COMPETITION - DEFINITIONS

 0    21 adatlap    Julasia_19
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Competition
kezdjen tanulni
a situation when other people/organizations try to be more successful
Competitor
kezdjen tanulni
a person/company that is trying to be more successful than us
Rival
kezdjen tanulni
a person/company that you compete with
Multinational
kezdjen tanulni
a large company with offices/factories in many different countries
Market dominance
kezdjen tanulni
having a more powerful position in the field of trade
Founder
kezdjen tanulni
someone who establishes a business or an organization
Earmark
kezdjen tanulni
to decide that something will be used for a particular purpose or done in the future
Roll-out
kezdjen tanulni
an occasion when a new product is made available for people to buy/use
Head-to-head
kezdjen tanulni
competing directly with another person/group
Demystify
kezdjen tanulni
to make something that seems difficult/complicated easier to understand
Slump
kezdjen tanulni
a sudden decrease in something, e.g. Prices/sales/etc.
High-street
kezdjen tanulni
related to area where most shops/businesses are and where people spend their money
Discount
kezdjen tanulni
a reduction in the usual price of something
Outstanding
kezdjen tanulni
extremely good
Cashflow
kezdjen tanulni
the movement of money in and out of a business
Under-performing
kezdjen tanulni
when a business does not make as much profit as it expected to make
Ownership
kezdjen tanulni
the state of owning something
Boardroom
kezdjen tanulni
the place in a company where its directors meet
Redundancy
kezdjen tanulni
a situation when someone has to leave their job because they’re no long-er needed
Quantity
kezdjen tanulni
an amount of something
Retailer
kezdjen tanulni
a person or business that sell goods to customers in a shop

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