Market management

20 Commerce terms

Key vocabulary about Market Things

Appearance
noun
the way that someone or something looks
Example: In general, people tend to spend large sums of money, time and effort in order to improve their APPEARANCE
es: Apariencia
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Brands
noun
a type of product manufactured by a particular company under a particular name.
Example: Learning that culture has a significant influence on business strategy, BRANDS, and marketing activities is to me, stimulating.
es: Marcas
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Business
noun
commercial activity.
Example: Communication is an essential element to the effective running of any BUSINESS.
es: Negocio
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Changing
verb
make (someone or something) different; alter or modify.
Example: By CHANGING the internal structure of the firm, the flow of information and the benefits of team work and specialization can be increased.
es: Cambiando
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Company
noun
a commercial business.
Example: Their may also have been stories about Simon Marks who was a shrewd businessman and revolutionised M&S into a successful COMPANY
es: Compañía
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Competition
noun
the activity or condition of striving to gain or win something by defeating or establishing superiority over others.
Example: Monopoly is a form of market failure and is less efficient than COMPETITION.
es: Competencia
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Distribution
noun
the way in which something is shared out among a group or spread over an area.
Example: Organizational structure can be tall or flat, depending on the power DISTRIBUTION.
es: Distribución
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Features
noun
A distinctive attribute or aspect of something.
Example: The skeleton dated to 25,000 years BP, has been claimed to show mixed Neanderthal-modern FEATURES.
es: Características
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Inexpensive
adjective
not costing a great deal; cheap.
Example: However, different from other rivals, they focused on matching their technology strategy (sound trucks download service) with business strategy (iPod player product sales) and customer requirement (INEXPENSIVE, large collections with convenient service)
es: Barato
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Jewellery
noun
personal ornaments, such as necklaces, rings, or bracelets, that are typically made from or contain jewels and precious metal.
Example: He had no JEWELLERY on.
es: Joyería
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Limited
adjective
restricted in size, amount, or extent; few, small, or short.
Example: The tax could be justified in the light of Mauritius's LIMITED quota in the EEC preferential market and the low demand for sugar in the world free market.
es: Limitada
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Market
noun
an area or arena in which commercial dealings are conducted.
Example: The farm can compete by either joining this MARKET or by producing high quality goods and low prices that will hopefully make customers buy them.
es: Mercado
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Marketing
noun
the action or business of promoting and selling products or services, including market research and advertising.
Example: Other popular diversification schemes include selling produce straight to the consumer and entering agri-environment schemes both of which require some sort of direct MARKETING to the general public.
es: Márketing
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Packaging
noun
the business or process of packing goods.
Example: He also introduces Pre-actor to aid in stock control and CAD systems to add value in his timber PACKAGING business.
es: embalaje
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Price
noun
the amount of money expected, required, or given in payment for something.
Example: Yield is so small a high PRICE of around 75 pence a litre can be obtained.
es: Precio
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Product
noun
an article or substance that is manufactured or refined for sale
Example: So the initial step to diversification is assessing potential demand for PRODUCT using the tools of market research, local knowledge and evaluation of local competing businesses.
es: Producto
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Promotion
noun
the publicizing of a product, organization, or venture so as to increase sales or public awareness.
Example: PROMOTION alone does not equal success, other factors from the marketing mix have to be incorporated.
es: Promoción
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Services
noun
the action of helping or doing work for someone.
Example: Market research may also prove vital when sourcing capital, as proves to potential investors or banks that diversification in livery SERVICES will see safe and increased financial returns.
es: Servicios
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Size
noun
the relative extent of something; a thing's overall dimensions or magnitude; how big something is.
Example: This is due to the SIZE of businesses many rural being sole traders, education, and the cost of set up and the accessibility of the Internet.
es: Tamaño
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Supply
verb
make (something needed or wanted) available to someone; provide.
Example: This will include communicating with the organisation that we SUPPLY our milk to.
es: Suministro
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