Please enable JavaScript.

Coggle requires JavaScript to display documents.

BUSINESS (VOCAB :<3: (EMLOYEES (NEWBIE (informal) (Trainee (apprentice)…

- - - - Utilities
        
        Facilities
      - expenditure = outlay = chiphí
    - - Maximise profit
      - In good financial health
      - breakeven huề vốn
      - Lucrative
    - - Go bust = go under
      - end in failure
      - Insolvency
      - not operate
        
        Wind a business up
    - - Penetrate new market
      - launch a new product
      - drum up business: to try to get customers
    - - sleeping/silent partner
      - capital/labor intensive
  - - - Support local charities
      - education initiatives
        
        scholarship
      - environmental projects
      - NOT try to minimise their tax payments
        by using accounting loopholes
  - - - face the axe
      - be sacked for
    - - Take sb on
      - Employ
    - - unemployment allowance = DOLE
      - insurance
        
        Unemployment insurance
        
        Social insurance
        
        Health insurance
      - REMUNERATION
      - ANNUITY = pension
    - - Trainee
        
        apprentice
      - Rookie (informal)
      - Fresh graduate
      - NOVICE
      - new recruite
    - - Senior
      - veteran
      - Mogul/magnet/tycoon :star:
    - - make sb redundant
      - lay sb off
    - - post (vip position)
        
        leave his post
        
        resign from a post
        
        hold the post
        
        take up the post
    - - NEST EGG
      - put some $$ aside
    - - ON THE DOLE
      - JOBLESSNESS
  - - - Be self-employed = Run/set up your own business = Work for themselves
      - Niche business
      - cottage industry
    - - Large/Massive Corporation
      - Enterprise
      - CONGLOMERATE
      - CONSORTIUM
    - - synergy
  - - - Alliance
    - - At a loggerheads with sb over sth
- - - - ADVANTAGES
      - DISADVANTAGES
      - VOCAB
        
        ollution, taxes, development, income, change, benefit, harm, regulations, poverty, production, cost, outsourcing, communication, unemployment, foreign, cause, effect
    - - ADVAN
      - DISAD
      - VOCAB
        
        drawbacks, competitive, access, variety, pricing, discount, personalize, familiar, employees, convenient, support, effect, balance, loyalty, contribute, cost, support, local, effect
  - - - sustainable
        business
        models
        
        makes your business
        more sustainable in the long-term
        (business sustainability)
        
        CSR can be much more than a cost, a constraint, or a charitable deed
        => it can be a source of opportunity, innovation, and competitive advantage.
      - build their brand
        
        improved marketing => brand perception => customer loyalty and richer partnerships.
  - - - MORALITY
        a code of ethics and regulations
        
        CLIENTS
        
        save production costs => dangerous ingredients
        
        SOCIETY
        
        hiring labours => below standard age or offer low-paid job
        
        not do social obligation
        
        ENVIRONMENT
        
        without assessing the impact on environment:
        
        Example: Formosa demolished marine life ( biodiversities)
      - GENERATING PROFITS IS NOT SOLE PURPOSE