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sole proprietorship
a company owned by one person
partnership
a business owned by two or more people
subsidiary
a company controlled by another company
shareholders
the people who own shares in a company
headquater
a company that sells the right to use its business model
motivate
encourage employees to work harder
allocate
distribute resources or budget for a specific purpose
recruit
hire new employees for a company
merge
combine two companies into one (sáp nhập)
budget
financial plan for a specific period (ngân sách)
inventory
stock of goods or materials held by a business (hàng tồn kho)
subsidy
financial support from government to lower prices (tiền trợ cấp)
stragtegy
long-term plan to achieve business goals
suppliers
entities that provide goods or services to businesses (nhà cung cấp)
subordinates
employees under the authority of a manager (cấp dưới)
competitors
companies offering similar products in the same market (đối thủ cạnh tranh)
dismiss
terminate an employee’s job (sa thải)
outsource
hire external firms to do internal work (thuê ngoài)
financing
providing finds for business activities (huy động vốn)
marketing
promoting and selling products or services (tiếp thị)
democratic
management style with shared decision-making (dân chủ)
participative
involving employees in the decision process (có sự tham gia)
flexible
able to adapt quickly to changes
autocratic
management style with absolute power held by one leader (độc đoán)
Turnover
total sales or speed of replacing inventory/staff(doanh thu/tốc độ luân chuyển)
Output
amount of goods produced by a company(sản lượng)
workforce
total number of employees in a company or country (LLLĐ)
objective
specific goal a business wants to achieve (mục tiêu)
obstacle
problem or barrier that hinders progress (trở ngại)
overtime
extra hours worked beyond standard time (tăng ca)
outlet
retail store selling products directly to public( đại lý, cửa hàng tiêu thụ)
advertised
publicly promoted to attract customers (được quảng cáo)
delegated
tasks assigned to others with lower authority (được giao phó)
manufactured
goods produced on a large scale using machinery (được sản xuất)
purchased
goods or services bought with money(được mua)
logistics
managing the movement and storage of goods (hậu cần)
accounting
recording and reporting financial transactions (kế toán)
management
controlling and directing an organization (quản lý)
distribution
delivering products to customers or retail locations(phân phối)
corporation
large business legally distinct from its owners (tập đoàn/công ty cổ phần)
consortium
association of several companies for a joint project (liên minh, hiệp hội)
franchise
license to sell a well-known brand’s products (nhượng quyền thương mại)
monopoly
market with only one seller of a product (tình trạng độc quyền)
subsidiary
company controlled by a parent company (công ty con)
cartel
group of business colluding to control prices (các-ten, hiệp hội độc quyền)
warehouse
large building for storing goods( kho hàng)
workshop
room or building where manufacturing or repairs are done (xưởng sản xuất)
showroom
room used to display products for sale
acquisition
buying another company to gain control (sự mua lại)
syndicate
group of individuals or organizations combined to promote a common interest ( tập đoàn tài chính/ công hội)
spin-off
creating a new independent company from an existing one (công ty tách ra từ công ty mẹ)
alliance
agreement to cooperate for mutual business benefits (liên minh kinh tế)
liquidation
closing a business and selling assets to pay debts (sự thanh lý-tài sản/ công ty)
consultants
experts who provide professional advice to businesses (chuyên gia tư vấn)
multinational
company operating in several countries (công ty đa quốc gia)
expansion
growth of a business in size or scale (sự mở rộng)
diversification
entering new markets or producing new types of products(sự đa dạng hóa)
primary sector
extraction of raw materials and natural resources
secondary sector
manufacturing and processing raw materials into finished goods
tertiary/service sector
providing services to cosumers and businesses
quaternary sector
knowledge-based activities involving information, research, and high technology
distribution channel
chain of intermediaries to deliver products to consumers (Kênh phân phối)
market opportunities
favorable conditions to introduce new products or services(Cơ hội thị trường)
market penetration
strategy to increase sales of existing products in current markets (Sự thâm nhập thị trường)
market segmentation
dividing a market into distinct groups of buyers.(Phân khúc thị trường)
market skimming
setting a high initial price before lowering it over time.(chiến lược hớt váng sữa)
price elasticity
Measure of how demand changes when price changes.(độ co giãn của cầu theo giá)
product differentiation
Making a product distinct from competitors' offerings.(sự khác biệt hóa sản phẩm)
product features
Characteristics or functions of a product.(đặc tính sản phẩm)
sales representative
Person who sells goods on behalf of a company.(đại diện bán hàng)
wholesaler
Business that buys in bulk and sells to retailers. (nhà buôn bán sỉ)
deposit
Money placed in a bank or paid as a first installment. (tiền gửi/tiền đặt cọc)
loan
Borrowed money that must be repaid with interest.(khoản vay)
capital
Financial assets needed to run a business.(vốn)
stocks or shares
Certificates of ownership in a corporation.(cổ phiếu/phần)
income
Money received by individuals or businesses.(thu nhập)
revenue
Total money earned from sales before expenses.(doanh thu)
asset
Anything of economic value owned by a business.(tài sản)
expenditure
Total amount of money spent by a business.(chi phí)
transactions
Instances of buying or selling leverage.(giao dịch)
liabilities
Legal financial obligations owed to other entities.(nợ phải trả)
debt
Money owed that is overdue or due for payment.(khoản nợ)
debit
Entry recording a sum owed or spent.(bên nợ)
credit
Entry recording money received or ability to borrow. (tín dụng)
tangible
Physical assets that can be touched (e.g., buildings, machinery).(hữu hình)
intangible
Non-physical assets with value (e.g., patents, goodwill).(vô hình)
accrued
Expenses or revenues recognized but not yet paid.(tích lũy, cộng dồn)
deffered
Revenue received but not yet earned (or delayed expenses).(trì hoãn)
equity
Value of assets minus total liabilities.(vốn chủ sở hữu)
differentiated
Products made unique and distinct from others.(khác biệt)
market challengers
Firms fighting hard to increase market share(kẻ thách thức thị trường)
market followers
Firms that copy the leader's products and strategies.(kẻ bám đuôi thị trường
market leaders
Company with the largest market share in an industry.(kẻ dẫn đầu thị trường)
market segmentation
phân khúc thị trường
market share
Percentage of total sales controlled by a company.(thị phần)
niche
Small, specialized market for a specific product.(thị trường ngách)
unique selling proposition (USP)
The exclusive benefit that makes a product stand out.(điểm bán hàng độc nhất)