Sunday, October 20, 2019

German Words and Phrases for Speaking Business

German Words and Phrases for Speaking Business Conversing in German is one thing, but conducting business in German if youre not a native  speaker can be a bit challenging. Here are some examples of terms you may encounter when doing business in a German-speaking country, listed alphabetically. Business-related German Vocabulary Accountant  der Buchhalter/die Buchhalterin   Ã‚  Certified public accountant (CPA)  m.  der Wirtschaftsprà ¼fer   Ã‚  Certified public accountant (CPA)  f.  die Wirtschaftsprà ¼ferin   Ã‚  Tax accountant (certified tax advisor)  m.  der Steuerberater   Ã‚  Tax accountant (certified tax advisor)  f.  die Steuerberaterin   Audit  n.  die Bilanzprà ¼fung  (-en),  die Rechnungsprà ¼fung  (-en)   Ã‚  Field audit (tax)  die Außenprà ¼fung   Ã‚  Tax audit  die Steuerprà ¼fung Audit division/office  der Rechnungshof Audit  v.  die Bilanz prà ¼fen Auditor  der Bilanzprà ¼fer  (-),  die Bilanzprà ¼ferin  (-nen),  der Rechnungsprà ¼fer,  der Steuerprà ¼fer  (tax) Auto-reply, out-of-office auto-reply  n.  die Abwesenheitsnotiz,  die Eingangsbesttigung Balance (sheet)  fin.  die Bilanz  (-en) Balanced  adj.bilanziert Bank  n.  die Bank  (-en) Board  n.  der Vorstand,  der Ausschuss,  das Gremium   Ã‚  Board of directors  der Vorstand   Ã‚  To be on the board  im Vorstand sitzen/sein   Ã‚  Board of governors  der Verwaltungsrat/der Aufsichtsrat   Ã‚  Board of trustees  der Beirat Board meeting  die Vorstandssitzung  (-en) Boardroom  der Sitzungssaal  (-sle) Business  das Geschft  (-e),  die Wirtschaft,  die Branche,  der Betrieb  (-e),  das Unternehmen Cash  n.  das Bargeld   Ã‚  Cash advance  der Vorschuss   Ã‚  Cash dispenser/machine  der Geldautomat   Ã‚  Cash or charge?  Zahlen Sie bar oder mit Karte?   Ã‚  Cash point  Br.  die Kasse   Ã‚  To pay cash  bar bezahlen Certified public accountant (CPA)  m.  der Wirtschaftsprà ¼fer  (-) Certified public accountant (CPA)  f.  die Wirtschaftsprà ¼ferin  (-nen) Certified tax advisor  m.  der Steuerberater  (-) Certified tax advisor  f.  die Steuerberaterin  (-nen) Client  law  der Mandant  (-en),  die Mandantin  (-nen) Client  der Klient  (-en),  die Klientin  (-nen) Client, customer  der Kunde  (-n),  die Kundin  (-nen) Credit, loan  der Kredit   Ã‚  Tetter of credit  der Kreditbrief  (-e)   Ã‚  On credit  auf Kredit Credit balance  der Kontostand Debt  die Schuld  (-en),  die Verschuldung  (-en)   Ã‚  Debt collection agency  das Inkassobà ¼ro   Ã‚  Debt rescheduling  die Umschuldung   Ã‚  National debt  Staatsschulden  pl.   Ã‚  To be in debt  verschuldet sein Enterprise  das Unternehmen  (-)   Ã‚  A family enterprise/business  ein Familienunternehmen Euro  der Euro  (-)   Ã‚  It costs ten euros  es kostet zehn Euro Exchange (stock)  die Bà ¶rse  (-n) Exchange traded option  bà ¶rsengehandelte Option Firm, company  die Firma  (Firmen) Fiscal year  das Rechnungsjahr Global economy  die Weltwirtschaft Globalization  n.  die Globalisierung Globalize  v.  globalisieren Global trade  der Welthandel Gross  n.  das Gros  (no pl.) Interest  die Zinsen  pl.   Ã‚  Interest bearing  mit Zinsertrag   Ã‚  Interest rate  der Zinssatz  (-stze)   Ã‚  To bear/pay 5% interest  5% Zinsen ertragen Investment  die Kapitalanlage  (-n),  die Investition Investment guidelines  die Anlagerichtlinien  (pl.) Investor  der Anleger  (-),  die Anlegerin  (-innen) Invoice  die Rechnung  (-en) Invoice amount  der Rechnungsbetrag Job  der Job  (-s),  die Arbeit  (-en),  die Stelle  (-n) Market  der Markt  (Mrkte) New Market  Neuer Markt  (Germanys NASDAQ) Portfolio  fin.  das Portfolio  (-s) Premium  fin.  die Prmie Price  der Preis  (-e) Purchase  v.  kaufen Purchase  n.  der Kauf  (Kufe) Purchase order  die Auftragsbesttigung  (-en) Purchaser, buyer  der Kufer  (-),  die Kuferin  (-innen) Speculation  die Spekulation  (-en) Speculator  fin.  der Spekulant  (-en) Stock exchange/market  die Bà ¶rse  (-n) Subsidiary  die Tochtergesellschaft  (-en) Tax  die Steuer  (-n) (Caution!  Das Steuer  means steering wheel, tiller or helm.) Taxable  steuerbar Trade, trading  n.  der Handel,  die Geschfte  pl Transaction  n.  die Transaktion Value  der Wert  (-e) Venture capital  n.  das Beteiligungskapital,  das Risikokapital Volatility  die Volatilitt How to Write a German Business Letter The following sample business letter could be used for correspondence in Austria, Germany or Switzerland, if the writer wanted to make an inquiry at the local tourist office in Kirchdorf. Betreff: Hotels und Pensionen in Kirchdorf 4 Sehr geehrte Damen und Herren,wà ¼rden Sie mir freundlicherweise 5 eine Liste der Hotels und Pensionen (der mittleren Kategorie) am Ort zusenden? Daneben 6 bin ich an Informationen à ¼ber Busfahrten zu den Sehenswà ¼rdigkeiten 7 der Umgebung im Juli interessiert. Vielen Dank im Voraus!8 Mit freundlichen Grà ¼ÃƒÅ¸en[signature]Johann Mustermann Translation:   Subject: Hotels in Kirchdorf 4 Dear Sir or Madam, Would you kindly send me a list of the five hotels (middle category) in your location? In addition,  I am interested in information on bus trips to local attractions in July. Thanks in advance!   Best regards[Signature]Johann Mustermann German Business Expressions and Phrases Here are some phrases you may want to learn that would be useful in business conversations in German.   Bank/at, in a bank:  Ã‚  die Bank/bei der Bank, in einer Bank Factory/in a factory:  Ã‚  die Fabrik/in einer Fabrik Highrise/in a highrise:  Ã‚  das Hochhaus/in einem Hochhaus Office/in an office:  Ã‚  das Bà ¼ro/im Bà ¼ro, in einem Bà ¼ro Skyscraper/in a skyscraper:  Ã‚  der Wolkenkratzer/in einem Wolkenkratzer Do you have an appointment?  Ã‚  Ã‚  Sind Sie angemeldet? I have an appointment at 3 oclock with...  Ã‚  Ã‚  Ich habe einen Termin um 3 Uhr mit... Id like to speak with Mr./Mrs. Smith:  Ã‚  Ich mà ¶chte Herrn/Frau Smith sprechen. Can I leave a message?  Ã‚  Ã‚  Kann ich eine Nachricht hinterlassen? Dear Madame: (no name)  Ã‚  Ã‚  Sehr geehrte gndige Frau, Dear Mr. Maier:  Ã‚  Ã‚  Sehr geehrter Herr Maier, Lieber Herr Maier, (less formal) Dear Ms./Mrs. Maier:  Ã‚  Ã‚  Sehr geehrte Frau Maier, Liebe Frau Maier, (less formal)

Saturday, October 19, 2019

Organizational Behavior Essay Example | Topics and Well Written Essays - 750 words - 5

Organizational Behavior - Essay Example The Department of Justice of the United States of America clearly stipulates its mission statement, to wit: â€Å"to enforce the law and defend the interests of the United States according to the law; to ensure public safety against threats foreign and domestic; to provide federal leadership in preventing and controlling crime; to seek just punishment for those guilty of unlawful behavior; and to ensure fair and impartial administration of justice for all Americans† (USDOJ:About DOJ, 2010, par. 1). To enable a prestigious organization like this to achieve its mission and goals, a clear hierarchy of organizational structure was designed to ensure that each and every personnel has specific duties and responsibilities that contribute towards its achievement. Accordingly the field of organizational behavior assists criminal justice agencies in the implementation of strategies to facilitate the accomplishment of organizational objectives. In this regard, the objective of the essay is to proffer an understanding of organizational behavior in a criminal justice agency. The important elements of organizational behavior would be described including how these can challenge the effectiveness of an agency. Schermerhorn, Hunt, & Osborn (2008, 5) define organizational behavior (OB) as â€Å"the study of human behavior in organizations. It is an academic discipline devoted to understanding individual and group behavior, interpersonal processes, and organizational dynamics with the goal of improving the performance of organizations and the people in them†. Thereby, the important elements to be considered in an organization, including that of a criminal justice agency, are the organization’s purpose, mission, and strategy; organizational environment and stakeholders; organizational culture; workforce diversity; and leadership, among others. There were marked differences on the features and characteristics

Friday, October 18, 2019

What dose future hold for organanized labor in the u.s commercial Research Paper

What dose future hold for organanized labor in the u.s commercial aviation industry - Research Paper Example The decline in organized labor was to such an extent that by the beginning of the 21st century, it represented less than 10% of private sector workers although in the public sector organized labor still represented about 35% of all workers. In 2005, there was another setback to organized labor, when two of America’s most powerful unions – SEIU and Teamsters – resigned from AFL-CIO. The commercial aviation industry has been undergoing several setbacks due to rising prices for jet fuel, increasing uneasiness about the legacy carriers moving towards bankruptcy which can disrupt the market place, and issues such as public liability potential for unfounded pensions of major carriers (ENO, 2005). Strategies in the commercial aviation and airlines industry has been evolving based on two factors – growing concern for passenger safety and ever increasing and changing consumer demands and expectations (Appelbaum & Fewster, 2003). The strategy thus has to focus on ho w the HR department aligns the activities, policies and procedures with the employee and labor relations. Despite these challenges, passengers traveling by air is on the rise and is expected to double by 2025 (ENO, 2005). The aircraft operations are expected to triple which implies that public confidence in safety is back to normal. It is feared that public safety may be taken for granted in the future, which could lead to under funding of safety measures. It is very important that Air Traffic Management (ATM) system handles the growing congestion in the skies efficiently and safely. However, the Federal Aviation Administration (FAA) in the past two decades had failed to bring about significant improvement. There are inefficiencies built into the current labor contracts within the airline labor unions. According to a union representative the airline management cannot ‘plead temporary insanity’ regarding the

Market prices, Valuation Principle, Net present Value, interest rates, Essay - 4

Market prices, Valuation Principle, Net present Value, interest rates, and bonds - Essay Example For several reasons investor would be interested in periodically checking value of actual return on investment, primary reason has to do with stability of portfolio itself. If the overall rate of return is low or is likely to decrease, it signals that diversification in investment types would be needed. Despite diversification, loss in return on investment indicates that one or more investment types are composed of higher percentage of total investment than desired. In both cases, lower than expected value of realized return can convince investor to make changes in order to avoid incurring further losses. Systematic risks are fluctuations in stock’s return due to factors beyond market control and it can not be eliminated through diversification. Systematic or non-diversifiable risk is a common risk affecting all stock; causes include wars, inflation, political events and international incidents. Risk free rate of return is used to compensate this risk type. On contrary, unsystematic risks are fluctuations of stock’s return associated with random causes that can be eliminated through portfolio diversification. Unsystematic or diversifiable risk is a firm-specific risk, contributing factors include lawsuits, strikes or regulatory actions and market risk premium is used to compensate such risk. Total risk of portfolio is not simply equal to the weighted average of the risk of individual securities in the portfolio because of continuous diversification. Such diversification reduces portfolio’s total risk though all risks cannot be diversified. Risk factors (economic conditions, interest rates) of all stocks, bonds, securities are almost same and cannot be eliminated, whereas investors can eliminate systematic risk to some extent by portfolio diversification. Addition of more securities drops down unsystematic risk, until total risk approaches to systematic risk. The fact that diversification is

Inventory Accounting for Product Lines Case Study

Inventory Accounting for Product Lines - Case Study Example The custom auto and motorcycle paints are not distinguishable items as distinctively as the automobile kits. They have a shelf life of 60 days which means that paints entering the inventory must be leaving it within 60 days or else they will be identified by the expired coloration. This suggests a running inventory line where the inventory moves linearly. The paints bought first are sold first and the paints bought last are sold last. But since the inventory is not linearly distributed i.e. it cannot be ascertained as to how many days a particular paint has been sitting in the warehouse, the most appropriate inventory costing system would be average costing. This would mean that the cost of goods sold will incorporate the linear movement of inventory and allow for averaged costs over time. Average based costing would ensure that the proportions of the paints sold would be used to estimate the final COGS - weighted averages have significant accuracy in such inventory models. The other items in inventory (bulbs, stickers, fuses, etc) are low-priced items and the shuffli

Thursday, October 17, 2019

Sociological Imagination Essay Example | Topics and Well Written Essays - 1250 words - 1

Sociological Imagination - Essay Example capacity to shift from one perspective to another; the capacity to range from the most impersonal and remote transformations to the most intimate features of the human self – and to see the relations between the two of them. (1959: 9) The theorist is of the view that social change is an inevitable phenomenon that takes place in all human societies of the globe at large from the most primitive to the most modern ones. This social change, according to the theorist, may be the outcome of some immediate incident or catastrophe as well as the historical background of the society where the change is going to come about. Such transformation can alter the entire social environment including the prevailing social norms and traditions existing within a social set up. Mills believed that the persons need to have an understanding of the history of their society to understand the society, and themselves in it, and through this determine what their moral values are.  (Quoted in members.oz email.com.au) Hence, the latest or upcoming change can be estimated by looking into the traits and characteristics of transformations took place in the society in past. Since social change is inevitable in every culture and civilization and has been in vogue for centuries everywhere in the world, it vehemently revolutionizes professional, domestic, cultural and religious milieu. Though the pace, causes and consequences of such cultural transformations may be divergent in nature, scope and exposure, yet these are sure to pave the way towards adaptation of new ways, style and approaches in their wake. It sometimes happens that one single event or incident may bring revolutionary changes in social establishment. For instance, wars and hostilities inflicted by the big powers upon the weak countries deteriorate the very foundations of the vanquished states; as the lust of the western countries to capture the wealth and territories of the financially rich but strategically weak countries of Asia

Health and social care Assignment Example | Topics and Well Written Essays - 750 words

Health and social care - Assignment Example The policy also focuses on restricting the supply of drugs and imposing restriction on the people who are engaged in drugs trade activities. The Care Standard Act 200 imposed for providing assistance to the children by reducing the irregularity and unfairness. Various facilities residential care homes, nursing homes and children homes for development of health of the children. The main aim of this standard is to enhance the health of the children. This act covers a wide perspective such as parental responsibility, protection of child etc. This act imposes duty and responsibility on wide number of individuals or organizations for promoting and safeguarding the welfare of the children (Waller, 2009). The main role or the responsibility of the work force development is to assist the volunteers, staff and the trustees by performing the function as an individual or in team and thus assisting them to develop and improve their skills , creativity , understanding and knowledge in performing the work effectively and efficiently towards the achievement of the goals and objectives. It also helps in improving the delivery of services. The term children workforce is considered as a narrow perspective for discussing and determining whether the work is paid or unpaid. The workforce development mainly comprises of recruiting, retaining and developing of the volunteers and staff for achieving the objectives and goals set by the organization. Training, induction, qualification, appraisals, monitoring, supervision and reading together contributes towards the workforce development. Work force development strives towards providing better service to the individuals and the communities who are invol ved. It fulfils the expectation of the funders in terms of improving the effectiveness and quality. It provides better opportunities to its employees for personal growth and development. Therefore it plays an important role and the people in various areas of workforce are