a person who provides expert advice to company | consultant |
a situation of danger or difficulty | crisis |
a new idea or method | innovation |
sth you plan to do or achieve | objective |
when somebody is raised to a higher or more important position | promotion |
the section of the economy under government control | public sector |
a plan for achieving success | strategy |
a person with less imortant position in an organization | subordinate |
interactions between employers and employees or managers and workers | labour relations |
knowing that there is little risk of losing one's employment | job security |
money paid (per hour or day or week) to manual workers | wages |
advantages that come with a job apart from pay | perks, benefit |
things that encourage people to do sth | incentives |
without any particular abilities acquired by training | unskilled |
regulary switching between different tasks | job rotation |
a company's shared attitudes, beliefs, practices and work relationship | corporate culture |
believing that the group is more important than the individual | collectivist |
reducing demands or changing options in order to agree | compromise |
a face-to-face disagreement or argument | confrontation |
people of influence or importance with whom you are associated | connections |
looking directly at the people you are talking or listening to | eye contact |
an invented word combinig worldwide and regional concerns | glocalization |
to do sth when necessary without having already planned it | improvise |
to cut into someone else's turn to speak | interrupt |
understanding or knowing without consciously using reason | intuition |
thought based on reason and judgement rather than feelings and emotions | logic |
to be humiliated or disrespected in public | lose face |
respect prestige or importance given to someone | status |
the number of people needed to start and sustain a change | critical mass |
top levels of management | leadership ranks |
doing better than others, financially | outperforming |
the ability to make a good return on capital invested in the business | profitability |
the amount of money a company earns on the investment of its shareholders | return on equity |
meet ot find unexpectedly or by accident | come across |
required, obligatory, necessary according to the law | compulsory |
an officially imposed number or quantity | quota |
done by choice without legal obligation | voluntary |
obeying laws and regulations | compliance |
the ending or termination of an organization | dissolution |
trainees, people still learning their job | apprentices |
someone who changes their beliefs | convert |
being officialy responsible for sth | accountability |
agriculture and the extraction of raw materials from the earth | primary sector |
manufacturing industry in which raw materials are turned into finished products | secondary sector |
the commercial services that help industry produce and distribute goods to their final consumers | tertiery or service sector |
products sold to other countries | exported goods |
property: buildings such as offices, houses, flats or apartments | real estate |
work done in return for money | labour |
to move your factories to another region on country | delocalized |
to use other companies to do work your company previously did itself | outsourced |
firmly fixed in sth or part of sth | embedded in/woven into |
the quality of people's lives | standard of living |
someone who establishes a company | founder |
the potential cost of taking a chance | risk premium |
the value of a business activity | equity |
causing trouble and stopping sth from continuing as usual | disruptive |
increasing or decreasing more and more quickly as time passes | exponentially |
the obtaining of supplies | procurement |
the state of being successful and having a lot of money | prosperity |
the situation when sth is not likely to change | stability |