Definicje słówek str. 34-35

Achieve

To achieve a goal is to attain it successfully

Allocate

To allocate resources is to designate them for a particular function or purpose

Analyze

To analyze is to study something extensively in an effort to describe or comprehend it

Apply

To apply a process, rule, or technique is to use it

Approachable

If someone is approachable, he or she is easy to talk to and not intimidating

Arrive at

To arrive at a decision is to come to a conclusion about a particular issue, usually after some discussion

Assembly line

An assembly line is a system of putting a product together in which the item passes through different stages. Each stage has a specific task and adds or completes some aspect of the product

Assess

To assess something is to look at it carefully and make a judgment on it

Assessment

An assessment is an evaluation used to identify strengths as well as places where improvements are needed

Asset

An asset is any item of value owned by a person or entity

Authoritarian

If someone is authoritarian, he or she values strict obedience to authority and does not value personal freedom

Avenue

An avenue is a course of action that is undertaken to accomplish something

Balance

To balance an account is to reconcile debit and credit amounts

Benchmarking

Benchmarking is the process of determining the standards for one’s business practices. This is done by examining the standards set by other companies within and outside of one’s industry

Benefits

Benefits are payments made to employees in addition to wages, such as health insurance and paid vacation days

Best practice

A best practice is a system that is successful more often than any other method of doing something

Billboard

A billboard is a large board found in cities and along roads. Companies use them to advertise

Boss

A boss is someone who is in charge of other people

Bottom-up communication

If communication is bottom-up, it is directed from lower-level employees toward their supervisors

Branch out

To branch out is to expand into other areas not previously explored

Breathe down (someone’s) neck

To breathe down someone’s neck is to constantly remind someone of an obligation in a harassing or rude manner

Cash-basis accounting

Cash-basis accounting is a method of accounting that records income and expense based on cash payments only, expected payments, or expenses that are not recognized

Certification

When one earns a certification, one has a formal qualification in accordance with set standards

Collective bargaining unit

A collective bargaining unit is a group of employees with shared interests who are represented by a labor union in dealings with management regarding pay, benefits, and other significant issues

Communicate

To communicate is to exchange information verbally or in writing with another person or group of people

Compare

To compare two or more things is to look at them and find their similarities and differences

Comparison

A comparison is a statement that describes how two items are similar to and different from each other

Competitive benchmark

A competitive benchmark is a standard set by comparing a business’ practices to those of a competitor

Competitor

A competitor is a rival in the same field

Compliance

Compliance is the act of conforming to a demand or proposal

Concept

A concept is an idea, often associated with a plan

Confidence

Confidence is a feeling of trust in a person or a system

Consensus

A consensus is a mutually agreed upon decision

Consider

To consider something is to give it close thought

Consult

To consult is to confer with another person or group of people for advice

Consumer

A consumer is a person who buys and uses products sold by someone else

Contract

To contract is to become smaller or less numerous

Contribute

To contribute is to bring or give something

Control

To control something is to make and implement decisions that will make it exactly as needed

Cost accounting

Cost accounting is a method of accounting that records and analyzes all costs incurred through production and related activities

Credit

A credit is a recorded listing of an amount paid to an account

Criteria

A criteria is a rule, standard, or test used in evaluation and decision making

Deal with

To deal with something is to take care of or handle it

Debate

To debate something is to exchange viewpoints about it with each side trying to convince the others of its validity

Debit

A debit is a recorded listing of an amount owed by an amount

Deduction

A deduction is an amount you take away from a figure

Defect

A defect is an imperfection or problem with something that makes it less effective or useful

Delay

A delay is something that postpones an event or occurrence

Demanding

If someone is demanding, he or she has high expectations of others and insists that things get done a certain way

Democratic

If a manager is democratic, he or she emphasizes everyone’s role in decision making and allows all employees to have a voice before a final consensus is reached

Depreciation

Depreciation is the loss of something’s value over time

Distribution

Distribution is the delivery of goods for sale to a store or individual customer

Distribution channel

A distribution channel is the way you make your product available to customers

Dominate

To dominate something is to be in control of it or to be the most important part of it

Earnings

Earnings is the money made through a company’s profits

Efficiency

Efficiency is the ability to do a task well, using the minimum amount of time, resources, or effort

Elasticity

Elasticity is a measure of how changes in one economic variable will influence other variables

Employment law

Employment law is the field of law dealing with government regulation establishing workers’ rights, including pay, hours, age restrictions, and treatment of workers. This field is sometimes called labor law

Empower

To empower someone is to give them the ability to make their own decisions and take responsibility for their own action

Equity

Equity is the value of a property or holding beyond mortgage or liability amounts

Estimate

To estimate an amount is to find the amount through guessing or calculation

Existing levels

If someone refers to existing levels, they are currently at the point at which they are described

Expect

To expect an event is to think that it will happen

Expenditure

Your expenditure is the amount of money you spend

Expense

An expense is money paid in order to accomplish a goal

Factor

A factor is an element that influences how something happens