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ブティック
boutique
スーパー
supermarket
コンビニ
convenience store
ちか
basement
〜かい
...th floor
フードフロア
food floor
レストランフロア
restaurant floor
コーナー
corner
イベントコーナー
event corner
メンズコーナー
men's corner
ギフトコーナー
gift corner
店員(てんいん)
shop assistant
エレベーターガール
elevator girl
ラッピング
wrapping
いらっしゃいませ
Welcome/May I help you?
かしこまりました
Certainly (sir, madam)
〜でございます
polite form of です
うえにまいります
going up (polite)
いくら
How much (price)
三つください
I'll have three please
おねがいします
may I ; please
サービスがいい
good service
イメージがいい
good image
こうきゅうな
good quality; classy
おしゃれな
trendy, stylish
フレキシブルな
flexible
じょうぶな
tough
おもしろそう
interesting
これ/それ/あれ
this/that/that over there
この
this (item)
その
that (item)
あの
that (item) over there
Economics
The study of how individuals, businesses and governments allocate scarce resources to produce and distribute goods and services.
Business
The organised activity of producing and selling goods and services for profit.
Goods
Physical products that satisfy needs and wants.
Services
Intangible activities that satisfy needs and wants.
Circular flow of income
A model showing the flow of money, goods and services between sectors of the economy.
Leakage
The withdrawal of money from the circular flow of income.
Injection
The addition of money into the circular flow of income.
Households (consumers)
Individuals who provide factors of production and consume goods and services.
Firms (businesses)
Organisations that use resources to produce goods and services.
Financial institutions
Organisations that act as intermediaries between savers and borrowers.
Government sector
The sector responsible for taxation and government spending.
Overseas sector
The sector involving trade with other countries.
Saving
Income not spent on goods and services; a leakage.
Investment
Spending on capital goods by businesses; an injection.
Taxation
Money collected by the government; a leakage.
Government spending
Expenditure by the government on goods and services; an injection.
Imports
Goods and services purchased from overseas; a leakage.
Exports
Goods and services sold overseas; an injection.
GDP
The total value of goods and services produced in an economy over a period of time.
Economic growth
An increase in the level of economic activity in an economy, usually measured by GDP.
Business cycle
Fluctuations in economic activity over time.
Expansion
A period of increasing economic activity.
Peak
The highest point of economic activity in a cycle.
Contraction
A period of decreasing economic activity.
Trough
The lowest point of economic activity in a cycle.
Recession
A period of economic decline defined as two consecutive quarters of negative growth.
Demand
The quantity of a good or service consumers are willing and able to purchase at various prices over a period of time.
Law of demand
As price increases, quantity demanded decreases, and as price decreases, quantity demanded increases, ceteris paribus.
Supply
The quantity of a good or service producers are willing and able to supply at a given price over a period of time.
Law of supply
As price increases, quantity supplied increases, and as price decreases, quantity supplied decreases, ceteris paribus.
Demand curve
A graph showing the relationship between price and quantity demanded.
Supply curve
A graph showing the relationship between price and quantity supplied.
Movement along demand curve
A change in quantity demanded caused by a change in price.
Shift in demand curve
A change in demand caused by non-price factors.
Movement along supply curve
A change in quantity supplied caused by a change in price.
Shift in supply curve
A change in supply caused by non-price factors.
Market equilibrium
The point where quantity demanded equals quantity supplied.
Equilibrium price
The price at which quantity demanded equals quantity supplied.
Equilibrium quantity
The quantity bought and sold at equilibrium.
Surplus
A situation where quantity supplied exceeds quantity demanded.
Shortage
A situation where quantity demanded exceeds quantity supplied.
Market
Any situation where buyers and sellers come together to exchange goods and services.
Retail market
A market where goods and services are sold directly to consumers.
Labour market
A market where employers and workers interact to determine wages and employment.
Financial market
A market where money is borrowed and lent.
Stock market
A market where shares in companies are bought and sold.
Government intervention
Action taken by the government to influence or regulate markets.
Environmental degradation
The deterioration of the natural environment through pollution and overuse of resources.
Conservation
The sustainable management of natural resources to ensure future availability.
Corporate social responsibility
When a business considers the social and environmental impacts of its decisions.
Globalisation
The increasing integration of economies and markets worldwide.
Innovation
The development of new ideas, products or processes.
Entrepreneurship
The process of starting and running a business, often involving risk-taking.
Technology
The use of knowledge and tools to improve production and efficiency.
Business plan
A formal document outlining a business's objectives and the strategies to achieve them.
Planning
The process of setting objectives and determining how to achieve them.
Formal planning
Planning that is written down and shared with employees.
Informal planning
Planning that is not written down and communicated verbally.
Specific plan
A plan that is clearly defined and measurable.
Directional plan
A flexible plan that provides general guidance rather than specific details.
Strategic planning
Long-term planning that sets the overall direction and objectives of a business.
Tactical planning
Medium-term planning that outlines how to achieve strategic objectives.
Operational planning
Short-term planning that focuses on day-to-day operations.
Sole trader
A business owned and operated by one person with full control and unlimited liability.
Partnership
A business owned by two or more people who share profits, losses and responsibilities.
Company
A separate legal entity that limits the liability of its owners.
Vision statement
A statement outlining the long-term aspirations and future direction of a business.
Mission statement
A statement outlining the purpose of a business and how it will achieve its vision.