Vokabeln

A flexible, iterative approach to managing projects and teams.

comparing business performance against industry standards or competitors.

A financial calculation to determine the level of sales needed to cover all fixed and variable costs, resulting in zero profit or loss.

Offering multiple products or services together at a lower price than if they were purchased separately.

Identifying and creating opportunities to grow a company’s markets or products.

An economic system designed to ensure products and materials are kept in circulation through processes like maintenance, reuse, refurbishment, remanufacture, recycling, and composting.

A negotiated agreement between employers and trade unions that sets out terms and conditions of employment for a group of employees.

Setting the price of a product based on the prices of similar products offered by competitors.

Resolving disagreements in a constructive and positive manner.

Methods to address and resolve disputes constructively.

A measure that examines the weighted average of prices of a basket of consumer goods and services, used to assess inflation.

A legal agreement between a business and an independent contractor or freelancer.

The amount remaining from sales revenue after deducting variable costs, used to cover fixed costs and generate profit.

Communication strategies used by companies to interact with stakeholders.

Shared values, beliefs, and norms that shape behavior within an organization.

The statistical study of the characteristics of companies, such as their size, age, and growth patterns.

Ethical guidelines that govern business behavior and practices.

The framework of rules and practices that guide a company’s operations and decision-making.

Directing and controlling an organization to achieve strategic objectives.

relationship or connection between two or more variables where changes in one may affect the other

Tracking and analyzing costs associated with business operations.

A method of allocating costs to specific departments or units within an organization to track and control expenses.

Setting the price of a product by adding a specific amount or percentage to the cost of producing it.

Planning and executing strategies to manage and mitigate the impact of crises on an organization.

A measure of a country's international trade in goods and services, net earnings on cross-border investments, and net transfer payments.

Collecting, organizing, and maintaining data for analysis and decision-making.

Legal and organizational measures to ensure the privacy and security of personal data.

Measures to protect data from unauthorized access or breaches.

The process of making choices by identifying options and selecting the best one.

decrease or downward movement in value, quantity, or condition

The classification system for sustainability information that companies must use when reporting under the CSRD.

slight or temporary decrease or drop in value or level

An organizational structure where divisions are organized around products, markets, or geographical regions.

The concept that companies must assess and report on both the impact of their activities on society and the environment, and how sustainability issues affect their financial performance.

The increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

Initiatives and processes to enhance employee skills and career growth.

A legally binding agreement between an employer and an employee that specifies terms of employment.

Legal regulations governing the relationship between employers and employees.

Criteria used to evaluate a company's operations and performance in terms of sustainability.

The use of electronic systems to acquire goods and services.

Managing an organization's financial activities to achieve objectives.

Securing funds to support business operations or projects.

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.

change or vary irregularly, often up and down

prediction or estimation of future events or conditions based on analysis of available data

Standards developed by the European Financial Reporting Advisory Group (EFRAG) that companies must follow when reporting under the CSRD.

A long-term agreement with suppliers that sets out terms and conditions under which specific purchases can be made.

A self-employed individual who offers services to clients on a project or contract basis, rather than being permanently employed by a single organization. 

An organizational structure in which employees are grouped by specialization, such as marketing, finance, or production.

The practice of sourcing goods and services from the global market to take advantage of efficiencies.

slow, steady, and consistent

A sustainability indicator for banks, representing the proportion of sustainable assets to total assets.

The total value of all goods and services produced within a country over a specific period, used to measure the size and health of an economy.

Additional pay given to employees during their annual leave.

Managing the workforce to maximize organizational performance.

sign, signal, or measure that provides information about the state or condition of something

The percentage increase in the price level of goods and services over a period, indicating the rate at which the purchasing power of money is declining.

The cost of borrowing money, expressed as a percentage of the amount borrowed, influencing economic activity and inflation.

An inventory strategy to increase efficiency by receiving goods only as they are needed in the production process.

Organizing and managing knowledge to enhance learning and performance.

Different approaches to leading and managing people in organizations.

Coordination of resources to deliver goods and services efficiently.

The branch of economics that is concerned with the major, general features of a country’s economy, such as the level of inflation, unemployment, or interest rates.

Evaluating the dynamics, size, and trends of a market to make informed decisions.

Strategically placing a product or service in the market to attract customers.

Legal provisions that protect the rights of pregnant employees and new mothers.

A hybrid structure combining functional and divisional approaches, with dual reporting relationships.

The branch of economics that is concerned with individual areas of economic activity, such as those within a particular company or relating to a particular market, e.g. (supply and demand, market forms (perfect markets, monopoly, oligopoly) and market equilibria).

A flexible, decentralized structure where multiple organizations collaborate to achieve shared goals.

A contractual provision restricting an employee from working for competitors or starting a competing business for a specific period after leaving a job.

Reporting on environmental, social, and governance (ESG) aspects, beyond traditional financial metrics.

The period of time that must be given by either the employer or employee before terminating the employment contract.

Strategies to improve an organization’s effectiveness and adaptability.

Indirect costs associated with running a business, such as utilities, administrative expenses, and depreciation.

Hours worked by an employee beyond their regular working hours, often compensated at a higher rate.

highest point or maximum level of a trend or value

Setting a low price for a new product to attract customers and gain market share quickly.

Setting a high price for a product to create the perception of high quality or exclusivity.

Setting a high price for a new product initially and then gradually lowering it over time.

Planning and monitoring processes to optimize organizational performance.

Improving processes to maximize efficiency and effectiveness.

Involves the design and management of workflows and processes within an organization.

The process of obtaining goods and services for business operations.

Overseeing the lifecycle of a product, from development to market.

estimate or prediction about future trends or outcomes

An organizational structure focused on executing projects, often with temporary teams formed for specific initiatives.

Setting prices that have a psychological impact, such as $9.99 instead of $10.00, to make the price appear lower.

Laws governing economic activities from a public policy perspective.

The total amount of money that a government owes to creditors, often expressed as a percentage of GDP.

Ensuring products or services meet customer expectations and compliance standards.

The compensation, including salary, bonuses, and other benefits, provided to an employee for their work.

A trial period at the beginning of employment during which the employer assesses the employee's suitability for the job.

Strategies to enhance an organization’s ability to adapt and thrive amidst challenges.

Planning, allocating, and optimizing the use of resources, such as human, technological, and financial resources, to achieve organizational goals.

Assessing potential risks and their impacts on business decisions.

The process of identifying, assessing, and controlling threats to an organization's capital and earnings.

part or portion of a larger whole, often used to divide a market or group

sudden, steep, or abrupt (change)

not changing or developing; implies that there is little or no progress over a period of time

Identifying and engaging with individuals or groups impacted by business activities.

Managing an organization's strategy to achieve long-term goals.

The process of assessing and approving potential suppliers through quantitative and qualitative criteria.

The entire network of entities involved in producing and delivering a finished product to the end user.

The requirement for companies to provide assurance on the sustainability information they report.

Metrics that companies must report on to demonstrate their sustainability performance.

The process of disclosing information on a company's sustainability performance, including its impact on society and the environment.

A long-term plan to achieve sustainability goals within an organization.

Understanding the characteristics and needs of a specific customer group.

A structure emphasizing collaborative teams that work together towards common objectives.

The process of inviting suppliers to bid for the supply of goods and services.

surpass or exceed something in terms of speed, progress, or development

Refers to the arrangement of tasks, responsibilities, and authority within an organization.

decrease or decline rapidly and sharply

return to a previous level or condition after a decline

become smaller in size or amount, often as a result of a contraction

rising rapidly or dramatically over time

become more stable, secure, or steady

The comprehensive assessment of all costs associated with the acquisition, operation, and disposal of an asset.

The difference between a country's exports and imports of goods and services, indicating the net trade position.

Financial strategies and investments aimed at supporting the transition to a sustainable economy.

lowest point or minimum level of a trend or value

The percentage of the labor force that is unemployed and actively seeking employment.

The right of an employee to take paid time off work as specified in the employment contract or by law.

Setting the price of a product based on the perceived value to the customer rather than the cost of production.

subject to rapid and unpredictable changes, often with high fluctuation

Costs that vary directly with the level of production or sales, such as raw materials and direct labor.

The hours during which an employee is expected to perform their job duties.

The total income earned by a country's residents and businesses, including any income earned abroad.