→ Kolokwium Angielski 21.05 Vol.2 → Start Learning / Download MP3 Flashcards

start learning

Question		Answer
downturn start learning		a decline in economic activity
expectations start learning		the way people think about the future
zmiana na lepsze start learning		upturn
balance of payments start learning		bilans płatniczy
equilibrium start learning		a state of balance
fiscal policy start learning		govenment actions concerning taxation and public expenditure
monetary policy start learning		goverment or central bank actions concerning the rate of growth of the money in circulation
Keynesianism start learning		the economic theory that ggoverment monetary ad fiscal policy should stimulate business activity and increase employment in recession
casual work start learning		temporary employment that is not regular or fixed
contract work start learning		temporary employment by an organization to do a specific project or piece of work
delayering start learning		removing unproductive parts of the management hierarchy to make organizations more flexible
downsizing start learning		decreasing the number of permament employees working for a organization
flexible labour market start learning		a situation in which it is easy for companies to hire on-permament staff
job sharing start learning		employing two or more people on a part-time basis to perform a job normally available to one person working full-time
outsourcing start learning		using other business as subcontractors to supply components or services
rationalization or restructuring start learning		reorganizning a company, in a new way to reduce costs and improve efficiency and effectibeness
relocation start learning		moving some of a business activities
Rightsizing start learning		another way of downsizing, though it could also describe increasing the size of an organization, perhaps as an attempt to correct a previous downsizing
Tariff start learning		a tax charged on imports
Quota start learning		a maximum quantity of goods of a specific kind that can be imported into a country
comparative advantage start learning		produce particular goods more efficiently than some other countreis
absolute advantage start learning		produce goods at a lower cost than any other country
infant industry start learning		one that is in an early stage of development and which cannot survive competition from foreign companies
strategic industry start learning		one which is particulary important to a country's economy
dumping start learning		selling unwanted goods very cheaply usually in other countries
generic start learning		a cheaper copy of a product that is not marked with the producers name

Kolokwium angielski 21.05 vol.2

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