voc_u5 Flashcards
(34 cards)
Bottleneck
A problem that delays a process.
Responsive
Saying or doing something as a reaction to something or someone, especially in a quick or positive way.
Human rights
The basic rights that is generally considered every person should have, such as justice and freedom to say what you think.
Child labor
The use of children to do work that should be done by adults.
Shareholder
A person who owns shares in a company and therefore gets part of the company’s profits and the right to vote on how the company is controlled.
Reputation
The opinion that people in general have about someone or something or how much respect or admiration someone or something receives, based on past behavior or character.
External
Coming from the outside.
Internal
Coming from the inside.
Holistic
Dealing with or treating the whole of something or someone and not just a part.
Community
The people living in one particular area or people who are considered as a unit because of their common interests, social group or nationality.
Labor standards
Level of quality for the work you need to do/working conditions.
Consulting
The activity or business of giving expert advice about a particular subject.
Personality rights
The right of publicity, it is the right of an individual to control the commercial use of one’s identity, such as name, image, likeness or other unequivocal identifiers.
Cook the books
To change the numbers dishonestly in the accounts (= financial records) of an organization, especially in order to steal money from it.
Tax evasion
Ways of illegally paying less tax than you should.
Code of conduct
A set of rules that members of an organization or people with a particular job or position must follow.
Compliance management
Constantly checking and assessing systems to ensure they comply with industry and security standards, as well as corporate and regulatory policies and requirements.
Compliant
When a product or service fully meets the specifications or standard set by a company or organization.
Mission statement
A short written description of the aims of a business or public organization.
Procurement
The process by which an organization buys the products or services it needs from other organizations
Acquisition
Something that is bought by a company, such as another company, a building or a piece of land.
Emerging countries E.g. China
Countries that are becoming globally significant – mostly because they have moved from agricultural production to manufacturing. It all depends on social, economic and political indicators.
Pent-up
Strong demand for a product/service that has not had the opportunity of being expressed as sales.
Carrier
A company that provides mobile phone services to people so they can make calls, send messages, etc.