外教社 商务英语入门期末概念,词汇等总结.doc
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1、一 Forms of Business Ownership1. 重要的短语和词汇 joint ventures 合资企业 corporations 公司 limited liability companies 有限责任公司 mergers and acquisitions 企业兼并与收购 franchises 特许经营 raise capital 筹资 fringe benefits附加福利 drawback 阻碍 make binding decisions 做出有约束力的,附有义务的决定 agreement 协议 creditor 债权人 pool their money and cred
2、it 筹资和贷款 dividend 股息 incorporate a business 组建公司 capital base 资本基础 retain profits 保留盈余 interdisciplinary 跨学科的 claim bankruptcy 宣布破产 a salaried laborer or employee 上班族 high-achievement employee generate profit 创造利润 wind up/close business 关闭生意 be liable for 对.负有法律责任 state-owned enterprise 国有企业 broad o
3、f directors 董事会 barre 除.之外 issuance 发行 minute book 记录簿 bylaws and minutes 规章制度和会议记录 annual report 年度报告 sales volume 销售量 total assets 总资产 financial condition 财政状况 satisfy claims 还清索赔金额 pay off business debts 偿清债务 terminology 术语 paperwork 文书工作 default 违约 real state 房地产 create a concentrated market 形成一
4、个集中市场 availability 可利用性 innovation 创新 sec-kill scandal 秒杀门 start from scratch 白手起家 a franchise agreement 特许经营合同 franchise 特许者 franchisee 被特许者 trademark 注册商标 deliver a product or service 送货/提供服务 coupon 优惠券 production line 生产线 2. 定义:An organization that is owned.and usually managed,by one person is ca
5、lled sole proprietorships(个人企业) Advantage:Be your own boss/Keep profit from your business/Enjoy freedom to wind up your business Disadvantage: Difficult to raise capital /Unlimited liability/Long hours working for the owner/Limited life span /Lose fringe benefitsPartnership(合伙企业): A legal relationsh
6、ip between persons carrying on a profit-motivated business. (maybe a partnership between two partners or among thirty )Advantages Bring different skills and resource the business /Easier to pay the rent ,utilities ,and other bills incurred by a business (A limited partnership is specially to designe
7、d to raise money )Disadvantages Personally responsible for liability of the partnership/There exists division of profits/Disagreement among partners/Difficult to terminate Key elements of general partnership (1)common ownership(2)shared profits and losses (3)the right to participate in managing the
8、operation of the businessGeneral partnership(普通合伙):a business with at least one general partner who has unlimited liability(无限责任)for the debts of the business (general partners arrange and run the business)Limited partnership(有限合伙): An arrangement where a person can contribute to a business without
9、being involved in the affairs of the partnership (limited partners are investors only)Joint Ventures: (合资企业)the pooling of resources and expertise by two or more business ,typically from different areas or countries to achieve a particular goal .the risks and rewards of the enterprise are also share
10、d (eg:Hewlett-Packard and Samsung).Advantage Access to new markets and distribution networks*分销渠道)/Increased capacity(生产力)/The sharing of risks with a partner/Access to specialized staff and technology.Disadvantages 1.If the objective of the venture is completely clear ,or not communicated to all th
11、e staff ,problems are likely to arise .2.There is an imbalance in the level of the expertise ,investment or assets brought into the venture by the different the partners3.Different culture and management style results in poor integration and co-operation between the partners.4.The partner businesses
12、 (总公司)do not provide sufficient leadership and support in the early stageThe corporation (公司):a legal entity(法人实体) ,allowed by legislation ,which permits a group of people ,as shareholders(股东) (for-profit companies 盈利性企业) or members (non-profit companies), to create an organization, which can then f
13、ocus on pursuing set objective ,and empowered(授权与) with legal rights which are usually only reserved for individual ,such as to sue or be sued ,own property ,hire employees or loan and borrow money Advantages(P12.13) Limited liability /Skilled management team /Transfer of ownership /Greater capital
14、base/Stability Disadvantages(P13,14) Multiple taxation(双重课税) /Difficulty and expense of starting /Government involvement /Lack of secrecy /Lack of personal interest /Credit limitations(信用额度)(P13,14)Limited liability companies (LLC):(有限责任公司)A type of business ownership combining several features of c
15、orporation and partnership structure .It is not a corporation or a partnership .The numbers of the members are unlimited and may be individual Advantages Limited liability /Flexible profit distribution(灵活的利益分配)/No minutes/Flow through taxation(转移课税)Disadvantages Limited life /Going public (上市)/Added
16、 complexity(变得复杂)Merger(兼并) :the result of the combination of two companies (or corporations) to form a new company .Acquisition(收购) :one company buying the property and obligations of another company A horizontal merger(横向收购)joins firms in the same industry and allows them to diversify(横线多样化)or exp
17、end their products (e.g. The merger of a bicycle company and a tricycle company , TCL and TMS )A Vertical merger(纵向兼并)is the joining of two firms involved in different stages of the related business a manufacture(生产商)merging with a supplier(供应商)of component(零部件) products ,or a manufacturer merging w
18、ith distributor(分销商)of its products.A potential competition merger(conglomerate)(混合兼并)unites firms in completely unrelated industrials.A franchises (特许经营)is the right to use a business name and sell products or services, usually in a specific geographical territory. (McDonalds and KFC). Advantages I
19、t is a way to reduce risk and receive support from a large network./The preliminary work has been done with an infrastructure (基础设施)well established, a product line (产品线)in place, and the marketing strategy (营销策略)developed. /The customer base (顾客群)may be set, sometimes with good name recognition.(品牌
20、认同) /The franchiser usually provides management assistance and training and may offer financial support. Disadvantages A franchise offers less freedom than an independent business.Initial franchise fees(加盟费) may be expensive. (Start-up costs for a KFCs restaurant is about $5 million to $6 million in
21、 China.)/The franchise often demands a large share of the profits referred to as royalty payments(专利权税)./The reputation of one franchisee could be adversely affected by the failings of others.Types of corporationsPrivate Attempts to earn a satisfactory profitPublic Owned and run by the governmentClo
22、sed Stock held by only a few owner and not sold on the stock marketOpen Stock held by numerous people and actively sold on the marketMunicipal Cities and townships that carry out businessDomestic incorporated in one province or country and doing business within that regionForeign Incorporated in one
23、 province or country and doing business in another province country Alien Incorporated in one nation and operating in another nation Non- Service organization incorporated forProfit limited- liability status二 Management 1.定义:(1.)Management is defined as the application of planning,organizing,directi
24、ng,and controlling functions in the most efficient manner possible to accomplish meaningful organizational objectives. The theme of management is that a central person must-by using such skills as decision making,communication and objective setting-coordinate the work activities of others to achieve
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