4

Question 1

Incoterms

Answer 1

the set of the international rules for the interpretation of the most commonly used terms in the foreign trade. Published by the International Chamber of Commerce

Question 2

WTO

Answer 2

the World Trade Organization - an organization that intends to supervise and liberalize international trade.

Question 3

A short list of candidates

Answer 3

the reduced list of the candidates, who will attend the interview..

Question 4

Material incentives

Answer 4

some bonus in money equivalent.

Question 5

Rationalize

Answer 5

to improve

Question 6

Overheads

Answer 6

indirect costs attendant to the production, but not included in the cost of labor and materials

Question 7

Fixtures and fittings

Answer 7

– everything that is fixed and sold with the premises.

Question 8

Industrial unrest

Answer 8

– problems, appeared because of the changing in company and significant reduction of employees (???)

Question 9

Maintenance

Answer 9

repairing and keeping in good condition some equipment

Question 10

Royalty

Answer 10

– a sum of money, which the franchisee agrees to pay to the franchisor for continuing advice and assistance , which is usually calculated as a percentage of annual turnover (=management servides fee – 4%)

Question 11

Subsidy

Answer 11

that is financial donations which are provided by the government

Question 12

Letter of credit

Answer 12

the main pay-document, it is the promise of payment as soon as bills of lading and shipping documents are got

Question 13

Articulate

Answer 13

to speak without mumbling, in a good manner , Express your thoughts clearly (recruitment article)

Question 14

Non-profit making organization

Answer 14

org, which goals are not to get benefit, but for example for humanitarian aims (charity)

Question 15

Redeployment

Answer 15

moving of the permanent employees to different position within the organization