→ CHANGE - DEFINITIONS → Start Learning / Download MP3 Flashcards

Question		Answer
Trailblazer start learning		is the first company to develop new methods of doing something. It means someone who is the first to do something or to discover something.
Turnaround start learning		means a complete change from bad situation to a good one.
The bottom line start learning		is the financial result of a company’s business, the amount of money that a business makes or loses.
Front-line employees start learning		mean people who directly interact and deal with customers.
Empowerment start learning		is giving someone the legal authority to make decision, is giving people the power to do something. People can make more decision on their own.
Company culture start learning		is ways of doing something by company, it is how company decide, what kind of methods and working system they have.
Economic downturn start learning		is when company has some economical and financial problems. Sometimes company has to shed staff. (prices or the value of stocks, shares fall)
Core competents start learning		means basic abilities, people with the key skills.
Intranet start learning		is an Internet-type system available only to a company employees.
Acquisition start learning		is when one company buys another one or part of another one.
Takeover start learning		means take control of a company by buying more than 50% of its shares.
Merger start learning		is when two companies or organisations decide to cooperate, and they join into one larger company.
Outsource start learning		is when company or organisation employs another company to do something.
Parent company start learning		if one company is the parent of another, it owns at least half the shares in the other company and has control over it.
Partnership start learning		is a relationship between two people, companies, organisations, or countries that work together.
Upgrade the product / service start learning		means improvement the quality of a service or product.
Retrain all staff start learning		means to teaching all the employees, new skills that are needed for a job.
Restructure the company start learning		means organizing something such as a company in a different way so that it will operate better.
Relocation their operations start learning		means moving activity to a different place, or to make someone or something do this.
Relaunch the product start learning		means a new attempt to sell a product, especially in a slightly different way.
Redevelop start learning		means improvement an area that is in bad condition by destroying or improving old buildings and building new ones.
Reassess start learning		the situation means carefully consider a situation, person, or problem again.
Downsize workforce start learning		means making a company or organization smaller by reducing the number of workers.
Deregulate start learning		means taking away the rules that control something.
Decentralise start learning		means changing the way a country, organisation or industry is run.

CHANGE - DEFINITIONS

You must sign in to write a comment

More