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Business Vocabulary
Business management
In this changing world, it is not uncommon for new markets to open (and close) rapidly, so companies need to have a strategy to move people and resources rapidly from areas of low to areas of a higher ......
a
competition
b
impact
c
return
d
traffic
The paper begins with a brief history of the legal position of national ownership over ..... fishery resources.
coastal
deepwater
offshore
overseas
In systems theory, a system is a collection of parts ..... to accomplish an overall goal; if one part of the system is removed, the nature of the system is changed as well.
unified
unionized
united
unitized
The assumptions that ..... this research are in the first instance that, if it is not reported in the literature, it is questionable whether library and information services are implementing the new management practices.
underlie
underpin
understudy
underwrite
An adapted version of Sveiby's Affrsvrlden model was utilized to identify specific implementation actions and initiatives to be ......
done
given
made
taken
The basic principle is that the market value of a company is driven by the expected future net income from sales of products and services and the ..... that top management's primary goal is to optimize the value of a company.
assent
assessment
assumption
assurance
The focus for many organisations has been streamlining and automating the physical supply chain in order to reduce costs; for ..... practice organisations, the reduction of 1-2% of total costs of fulfilment is critical to keeping a competitive edge.
all
best
in
past
The modern era of inventory management began in 1913 with the publication of a paper by a Westinghouse engineer, Ford W. Harris, on inventory optimization; over the succeeding decades, dozens of new and more ..... inventory optimization techniques were invented.
elaborate
elegant
essential
established
What traits should an effective manager .....?
possess
exude
portray
extol
..... management control emphasizes employee empowerment by encouraging staff members to partake in the decision-making process.
Socialist
Collective
Democratic
Marxist
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