Vocabulario

Unit 1 Companies
asset n [C] something belonging to an individual or business that has value or the power to earn money: The company has recently sold some of its assets to an Australian investor [activo] Collocations tangible assets, intangible assets, fixed assets, liquid assets company n [C] a legally registered business [sociedad] There are many different types of companies: holding company(holds the share capital of one or more other companies) [sociedad de cartera] joint stock company (registered company or limited company) [sociedad por acciones] public limited or listed company (company whose shares are traded on the stock exchange) [sociedad anónima o cotizada en bolsa] subsidiary (company owned by a parent company) [subsidiaria] Synonyms corporation n [C] AmE [corporación]concern n [C] [empresa] business n [C] [negocio] competition n [U] rivalry between businesses that are operating in the same market: The competition is getting tougher every year [competencia] – compete v [I] [competir] – competitor n [C] [competidor/a] – competitive adj [competitivo/a] – competitiveness n [U] [competitividad] Collocations competitive advantage entrepreneur n [C] someone who starts acompany, arranges business deals and takes risks: Entrepreneurs have always played a key role in the economy [empresario/a] – entrepreneurial adj [empresarial] – entrepreneurship n [U] [iniciativa empresarial] freelance n [C] someone who works for different companies and is not employed by one [autónomo/a] Freelancers usually receive fixed payments and not a salary: We’re going to use a freelancedesigner for the company website – freelancer n [C] [autónomo/a] – freelance adj [autónomo/a] hierarchy n [C] system of authority within an organisation: Many Swedish firms have very flat hierarchies [jerarquía] – hierarchical adj [jerárquico/a] Collocations flat hierarchy, steep hierarchy, traditional hierarchy merger n [C] the creation of a new company by joining two separate companies: Themerger will have to be approved by the authorities [fusion] – merge v [I,T] [fusionar] share n [C] a unit of the capital of a company Shares in listed companies can be bought and sold on the stock market: Investors are having to pay a higher price for the company’s shares [acción] – shareholder n [accionista] [C] stockholder n [C] US [accionista] – shareholding n [C] [tenencia de acciones] Synonymstock n [C] AmE[ valores] Collocations share capital, share certificate, share dealing, share issue, share price trade union n [C] an organisation that exists to protect the rights of employees in a company: The trade union is in pay negotiations with the employer [sindicato] Synonym labor union n [C] AmE [sindicato de trabajadores]

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Unit 2 Leadership
appraise v (T) to assess the value of something Staff are regularly appraised to see if they have met the objectives that they are given: The department manager will appraise each employee individually [evaluar] – appraisal n [C] [evaluación] – appraisee n [C] [evaluado/a] – appraisor n [C] [evaluador/a] Collocations annual appraisal, performance appraisal authority 1n [U] the power to impose decisions: The managers in our company have a great deal of authority [autoridad] – authorise v (T) [autorizar] – authorisation n [U] [autorización] – authoritative adj [autoritario/a] – authoritarian adj [autoritario/a] Collocations lines of authority 2 n [C] a public institution which is in charge of enforcing regulations or administering a government service: Thepublic health authority. autonomy n [U] the freedom to make your own decisions without having to request authorisation: I’ve always believed that it’s best to give staff as much autonomy as possible [autonomía] – autonomous adj [autónomo/a] coach 1 n [C] person who is responsible for training a team or an individual: He’s a very successful football coach [preparador/a] 2 v [T] to train people to help...