2. •
CONSESION:
Act by which a company gets another permission to use its patents, trademarks, designs or technologies. Within Concessions are
different forms, such as licensing or franchising.
•
EFFICIENCY:
It is the ability to do the work outlined in the best way possible with a minimum of resources used.
•
EFFICACY:
It is the ability to succeed in the selection of the objectives, and the more appropriate according to the goals of the organization.
•
FRANCHISE:
Contract by which a license is granted to a company , yielding to this their trademark , machinery and administrative culture .
FUSION:
The process in which two or more businesses join together for the purpose of forming a new company , usually regardless of the
above.
GLOBALIZATION:
Process of enlarging the production and supply of goods and services worldwide. It is understood as a political and economic process
whose vision is to make the world - globe - a single market. There are clashes in the conception of the current globalization process ,
both for and against it. Is viewed as a process . By transforming business customs , also affect behaviors and lifestyles, so too must
then be understood as a social and cultural process .
GOOD WILL:
It is a concept that has the characteristics that differentiate a company from its competitors , granting him your differentiator in the
market, commonly reflected in their competitive advantage. It is not easy to measure or determine .
HOLDING:
Management organization where the parent company is the owner of the shares of its subsidiaries. Management controls and usually
turn to other firms in the business group. It can be a business group in the same sector or different companies also economic and
productive sectors .
INNOVATION:
Changes that are made in order to improve outcomes and impacts both the company and to the consumer or buyer of their goods
and services. Are performed in order to improve production and operational techniques , so as to obtain the same (or greater)
number of higher quality production with fewer resources . Some innovations result in creations or something existing improvements
( inventions ) or the incursion of something never before used ( discoveries ), all linked to the investigation.
3. •
ISO 9000:
Regulations that evaluates the ability of a company to manufacture its products steadily through processes of good quality.
ISO 14000:
Regulations that evaluates the ability of the company to produce its goods through processes of good quality and high efficiency in
ecological and environmental care .
JOINT VENTURES:
Covenant concluded between two or more companies in which you create a new company together with a specific goal .
LICENSES:
Contract by which a company receives from another the right to use more of its assets in exchange for payment of an amount
determined by the use thereof. These assets are unique to the grantor company , as its brand, patents or technologies.
•
PRIVATIZATION:
The process by which an organization or state public property passes to control private property. Usually done by selling state-owned
to private capital.
PRODUCTIVITY:
Level of efficiency and effectiveness that successfully combined offer improvements results in the production of the company.
Reengineering:
A process in which a company reinvents all processes performed internally and externally, so that the above methods are processed
in full.
CRITICAL PATH:
Line the entire production process of the company describes the procedures delayed in time that may relate to key success factors of
the company with respect to its production process .
COMPETITIVE ADVANTAGE:
Basic features of a company or aggregate that give distinction in these aspects compared to its direct and indirect competition .
4. •
MONOPOLY:
Company or company in the market is only bidder for a good or service without competition , controlling all variables related to it (price, quantities
produced, quantities supplied ) .
MULTINATIONAL:
Companies operating in more than one country , making their operations input , process and output internationally.
COLLECTIVE BARGAINING:
That in which the terms and agreements made are made according to the advice and consent of all the fans and employees of the organization.
OLIGOPOLY:
Joint companies undertake under fair pricing in order to control the prices of a set of goods or services that only they offer in a given market .
Oligopsony:
Contrary to oligopoly market is one in which there are few consumer of goods and services specified .
ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES OPEC
Created in 1960 in order to coordinate policies and concerning oil towards the countries of the organization (Saudi Arabia , Algeria , Ecuador , United
Arab Emirates , Gabon , Indonesia , Iraq , Iran , Qatar , Kuwait , Libya , Nigeria and Venezuela ) and compared them to their buyers.
OUTSOURCING:
How to improve competitively engaging the services of other companies specializing in some processes that are not themselves the objects of the
company.
