Chapter 2

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Frage Antworten
Objective
Lernen beginnen
goal or target set by a business
Executives
Lernen beginnen
managers in an organizations or company who help make important decisions
Diversify
Lernen beginnen
to increase in the range of goods or services produced
Financial return
Lernen beginnen
money return
Profit maximization
Lernen beginnen
making as much profit possible in a given amount of time
Shareholders
Lernen beginnen
owners of limited companies
Dividends
Lernen beginnen
share of profit paid to shareholders
Profit satisficing
Lernen beginnen
making enough profit to satisfy the needs of business owners
Negotiation
Lernen beginnen
official discussions between two representatives of opposing groups who are trying to reach an agreement
Outcome
Lernen beginnen
result of an action
Evolve
Lernen beginnen
to develop and change gradually over a long period of time
Sustained
Lernen beginnen
continued for a long time
Legislation
Lernen beginnen
law or set of laws
Emissions
Lernen beginnen
gas or other substances that are send into the air
Evolve
Lernen beginnen
to develop and change gradually over a long period of time
Sustained
Lernen beginnen
continued for a long time
Legislation
Lernen beginnen
law or set of laws
Emissions
Lernen beginnen
gas or other substances that are sent into the air
Automation
Lernen beginnen
use of computers and machines instead of people to do a job
Economies of scale
Lernen beginnen
financial advantages of producing something in very large quantities
Large business
Lernen beginnen
employs more than 250 people
Small business
Lernen beginnen
employs fewer than 50 people
Revenue
Lernen beginnen
money from sales

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