Definicija: n. – an organisation, person, company etc. that competes with another
Primer rabe: ABC Limited works in a niche market and has only 3 competitors.
Definicija: n. – the totality of people, organisations, companies etc. with which a person, organisation, company competes
Primer rabe: ABC Limited regularly monitors what its competition is doing.
3) competitive advantage
Definicija: n. – a positive aspect of a product or service of a company which competitors do not possess, normally offering that company higher revenue or sales
Primer rabe: ABC Limited has a competitive advantage over other firms in the sector by delivering orders with 48 hours.
Prevod: konkurenčna prednost
4) to engage
Definicija: v. – to hire a person or organisation to perform a job or task
Primer rabe: We have engaged an accountancy firm to prepare our annual accounts.
5) to make redundant
Definicija: v. – to end a relationship of employment with a person
Primer rabe: John was made redundant after the company lost its main client.
Definicija: n. – where an employee loses their job because it is no longer required
Primer rabe: ABC Limited has announced 400 redundancies in the coming year.
Prevod: odvečna delovna sila
7) to be in a crisis
Definicija: v. – to be in a period of difficulty or uncertainty
Primer rabe: The global economy has been in crisis since autumn 2008.
Prevod: biti v krizi
Definicija: n. – where expenditure outstrips income
Primer rabe: Most European countries have large buget deficits.
Definicija: n. – where a population has little disposable income due to poor economic conditions
Primer rabe: Many analysts predict that the 2010’s will be a period of austerity.