→ Industries And Companies →开始学习 /下载MP3 Flashcards

问题		答案
primary industries 开始学习		agriculture, forestry, mining
secondary industries 开始学习		capital goods, durable goods, non-durable goods
capital goods 开始学习		equipment and machinery used to produce other goods
durable goods 开始学习		cars, washing machines
non-durable goods 开始学习		food, clothing
service industries 开始学习		banking, entertainment, tourism
Economy can be divided into 开始学习		the private sector, the public sector
the private sector 开始学习		large corporations, small and medium-sized enterprises, individuals working on a self-employment basis
the public sector 开始学习		schools, hospitals, state owned enterprises
Types of business 开始学习		sole trader, partnership, limited partnership, privet limited company, public limited company, franchise
sole trader 开始学习		responsible for all losses of the business, no one to share the risk with him, no one to take over from him, no capital for expansion
partnership 开始学习		they share the risk, they also share a profit, tho or more people run the business together
limited partnership 开始学习		a partner can limit his liability to the amount he contributes, one partner have unlimited personal liability for the losses of the partnership
private limited company 开始学习		limited liability company, company is responsible for any debts not the owners, shares cannot be sold to members of the public, restriction on the number of members (maximum fifty)
public limited company 开始学习		large financial institutions, members of the public, run by managers under supervision of a Board, stockholders can sell their shares freely on the Stock Exchange
franchise 开始学习		business owner allows other people (franchisees) to set up in business using the company's brand name products and reputation, the franchisee has varying degrees of control over how products are marketed and sold
Business expansion 开始学习		stay private, initial public offering, trade sale, merger, acquisition
stay private 开始学习		the company increases its sales, number of employees but stay as a private company
initial public offering 开始学习		the process of issuing shares, moves from large company to company with a stock-market listing
trade sale 开始学习		the original small company is absorbed, for instance: biotechnology and IT
merger 开始学习		two established companies join to form one
acquisition 开始学习		takeover, one established company buys another (subsidiary) by taking controlling stake
auditing 开始学习		An examination of records or financial accounts to check their accuracy
air freight 开始学习		a system of transporting freight by air.
semiconductors 开始学习		An integrated circuit or other electronic component containing a semiconductor as a base material
data processing 开始学习		The collection and manipulation of items of data to produce meaningful information
general merchandise store 开始学习		a rural or small town store that carries a general line of merchandise
A peripheral 开始学习		a device that is connected to a host computer, but not part of it
utilities 开始学习		electric, gas, water
brokerage 开始学习		the business of buying and selling shares
consumer staples 开始学习		beverage, food, personal products
office supplies 开始学习		paper, post-it notes
consumer discretionary 开始学习		automobiles, household appliances, consumer services, household durables, leisure facilities
apparel 开始学习		clothing
integrated circuit 开始学习		chip
fabrication 开始学习		manufacturing
beverages 开始学习		drinks
property 开始学习		real estate
facilities 开始学习		rooms, equipment or services that are provided for particular purpose
initial public offering 开始学习		flotation
partnership 开始学习		of
run company on 开始学习		a day-to-day basis
privately-held 开始学习		shares
constraints 开始学习		restrictions, obstacle
underwrite the issue 开始学习		the investment bank takes some risk as they guarantee that all the shares will be purchased

Industries and companies

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