- 3Joint VentureWhere one company and another different company join to form a new company with the same services, products, or beliefs as the previous two companies
- 4GlobalizationThe increase of trade around the world, especially by large companies producing and trading goods across borders.
- 5FranchiseeAn individual or business that is granted the right to sell another party's product
- 6Human ResourcesResponsible for all aspects of managing the people who work in a business
- 7MarketingResponsible for understanding the needs and wants of customers
- 8OperationsOrganizes the transformation process that turns inputs (e.g. materials, people) into finished goods and services
- 9Finance and AccountsManages the financial resources of the business and reports on the financial position and performance
- 10Economies of ScaleThe cost of a product decreases if the amount of its production increases. That’s because the fixed production cost averages over the produced goods.
- 11Diseconomies of ScaleOpposite of economies of scale
If the amount of production increases, the price of the good or service will increase as well - 12Multinational Company (MC)A company or business that conducts business in more than one country
- 13FranchisorA company that develops a product concept and sells others the rights to make and sell the products
- 14Internal GrowthIf a company increases its sales and profits due to business activities within the company
- 15Franchisingthe business of selling people or companies the right to sell the products or services of your company
- 16External GrowthWhen a company grows from external means such as joining or taking over a company
- 17TakeoverA situation in which a company gets control of another company by buying enough of its shares.
- 18MergerA situation where two or more companies join together.
- 19Private sectorowned, controlled and managed by private individuals
- 20Public sectorcontrolled and managed by the government and typically provide vital services, such as roads and health care
- 21Primary sectorBusinesses producing the raw material out of which finished products are made.
It extracts or harvests products from the earth. The primary sector includes the production of raw material and basic foods.
Extractive production - 22Secondary sectorBusinesses using the raw materials produced by the primary industries and change them into finished products.
This is the manufacturing and assembly process - 23Tertiary sectorBusinesses providing services to businesses or individuals
Service industry - 24Quaternary sectorThe quaternary sector of the economy consists of intellectual activities.
Informationen
- Beschreibung
- International Baccalaureate Business Management Karteikarten am Business Organization and Environment, erstellt von Daphne M. am 22/04/2015.
- Erstellt von
- Daphne M.
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- 13
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