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MARKET LEADER LONGMAN - RECNIK ekonomskih termina
Abolish – cancel, call off Abusive – insulting A network – a large number of people or organizations working together as a system Acquisition – buying or taking over another company Agenda – a list of the subjects to be discussed at a meeting Asset – something belonging to an individual or a business that has value or the power to earn the money Astute – to be clever and intuitive Brand awareness – the knowledge which consumers have of a brand Barriers – something that makes trade between two countries more difficult or expensive, for example a tax on imports Beneficial – Producing or promoting a favorable result; advantageous Blueprint – a detailed plan or scheme Brainwave – a sudden inspirational bright idea Brand Image – the ideas and beliefs which consumers have about brand Brand loyalty – the degree to which people buy a particular brand and refuse to change it Break – a change for a short period Breakthrough - success Bribe – money that is paid secretly and dishonestly to obtain someone’s help Bond – an amount of money borrowed by a government or organization Boom – a time when share prices are very high Calm – Nearly or completely motionless; undisturbed Cash cow – a profitable product or business generating a steady flow of sales revenue Cemented – strengthen Charismatic – communicative, open Classic – a famous brand with a long history Code of ethics – moral rules or principles of behaviour Collapsed – ended suddenly Commission – an amount of money paid to someone according to the value of goods they have sold. Compelled – under the pressure Compensation – an amount paid to someone because they have hurt or harmed in some way Conman – someone who tries to get money from people by tricking them Consortium – a group of companies in similar
businesses working together
Copied – followed suit Copyright abuse – to copy someone else’s work, for example their designs, without permission Corporate strategy – plans of a company to achieve its objectives Counterfeiter – a person who copies goods in order to trick people Crooked – one who makes a living by dishonest methods Customs – the department responsible for collecting the tax on goods that have been brought into the country Deceit – when someone tries to gain an advantage for themselves by tricking someone Dismissal – when someone is removed from his job Deregulation – if a government deregulates a particular business activity, it allows companies to operate more freely Disclosure – the act of giving information about someone Dumping – when selling products in export market are cheaper than the home market Easy-going – Living without undue worry or concern Efficient - Acting or producing effectively with a minimum of waste, expense, or unnecessary effort Emphasize – to make something important Endorse – if someone say something good about product in advertisements Estate - A landed property, usually of considerable size Eventually – in the end Explosion – great increase in buying and selling, usually shares Extrovert – lively, open to others, friendly Feasible – Used or dealt with successfully; suitable Flight of capital – a movement of large sums of money out of country Franchising – an agreement in which a company gives a business the right to sell its goods or services in return for payments Fraud – a method of illegally getting money from a person or organization Free port – a port where import duty doesn’t have to be paid on imports that are to be sent to another country Futures – buying and selling futures contracts Gauging – measuring Gather pace – is in progress, boom Give and take – compromise, concession Global offensive – taking strong action all over the world Ground-breaking – Characterized by originality and innovation Hand out - give Hard-working - characterized by hard work and perseverance Heavy selling – selling all of their shares High-flyer – successful person Impractical – Incapable of dealing efficiently with practical matters, especially finances Industrial espionage – the activity of secretly finding out a company’s plans, details of its products etc Industrialist – a powerful business person controlling large companies Infant industries – an industry in its early stages of development in particular country Infrastructure – basic facilities and services of a country Ingenious – Marked by inventive skill and imagination Insider trading – when someone uses knowledge of particular company, situation that is not available to other people in order to buy or sell shares Integrity – the state of being united or kept together as one whole unit Interest – an amount of money paid by a borrower to a lender Issue – important subjects that people discuss Fundamentals – the essentials Jingles – A catchy, often musical advertising slogan Joint venture – two or more companies join temporarily to carry out a large project Kiosks – small open-fronted shop in the street for selling newspapers, etc. Laisser-faire – the idea that governments should allow private business to develop without control or influence Launch – To introduce to the public or to a market Law abiding – related to a person or organization that does not break the law Lead-time – the time taken in planning and producing a new product, before it is actually ready for sale Leading edge – the area of activity where the most modern and advanced equipment and methods are used Leader – the brand with the largest market share Leaflets – A printed, usually folded handbill or flier intended for free distribution Level-off – stop climbing or growing and become steady or continue at a fixed level Liberalize – to make a system, laws or moral attitudes less strict Licensing – giving someone the exclusive right to sell products in certain area Licensing rights – agreement which allow a company to make and sell a registered product locally Limited company – a company where individuals shareholders lose only the cost of their shares if the company goes bankrupt Local partner – a person or company who cooperates with a foreign company who wishes to enter the market Logo – the symbol of a company or other organization Loss leader – product sold unprofitably in order to attract customers who will then buy profitable product Loyalty – the tendency of a customer to continue buying a particular product Luxury – a brand associated with expensive, high quality products Manager – the person responsible for planning and managing a branded product Marketable – Fit to be offered for sale, as in a market Market nicher - a market for product or service, expensive or unusual one Market share – a special area of market which has its own particular customers and requirements Mass market – concerned with non-luxury goods that sell in large quantities Merchandise – goods for sale Minutes – an official written record of what is said and decided at meeting Mission statement – a written statement made by organization, intended to communicate its aims to customers, employees… Moody – Given to frequent changes of mood Network – a large number of people or organizations working together as a system Niche - a special area of market which has its own particular customers and requirements Overvalue – sold at too high a price Partnership – relationship between two people, organizations or countries that work together Patent – an legal document giving a person or company the right to make or sell a new invention, product Persuade – to talk someone to do something Peak – highest point Pioneer – the first person or organization to do something that other people will later develop or continue to do Pointless – Lacking meaning; senseless Point-of-sale – A business or place where a product or service can be purchased Poured - To move or perform an activity at maximum speed or intensity Prime-time – the time in the evening when most people are watching television, and the cost of advertising is very expensive Profitability – the ability of a business to make money Promote – an activity such as special advertisements intended to sell product Protectionism – the idea that government should try to help industry by taxing foreign goods Prototype – a model or initial version of something Punctual – Acting or arriving exactly at the time appointed Qiuck-tempered - Easily aroused to anger Quotas – an official limit on the number or amount of something that is allowed in particular period Recruitment – the process of finding new people to work Restrictions – an official rule that limits or controls what people can do or what is allowed to happen Restructure – to change the way something is organized Return – the amount of profit made from investment Rip off – to copy someone else’s work, for example their designs, without permission Royalty – fortune Rocketed – went up very fast Rule the roost – have control Saturate – to fill market so completely that no more products can be added Sacked – to be fired from work Seconded – to officially support a suggestion Sector – a part of a larger market Segments – parts of a larger market or category of customers Sign away – give up, reject Sleeping partner - a partner who invests in a business but does not take part in managing it Slogans – A phrase used repeatedly, as in advertising or promotion: Slush fund – an amount of money collected for illegal purposes, especially by politician Soaring – rising quickly Sole trader – legal form of company in some countries for someone who has their own business, with no shareholders Spectrum - variety Sponsorship – One that finances a project or an event carried out by another person or group, especially a business enterprise that pays for radio or television programming in return for advertising time Start up – a new company that has been started recently State of the art – using the most modern methods, materials and knowledge Stock market – place where people sell goods Strategic industry – an industry that a country considers very important for its economic development Stretching – using a successful brand name to launch a product in new category Subsidiary – a company partly or wholly owned by a parent company Subsidize – if a government or organization subsidize a company, activity etc, it pays part of the cost Sweetener – something used to make an offer, suggestion etc more attractive Swindler – a someone who gets money from someone dishonestly by deceiving them Switching – changing one thing for another Take over – to take control Tariffs – a tax on goods coming into a country or going out of it Took off – became very active To rip off – to sell illegal copies of a brand as if they are a real thing To tailor – to put something together so is exactly right for someone’s needs Trustworthy - a person or organization that is trustworthy can be trusted and depended upon TV slot – a place in a television schedule Viable – Capable of success or continuing effectiveness; practicable Venture – a new business activity that involves taking risks Volume – the total amount of something Unlimited company – a company whose shareholders will lose all their money and if the company goes bankrupt Upmarket – expensive compared to other products of the same type Venture capital – money lent to someone so that they can start a new business Welfare benefits – money paid by the government to people in need Whistleblower – someone in organization who tells the authorities that people in the organization are doing something illegal, dishonest, or wrong Word-of-mouth – Spoken communication