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summary of everything in english 3, both all voc and all content info
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Engels samenvattingbelangrijkste inhoudelijke zaken
+ alle voc
Human Capital
Economic value What is worth Economische waarde van een
product/dienst
Balance sheet balans
Currency Belgium -> euros geldeenheid
Human resources Personnel/staff
Recruitment the action of enlisting new
people in the armed forces.
Return on Investment (ROI)
Year-over-Year (YOY) Method of evaluation – to
compare them
Developing places Rural areas Platteland
Developed places Urban areas: ex. Gent Stad
Depreciation Devaluation
= waardervermindering
Accounting method
= afschrijving
Current-account deficits Tekorten op de lopende
rekening
Foreign direct investment Directe buitenlandse
investeringen
Revenue Inkomsten
Competitive advantage concurrentievoordeel
To elicit uitlokken
Zero-sum game A zero-sum game is one in
which no wealth is created or
destroyed. So, in a two-player
zero-sum game, whatever one
player wins, the other loses.
stagnant Stagnerende, stilstaand
To align Op 1 lijn brengen,
To deversify Differenciëren
To flourish Tot bloei komen
commodity Grondstof
recession Een recessie
Emerging markets Nieuwe markten, opkomende
markten
undemanding Niet veeleisende
seniority Anciënniteit
, Profitable No doubts
Collective wealth Combined wealth – sum of all
the value
Resilience Ability to easily adjust
To increase Going up
Gap A hole
To foster To help grow, to support stimuleren
Untapped Not used
Hinges on / depends on Afhankelijk van
is perceived is gezien als
workforce acquisition personeelswerving
Rural areas Plattelandsgebieden
Urban areas Stedelijke gebieden
wages lonen
inability onvermogen
enhanced benefits verbeterde voordelen
personal resilience persoonlijke
veerkracht/weerbaarheid
Thrive Bloeien
To cushion Om zich in te dekken
Flourishing Bloeiend
Copious Overvloedig
Deficits Tekorten
Boundless Grenzeloos
Accustomed Gewend
Equitable Gelijke
Establishing Bieden
Extent Mate – tot zekere hoogte
Not well-calibrated Niet goed afgesteld
Conversely Omgekeerd
Fulfillment Voldoening
Derive Uit iets halen
Elicit Uitlokken
extent Tot zekere hoogte
Seeking out Op zoek naar
Era Tijdperk
Intrinsically Intrinsiek
Untapped reserves Onaangeboorde reserves
Hinges on/ depends on Afhankelijk van
Human capital Refers to the economic value
of a worker’s experience and
skills
Negative sides of human 1. Brain drain
capital 2. Depreciation:
uneployement, injury,
mental decline…
3 levels/ factors that promote 1. Society level: goede
human capital toegang tot education
and healthcare
2. Employer level: the
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