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 | |