English For Business and Administration
English For Business and Administration
Nguyễn Ngọc Vũ
A.
1. Staff – the people who work for a company, its personnel, its employees.
2. Salary – money that employees receive for doing their job, especially professional employees or people
working in an office, usually paid every month
3. Sales representative – a person in a company who sells product to distributors or customers in a certain
market.
4. Revenue – the money that a company receives from its business.
5. Investment - the money that you invest, or the thing that you invest in
6. Cost - the amount of money that you need in order to buy, make or do something
7. Interest - the extra money that you pay back when you borrow money or that you receive when you invest
money
8. Profit – the money that you make in business or by selling things.
9. Loss – money that has been lost by a business or an organization.
10. Subsidiary – a company that is controlled by another company.
11. Holding company – a company controlled shares in a subsidiary.
12. A joint-venture – a co-operative operation between two companies, sharing expertise, resources, etc.
13. To manufacture – to produce in large quantity with machinery.
14. GDP (Gross Domestic Product) the annual total of goods produced, and services provided in a country.
15. To employ - to give somebody a job to do for payment
16. Employee - a person who is paid to work for somebody
17. Employer - a person or company that pays people to work for them
18. Investor - a person or an organization that invests money in something
19. Speculator - a person who buys and sells goods or shares in a company in the hope of making a profit
REVIEW
- The Ps in marketing are…Product, Place, Price, Promotion, and Process….
- The 5 Ms in marketing are…Message, Mission, Media, Money and Measure.
- AIDA stands for Attention, Interest, Desire and Action.
- Departments in a company are…HR, R&D, Production, Marketing and Finance
- HR is responsible for…recruiting, training, wages and salary.
- R&D is responsible for…creating new products.
- Production is responsible for…manufacturing products according to plans.
- Finance is responsible for…purchasing, customer accounts, financial services…