ERP - is business management softwareusually a suite of integrated applicationsthat a company can use to store and manage data from

every stage of business Discretionary dooly, swobodny sole trader osoba fizyczna sole prioprietorship firma jednoosobowa Comprehensive caociowy Core rdze Payroll lista pac fixed assets rodki trwae

Expansion -> Boom -> Recession -> Depression -> Expansion

Investment cycle Trough koryto Slump zapa si EBITDA Evidence before interest, taxes, depreciation, amortization) Set-up

Appraisal wycena Megabucks gra pienidzy Able zdolny, kompetentny Bold miay, zuchway Complex zoony Dignified dostojny Modest skromny Tense nerwowy, napity Witty dowcipny Transition przejcie

The Johari window

The Johari window is a tool used to illustrate and improve self-awareness. It relies on disclosure and feedback, from the individual and from others around them.

Amortization - value lost on vehicles as they get older Balance of payments difference between the funds a country receives and those it pays for all international transactions Casual work - temporary employment that is not regular or fixed Consumption purchasing and using good and services Contract work - temporary employment by an organization to do a specific project or piece of work Cost of sales - the cost of advertising the product Deficit an amount of money that is smaller than is needed Delayering - removing unproductive parts of the management hierarchy to make organizations more flexible and efficient Demand the willingness and ability of consumers to purchase Depreciation - value lost on patents as they get older

Dividends - money paid to shareholders Downturn a decline in economic activity Downsizing - decreasing the number of permanent employees working for an organization Equilibrium a state of balance, for example when supply is the same as demand Expectations beliefs about what will happen in the future Fiscal policy government actions concerning taxation and public expenditure Flexible labor market - a situation in which it is easy for companies to hire non-permanent staff GDP the total market value of all the goods and services produced in a country during a given period Interest - the cost of loans from the bank Job sharing - employing two or more people on a part time basis to perform a job normally available to one person working full time Keynesianism the economic theory that government monetary and fiscal policy should stimulate business activity and increase employment in a recession Monetary policy government or central bank actions concerning the rate of growth of the money in circulation Money supply the total amount of money available in an economy at the particular time Outsourcing - using other businesses as subcontractors to supply components or services Rationalization/restructuring - reorganizing a company, business or system in a new way to reduce costs and improve efficiency and effectiveness Relocation - moving some of business's activities to another place or country Revenue - payments received from customers Save to put money aside to spend in the future Supply the willingness and ability of producers to offer Surplus an excess, a quantity that is larger than needed Taxes - money paid to the government Upturn an increase in economic activity