Unit 1 - Management Flashcards
A person who gives professional or expert advice
consultant
A person who founds or establishes something (with another)
(co-)founder
The value of a business, property, etc. in terms of what it can be sold for on the open market
market value
Something that one’s efforts or actions are intended to attain or accomplish (purpose, goal, target)
objective
Advancement in rank or position / encouragement of a sale of a product by advertising
promotion
how successful an investment, company, etc. is and how much profit it makes
performance
The area of the nation’s affairs under governmental rather than private control
public sector
The collective wealth of a country or its means of producing wealth / money, property that can be converted into money (asset)
resources
The return of yield from any kind of property, patent, service, etc. (income) / amount of money regularly coming in
revenue
The owner of one or more shares in a company
shareholder
Special ability in a task, sport, etc.
skill
A group of people employed be a company
staff
Placed in or belonging to a lower order or rank
subordinate
A goal to be reached
target
To manage to do (achieve) / to conclude successfully (complete)
to accomplish