Samenvatting Belangrijke woorden voor Engels toets (Business Vocabulary in Use)
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Course
Business English (EN)
Institution
Christelijke Hogeschool Ede (CHE)
Book
Business Vocabulary in Use
In deze samenvatting staan alle woorden die belangrijk zijn voor de toets van Engels in het 2e jaar van Bedrijfskunde/HRM. Wanneer je deze woorden goed kent, kan je een groot aantal van de punten voor deze toets halen.
Samenvatting English for Business and Economics Vocabulary and Grammar
Business Voc Unit 7-12 Definitions
Business Voc Unit 13-18 Definitions
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Christelijke Hogeschool Ede (CHE)
Bedrijfskunde
Business English (EN)
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Hoofdstuk 7
Retirement (to retire) = pensioen
Demotion (to demote) = move to a less senior job
Layoff (collective layoff) = someone’s contract is being terminated
Dismissal (to dismiss) = ontslaan
Terminated/fired/sacked/given the sack
Forced to leave the company
Career path how your career is going
Work your way up the career ladder = getting promotion
To leave the company you can resign/hand in your notice
Restructering = change the structure of the organization
Become flatter and leaner = less layers and fewer, more productive employees
Company hierarchy
Downsizing = less employees
Delayering = less/fewer layers = flatter
Increasing efficiency and profits
Hoofdstuk 18
Mass production = producing large numbers of similar products
Standardization = standaardisatie = cheaper
Custom built/tailor made = each product is made to meet the specifications,
requirements or needs of a particular customer more expensive
Mass customization = products made in large quantities, but each one is made to
the specifications of the buyer (Dell computers)
Wikinomics = form of mass collaboration
Mass collaboration = where companies have large numbers of people working
together on the Internet to solve problems and develop products.
Prosumers = work together to make things in a process of peer collaboration and
co-creation.
The long tail = NOT mass production, like books and music on the Internet
Mass production = the costs of a product comes down in relation to the amount
produced
Economics of scale = mass production
Learning curve = mass production
Benchmarking = comparing performance levels to other producers
Industrial secrets = information about its better performance in a particular area
Hoofdstuk 29
Order/to place an order = when you ask to buy something
Dispatched/shipped/transported = distributed
Invoice = a document asking for payment for something and showing the amount
to paying
Invoicing/billing = producing invoices and sending them to customers
Chase an invoice = someone asks for payment because it has not been paid on
time
Settle an invoice = paying it
Trade credit = a period of time, 30-60 days usually, before they have to pay
Discount = a reduction in the amount they have to pay
To pay upfront = paying before you receive the goods
Credit policy with payment terms = rules on when and how customers should pay
Controlling the cashflow = the timing of payments coming into and going out of
the business
Accounts = customers
Key accounts = most important customers
, People who owe you money = debtors
People who you have to pay = creditors
Bad debts = people who will probably never pay you
Write off = deciding not to chase debtors anymore
Customers to pay me = accounts receivable
Suppliers you have to pay = accounts payable
Hoofdstuk 30
Assests = bezittingen
Current assets = money in the bank, investments that can easily be turned into
money, money that customers owe, stock of goods that are going to be sold
Fixed assets = equipment, machinery, buildings, land
Intangible assets = goodwill (reputation) and brands (merken)
Depreciation (to depreciate) = afschrijven
Amortization (to amortize) = afschrijven
A charge = the value of the equipment is reduced or written down
Write off = it is written off completely (no value anymore)
Book value = the value of an asset at a particular time
Liabilities = debts to suppliers, lenders, tax authorities etc.
Current liabilities = debts that have to be payed in a year
Long term liabilities = debts that have to be payed in over a year
Balance sheet = a picture of its assets and liabilities at a particular time. Usually
the end of the 12-month period of its financial year.
Hoofdstuk 31
Accountant = look at the financial records of a lot of companies
Accountancy firm = accountancy bureau
Financial record/accounts = rekeningen
Bookkeepers = people who work under the accountants of a company
Auditors = specialist outside accountants who check a business’s account at the
end of a particular period to see if they give a true and fair view.
Creative accounting/window dressing = when a company’s result are presented
in a way that makes them look better than they really are.
Audits = controles/checks
Accountancy = BrE Accounting = AmE
Annual report = jaarlijks verslag
Profit and loss account = winst- en verliesrekening BrE
Income statement = winst- en verliesrekening AmE
Makes a profit/loss= winst of verlies maken
Accounting standards/rules = boekhoudkundige regels
Pre-tax profit/loss = winst/verlies voor belasting
Gross profit = brutowinst
Net profit = nettowinst
Earnings/profit = winst
Bottom line = final figure for profit/loss
In the red = makes a loss bleeding red ink
In the black = makes a profit
Business/financial/fiscal year = not necessarily from January till December
Hoofdstuk 32
Capital = the money that a company uses to operate and develop
To raise capital
Share capital = aandelenkapitaal
Loan capital = leningen
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