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Factors of production
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czynniki produkcji, something that is needed in order to make a particular product, for example labour, land, or materials
Externalities
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rzecz zewnętrzna, damage caused by a company's activities for which it does not pay, or something positive created by it for which it does not receive payment
Microeconomics
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mikroekonomia, the study of the economic problems of businesses and people and the way particular parts of an economy behave
Equilibrium
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stan równowagi, a state of balance
Econometrics
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ekonometria, the testing of the performance of economies and economic theories using mathematical methods
Macroeconomics
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makroekonomia, the study of financial systems at a national level
Aggregate demand
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popyt zagregowany, the total demand for goods and services within an economy
Gross National Product
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produkt krajowy brutto, the total value of goods and services produced by a country in one year, including profits made in foreign countries
Endogenous
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endogenny (źródło wewnątrz), found or coming from within something
Exogenous
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egzogenny (zewnętrzny), found or coming from outside something
Fiscal
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fiskalny, connected with (public) money
Economic
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ekonomiczny, relating to trade, industry, or money
Economical
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oszczędny, not using a lot of fuel, money etc.
Aggregate supply
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podaż zagregowana, the total supply of goods and services available to a particular market from producers
Cost of living
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koszty życia, the amount of money that a person needs to live
economize
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oszczędzać, to try to save money by reducing the amount that you are spending
free enterprise
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wolny rynek, an economic system in which private businesses compete with each other to sell goods and services in order to make a profit, and in which government control is limited to protecting the public and running the economy
inputs
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wkład, something such as energy, money, or information that is put into a system, organization, or machine so that it can operate
protectionism
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protekcjonizm, the actions of a government to help its country's trade or industry by taxing goods bought from other countries
balance of payment
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bilans płatniczy, summarises the economic transactions of an economy with the rest of the world
economy
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ekonomia, the system of trade and industry by which the wealth of a country is made and used
fluctuate
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oscylować, to change, especially continuously and between one level or thing and another
market
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rynek, the people who might want to buy something, or a part of the world where something is sold
scarcity
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niedobór, a situation in which something is not easy to find or get
capital
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kapitał, money and possessions, especially a large amount of money used for producing more wealth or for starting a new business
inflation
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inflacja, a general, continuous increase in prices
monetarism
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monetaryzm, a system of controlling a country's economy by limiting how much money is in use at a particular time
standard of living
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standard życia, the amount of money and comfort people have in a particular society
price control
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regulacja cen, a limit set by a government on the price that can be charged by companies for particular products or services
cost price
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koszt produkcji, the price that it costs to make a product, without a profit being added
price cut
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obniżka ceny, a reduction in the price that is charged for something
price discrimination
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dyskryminacja cenowa, the act of selling the same product to different groups of customers at different prices
price elasticity
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elastyczność cenowa, a measure of the effect of a price change or a change in the quantity supplied on the demand for a product or service
exercise price
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cena wykonania, the price at which someone who has an options contract (= an agreement giving the right to buy and sell shares in the future) can buy or sell the shares, etc. mentioned in it
price fixing
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zmowa cenowa, an agreement that is usually not legal, in which companies all sell goods at a particular price in order to keep prices high
price freeze
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zamrożenie cen, the situation in which prices, or the price of a particular product, are fixed at a particular level and no increases are allowed
going price
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bieżąca cena, what the buyer is willing to pay
historical price
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historyczna cena, describes the accounting cost carried in the books and reflecting the cost of the item at the time it was purchased, rather than its current value
price index
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wskaźnik cen, a measurement of the changes in the price of goods and services over a period of time
price list
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cennik, a list of prices for the goods or services offered by a company
price maintenance
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utrzymywanie cen, a system in which the price of goods is controlled by the manufacturer, so that sellers are not allowed to reduce the price for customers
market price
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cena rynkowa, a price that is likely to be paid for something
price mechanism
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mechanizm cenowy, the relationship between the supply of or demand for a particular product or service, and its price
minimum price
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cena minimalna, the lowest price that can legally be set
price range
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zakres cenowy, the range of prices at which similar products or services are sold
recommended price
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rekomendowana cena, the price that the company that makes a product suggests it should be sold for
price reduction
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redukcja cen, the act of reducing the selling price of merchandise
retail price
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cena detaliczna, the price that customers pay for goods in stores
price rise
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wzrost ceny, the act of increasing the selling price of merchandise
selling price
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cena sprzedaży, the price at which something is sold
price sensitivity
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wrażliwość cenowa, the situation in which the sales of a product or service go up or down in relation to its price
strike price
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cena wykonania, the price at which someone who has an options contract (= agreement giving the right to buy and sell particular shares, etc. in the future) can buy or sell the shares, etc. mentioned in it
price war
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wojna cenowa, a situation in which different companies compete with each other by reducing prices
wholesale price
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cena hurtowa, the price that a store or business pays for goods that it will then sell to the public
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breakeven point
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granica opłacalności, the point at which a business starts to make as much money as it has spent on a particular product, activity, etc
production capacity
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zdolność produkcyjna, maximum production or output, which can be produced in business with the help of available resources
distribution costs
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koszt dystrybucji, cost incurred by a producer incident to activities connected with placing a finished product in the hands of a customer
sales targets
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zakładana wysokość sprzedaży, number of products you need to sell, as well as the targeted average sale price you need to get, to achieve a budgeted profit
market positioning
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pozycjonowanie na rynku, the particular group of customers that a company has, or that a product is aimed at, or the type of business that a company does, in relation to other companies or products
market share
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udział w rynku, the number of things that a company sells compared with the number of things of the same type that other companies sell:
prime cost
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koszt własny, the cost of the materials and the workers that are involved when a company makes a particular product or provides a particular service
cost accountant
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księgowy ds kosztów, an accountant who examines all the costs involved in a business activity or a production process in order to help managers decide how to make profits or save money
variable costs
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koszty zmienne, a cost that changes according to how much of a product is being produced or used
market penetration pricing
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strategia cenowa polegająca na utrzymywaniu niskiej ceny produktu, który dopiero co wkroczył na rynek, the practice of offering a product or service at a low price in order to sell more than competitors do, and to persuade customers to keep using it
agent
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a person who acts for or represents another
distributor
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a person or organization that supplies goods to shops and companies
outlet
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punkt sprzedaży, a shop that is one of many owned by a particular company and that sells the goods that the company has produced
broker
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a person who buys and sells foreign money, shares in companies, etc., for other people
franchisee
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franczyzobiorca, someone who is given or sold a franchise
sales force
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personel działu sprzedaży, all the employees of a company whose job is persuading customers to buy their company's products or services
consumer
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konsument, a person who buys goods or services for their own use
merchant
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handlowiec, a person whose job is to buy and sell products in large amounts, especially by trading with other countries
retailer
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sprzedawca detaliczny, a person, shop, or business that sells goods to the public
customer
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klient, a person who buys goods or a service
middlemen
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pośrednik, a person who buys goods from the company that has produced them and makes a profit by selling them to a shop or a user
wholesaler
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hurtownik, someone who buys and sells goods in large amounts to shops and businesses
authorised dealer
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autoryzowany diler, a company that has official permission to sell products from a particular brand
industrial
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przemysłowy, in or related to industry, or having a lot of industry and factories, etc
sales reps
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przedstawiciele handlowi, someone who travels to different places trying to persuade people to buy their company's products or services
chain
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łańcuch/sieć, a group of shops, restaurants, hotels, or other businesses owned by the same company
premises
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lokal, the land and buildings owned by someone, especially by a company or organization
vending machines
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automaty, a machine from which you can buy small things such as cigarettes, drinks, and sweets by putting coins into it
economies of scale
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ekonomia skali, the reduction of production costs that is a result of making and selling goods in large quantities, for example, the ability to buy large amounts of materials at reduced prices
commodities
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towar, a substance or product that can be traded, bought, or sold
balance of trade
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bilans handlowy, the difference between the money that a country receives from exports and the money it spends on imports
quotas
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limit, a fixed, limited amount or number that is officially allowed
barter
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handel wymienny, to exchange goods for other things rather than for money
division of labour
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podział pracy, a way of organizing work, especially making things, so that particular types of work are done by particular people
tariffs
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cło, a charge or list of charges either for services or on goods entering a country
bill of lading
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list przewozowy, a document that shows the details of the products that are being transported by a company
efficiency
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wydajność, the good use of time and energy in a way that does not waste any
competitor
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konkurent, a person, team, or company that is competing against others
production chain
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łańcuch produkcyjny, all the stages of making a product, considered together
job production
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produkcja jednostkowa, a manufacturing process in which single products are produced for particular customers
batch production
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produkcja seryjna, a manufacturing process in which items or products are produced in batches (= groups)
flow production
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produkcja taśmowa, a manufacturing process in which finished products are made from basic materials in one continuous process without interruption
supervision
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nadzór, the act of watching a person or activity and making certain that everything is done correctly, safely, etc
commissioned work
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praca zlecona, to formally choose someone to do a special piece of work
intermittent
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sporadyczny, not happening regularly or continuously; stopping and starting repeatedly or with periods in between
buffer stocks
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bufor, a large supply of a commodity (= a crop, metal, fuel, etc.) that is bought and stored when extra is available, and sold when there is not enough, in order to control its price and quantity in the economy
deviations
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odchylenia, a difference from what is usual or expected
management control systems
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systemy kontroli zarządczej, system which gathers and uses information to evaluate the performance of different organizational resources
ongoing quality control
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bieżąca kontrola jakości, set of activities for ensuring quality starting from Raw material to finish Products
lead time
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czas realizacji, the time between the design of a product and its production, or between ordering a product and receiving it
critical path
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ścieżka krytyczna, the series of tasks that must be done in order and in the right amount of time in order to complete a project on time
dispatching
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wysyłanie, to send something, especially goods or a message, somewhere for a particular purpose
industrial park
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strefa przemysłowa, a special area on the edge of a town where there are a lot of factories and businesses
standardization
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standaryzacja, the process of making things of the same type all have the same basic features
forward scheduling
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planowanie do przodu, planning designed to finish a project as soon as possible, starting now and ideally finishing before a set date
process layout
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układ procesu, type of facility layout in which the floor plan is arranged with similar processes or machines located together
environmental impact
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wpływ na środowisko, the effect that the activities of people and businesses have on the environment
intermittent process
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proces przerywany, processes which start at an unfixed time period and end at another unfixed time period
utility
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pożytek, a service that is used by the public, such as an electricity or gas supply
quality circle
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koło jakości, a small group of workers who meet regularly to discuss methods of working in order to find ways of improving them
product layout
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układ produktu, production system where the work stations and equipment are located along the line of production

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