7 Flashcards
Renumeration
total compensation that an employee recives in exchange for the servise
he perform for their employer ( salery, social benefit)
Trade Union
organisation of workers in purpose With achieviny some goals
Profit sharing plans
payments to employees that depend on company profitobility
receipt
formal, written document indicating that something valuable has been received
niche
group of people with particular needs
Fixtures and figures
things such as light that are fixed and fastend to a gouse or building
and are included as a part of property when it sold
trade mark
name sign o design, used on a product to show its made by a particular
company
stock turnover
value of stock held by a busines in relation to its sales during a year
protectionist measures
goverment impose tarrifs duties, to protect domestic market
high value niche market
expensive good
opening inventory
the goods are purchase for the opening of outlet
globalization
tendency of world economy works as a one unit lead by international corp.
doing the bussines all over the world
joint venture
a bussines activity, when 2 or more companies have invested together.
Infrastructure
basic fasilities and services of a country for example water, power, roads.
Laiscer fair/deregulation
goverment do not intervene in trade