International Business Glossary.

Hi, my name is Kaicha, my program is business and management, and for field of study I'm interested in international business. I haven't started this program yet because I'm a student at Ahuntisc College. I've been in the program for 3 years now, and I have 3 more semesters to do. In my program, I take a variety of courses such as, accounting, marketing, management, or computer science related to business. After, I graduate from university I plan to work as an international sales representative. I will be the representative of the company I work in for their business abroad or on the country. I will have to travel frequently to make connection with other company. As for me most of the time I find business related words hard to pronounce and sometimes difficult to know their meaning in English specially if you learn them in French. So, I'm going to show you a website that can help you with pronunciations, develop your vocabulary and in that way you will look more professional.

acquisitions
noun
Business combination that occurs when one company buys most or all of another company's shares.
Example: According to O'Sullivan (2003), German companies who are willing to be on NYSE listing are waiting for chances of getting ACQUISITIONS.
en: acquisitions
example of acquisitions
capital (stock)
noun
Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
Example: A firm will have accepted all projects that offer a return greater than the cost of CAPITAL in such way that any other interim cash flows could only be reinvested at the cost of CAPITAL.
en: capital (actions)
example of capital
corruption
noun
Dishonest or fraudulent conduct by those in power, typically involving bribery.
Example: It is very unlikely that they all see the good purpose of ending CORRUPTION and want to contribute to the economic growth of the country.
en: corruption
example of corruption around the world
customer service
phrase
The assistance and advice provided by a company to those people who buy or use its products or services.
Example: For example, an accumulation of resistance to change, low morale and motivation can lead to low labour productivity and poor CUSTOMER SERVICE.
en: service à la client
example of customer service
devaluation
noun
The reduction in the official value of a currency in relation to other currencies.
Example: Proponents of the international monetarist approach argue that real DEVALUATION of currency raises the price of traded good relative to non-traded goods leading to fewer imports while, ceteris paribus , exports become more competitive resulting in an overall improvement in trade balance.
en: dévaluation
example of devaluation
economic inequality
Economic inequality is the unequal distribution of income and opportunity between different groups in society.
Example: The basic ECONOMIC INEQUALITY is between those who own capital (for example businesses) and those who supply labour (the employees), which creates tension between the two.
en: Inégalité économique
economic inequality example
franchising
verb
Grant a franchise for the sale of (goods) or the operation of (a service).
Example: In fact, MNCs generally do not own such assets, but co-ordinate and control operations through licensing, joint-ventures, FRANCHISING, sub-contracting and strategic alliances.
en: franchise
example of franchising
free trade
phrase
International trade left to its natural course without tariffs, quotas, or other restrictions.
Example: In mitigation, it was British policy to allow FREE TRADE, and there was a belief that 'markets would find their own levels.
en: libre-échange
globalization
noun
The process by which businesses or other organizations develop international influence or start operating on an international scale.
Example: Ruigrok and van Tulder (1995: 394) also stated that 'GLOBALIZATION seems to be as much an overstatement as it is an ideology and an analytical concept'.
en: mondialisation
intangible property
Intangible personal property is anything with no obvious and assigned value and can't be physically held.
Example: Intangible assets are generally considered long-term and their value can increase over time.
en: propriété immatérielle
legal person
phrase
An individual, company, or other entity which has legal rights and is subject to obligations.
Example: A corporation is a LEGAL PERSON who can sue and be represented in court against another inanimate person as well as against a human person.
en: personne morale
license
noun
A permit from an authority to own or use something, do a particular thing, or carry on a trade.
Example: The most prolific case was when SCO mailed Fortune 1000 corporations using Linux, demanding that they pay them LICENSE fees in relation to the SCO's intellectual property of the Unix source code.
en: permis
example of license
market research
phrase
The action or activity of gathering information about consumers' needs and preferences.
Example: Secondly, the financing of intangible investments, such as MARKET RESEARCH and advertising, enables small firms to establish the enterprise's 'goodwill'.
en: étude de marché
example of market research
market saturation
phrase
Market saturation is when a specific market no longer exhibits new consumer demand for a company's product.
en: saturation du marché
example of market saturation
mergers
noun
A combination of two things, especially companies, into one.
Example: MERGERS & Acquisitions: A Guide to Creating Value for Shareholders.
en: fusions
example of mergers
partnership
noun
A business or firm owned and run by two or more partners.
Example: The two main union strategies employed by unions in an attempt to revitalize are 'Social PARTNERSHIP' and 'Organizing' respectively.
en: partenariat
example of partnership
pros and cons
phrase
The pros and cons of something are its advantages and disadvantages, which you consider carefully so that you can make a sensible decision. Motherhood has both its pros and cons.
Example: Objectives and evaluation criteria table Each evaluation criteria has been chosen after considering the PROS AND CONS.
en: avantages et inconvénients
example of pros and cons
strategic management
phrase
Strategic management is an approach to organizing company resources to achieve its goals and objectives.
Example: "Cooperation and competition standards-setting activities in the digitization era: The case of wireless information devices", Technology Analysis & STRATEGIC MANAGEMENT.
en: gestion stratégique
example of strategic management
trade barriers
phrase
A trade barrier refers to any regulation or policy that restricts international trade, especially tariffs, quotas, licences etc.
Example: Moreover, imports for inputs to the export sector have proven to open the import sector extensively in spite of the TRADE BARRIERS.
en: barrières douanières
trade example
value proposition
An innovation, service, or feature intended to make a company or product attractive to customers.
Example: By developing a sustainable strategy, differentiated offering is vital as customers can see the distinct VALUE PROPOSITION as superior to alternatives.
en: proposition de valeur

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 Hi, my name is Kaicha, my program is business and management, and for field of study I'm interested in  international business. I haven't started this program yet because I'm a student at Ahuntisc College.  I've been in the program for 3 years now, and I have 3 more semesters  to do. In my program, I take a variety of courses such as, accounting, marketing, management, or computer science related to business. After, I graduate from university I plan to work as an international sales representative. I will be the representative of the company I work in for their business abroad or on the country. I will have to travel frequently to make connection with other company. As for me most of the time i find business related words hard to prounounce and sometimes difficult to know their meaning in english specially if you learn them in french. So i'm going to show you a website that can help you with pronounciations, develop your vocabulary and in that way you will look mor...
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How can virtual writing tutor help me sound more professional Introduction Your browser does not support the audio element. Hi, my name is Kaicha, my program is business and management, for field of study I'm interested in international business. I haven't started this program yet because I'm a student at Ahuntsic College. I've been in the program for 3 years now, and I have 3 more semesters to do. In my program, I take a variety of courses such as, accounting, marketing, management, or computer science related to business. After, I graduate from university I plan to work as an international sales representative. I will represent the company I work at for their business abroad or on the country. I will have to travel frequently to make connections with other compan...
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