Unit 2 Business SGH Angielski

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質問 答え
Inward investment
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inwestycje wewnętrzne
Emerging market
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New and increasing demand or consumer purchasing activity
recovery
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upswing
growth
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expansion/boom
Recession
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contraction/ downturn
depression
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slump
Gross domestic product
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PKB
Outsource
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subcontract
Foreign subsidiaries
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a parent company directly owns a company in another country. Business operations are under the control of local management although head office is responsible for global strategy
Joint ventures
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a partnership in which two or more companies (often from different countries)
Cut red tape
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cut bureaucracy
Tariffs
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taxes
Quotas
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limits
Trade surplus
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positive balance of trade
Trade deficit
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negative balance of trade
Balance of payments
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it includes imports and exports of goods
Exchange rates
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currencies
Strategic alliance
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a long term partnership might be between two companies of very different sizes such as a large manufacturer and one of its suppliers
Subsidiary
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a company owned by the parent company or holding company
Competitors merge
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join together
Subsidy
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money paid by a government to support a business
Recovery
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upswing
Growth
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expansion/ boom
recession
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contraction
Downturn
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slowdown
Depression
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slump
royalty
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a company gives the right to manufacture its product to a foreign company for a fee
License
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A legal document giving official permission to do something; a permit
franchising
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it is usually used for a small business in the retail the name and brand image is always retained
Outsourcing
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an international company uses a low- cost manufacturer in another country and then sells the products under its own brand name in other markets

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