(1) Industries and companies

 0    24 flashcards    crajsis
download mp3 print play test yourself
 
Question English Answer English
the buildings, machines, and equipment that are used to produce products
start learning
capital goods
a part of an economy, which include agriculture, forestry and mining
start learning
primary industries
industries that manufacture goods rather than producing raw materials
start learning
secondary industries
industries that provide a service for people but does not result in the production of goods (eg banking, entertainment, tourism)
start learning
service industries
items like cars and home appliances that are intended to last several years
start learning
durable goods
goods that do not last for a long time and that people buy often
start learning
non-durable goods
small and medium-sized enterprises
start learning
SMEs
state-owned enterprise
start learning
SOEs
a business where the outside parts of vehicles are repaired
start learning
body shop
a right to sell a company's products in a particular area using the company's name
start learning
franchise
someone who is given or sold a franchise
start learning
franchisee
someone who gives or sells a franchise
start learning
franchiser
the sale of a company, or part of a company, to another business, often in the same industry
start learning
trade sale
the fact that you own something
start learning
ownership
an occasion when two or more companies join together to make one larger company
start learning
merger
the act of buying another company or part of it
start learning
acquisition
goods that are needed and used all the time
start learning
consumer staples
goods that are not basic to people's lives (eg luxury goods, household appliances)
start learning
consumer discretionary
public services used by everyone, such as an electricity or gas supply
start learning
utilities
the activity of buying and selling foreign money, shares in companies, etc. for other people
start learning
brokerage
the activity of selling goods to the public in stores or on the internet
start learning
retailing
the time when you are not working or doing other duties
start learning
leisure
Most people only have a limited amount of leisure time.
a financial organization that buys and sells shares, bonds, etc. for other people and organizations
start learning
stock brokerage
the first sale of a company's shares to the public
start learning
Initial Public Offering (IPO)

You must sign in to write a comment