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Mostrando entradas de agosto, 2019

Glosary 5. Activity 8

1. Equilibrium/ Equilibrio: A state in which opposing forces or influences are balanced. 2. Market Clearing Price/ Precio de equilibrio del Mercado: The price of goods or services that exists when the quantity supplied is equal to the quantity demanded. 3. Below/ Abajo: At a lower level or layer than. 4. Above/ Encima: In or to a higher position than something else. 5. Imbalance/ Desequilibrio: Lack of proportion or relation between corresponding things. 6. Current/ Corriente: something that flows, as a stream. 7. restored / restaurado / return a thing to its previous state. 8. Cutting prices / reducción de precios / price Reduction Strategy: Maintaining a lower price in the market, but without losing the quality of the product within it. 9. attains / alcanza / be enough or enough a thing for some purpose. 10. led/  dirigir / directing is guiding, coordinating, agglutinating, attracting, it is the way to achieve the fulfillment of the Company's Mission. It is to put into o...

Activity 7

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White House backtracks after Trump said he had 'second thoughts' about escalating the China trade war, saying he regrets 'not raising the tariffs higher' U.S. President Donald Trump speaks at a bilateral meeting with Japan's Prime Minister Shinzo Abe during the G7 summit in Biarritz, France, August 25, 2019. REUTERS/Carlos Barria Trump  told reporters  at a Sunday morning breakfast with UK Prime Minister Boris Johnson in Biarritz, France, that he has 'second thoughts about everything,' including his  recent escalation  of the US trade war with China. His soundbite  apparently contradicted  his administration's official stance on the increased tariffs placed on China, because White House press secretary Stephanie Grisham said just hours later that Trump's statement had been "greatly misinterpreted," despite not leaving much room for misinterpretation. Rather, Grisham said in  a statement , "President Trump responded in the af...

Glosary 4 - Activity 6

Consumer/Consumidor: A consumer is a person or organization that uses or consumes economic services or commodities Utility/Utilidad: a large company that provides a service such as electricity, gas, etc. Maximization/Maximización: The profit motive, in the theory in capitalism, is the desire to earn income in the form of profit. Stated differently, the reason for a business's existence is to turn a profit. The profit motive functions according to rational choice theory, or the theory that individuals tend to pursue what is in their own best interests. Accordingly, businesses seek to benefit themselves and/or their shareholders by maximizing profit. Remains/Permanece: the parts left over after other parts have been removed, used, or destroyed. Avoid/Evitar: to stay away from someone or something Forgo/Abstenerse: omit or decline to take (something pleasant or valuable); go without. Tastes/Preferences//Gusto/Preferencias: It assumes a real or imagi...

Activity 5

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Stocks are soaring on fresh hopes of a 'tidal wave' of government stimulus and an end to the US-China trade war Theron Mohamed   Aug. 19, 2019, 05:39 AM World stocks jumped on Monday as traders bet on a surge of government stimulus and celebrated a better outlook for the US-China trade war. China announced reforms to interest rates, Germany indicated it could find $55 billion to combat recession, and US Fed Chair Jerome Powell could signal further cuts to interest rates in a speech later this week. "We are doing very well with China, and talking!" Donald Trump tweeted, raising hopes of a a resolution to the US-China war. View Markets Insider's homepage for more stories . World stocks jumped on Monday as traders bet on a surge of government stimulus and celebrated a better outlook for the US-China trade war. China announced new loans will largely be benchmarked against rates that banks charge their best customers, promising cheaper borrowi...

Glosary 3 - Activity 4

1. Nacional output/producción nacional:National production is the Gross National Product (GNP), which is defined as the monetary value of all final goods and services produced in the country in a given period. 2. Economic growth/crecimiento económico:Economic growth is the increase in income or value of final goods and services produced by an economy in a given period. 3. Allocation/asignación:Thing that is assigned; especially amount of money that a person is allocated for performing a job or performing a function. 4. Incide/ingresos:Amount of money earned or collected. 5. Price system/sistema de precios:It is any economic system that makes its distribution of goods and services by assigning prices to said goods and services and using any form of money or debit checks. 6. Polices/politicas:It is the orientation or guideline that must be disclosed, understood and followed by all members of the organization, it includes the rules and responsibilities of each area of ​​the organiza...

Glosary 2 - Activity 3

1.     Economics / económico / cheap , economical, inexpensive 2.     Business / negocios /deal transaction, local store, affair 3.     Inflation / inflación / increase in the prices of goods and services over time 4.     Unemployment / desempleo , paro / lack of employment It is a mismatch in the labor market 5.     Science / ciencia / It is an orderly system of structured knowledge that studies, investigates and interprets natural, social and artificial phenomena. 6.     Government / gobierno / organisms that govern or direct a political-administrative división 7.     Business manager   / gerente de negocios / He is a person who drives the work of others in order to run a large business efficiently and make a great profit. 8.     Deal / trato, acuerdo / by mutual agreement, by common consent 9.     Resources / recursos / assets,...

Activity 2

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THE ONLINE GROCERY REPORT: The market, drivers, key players, and opportunities in a rising segment of e-commerce Gregory Magana   Feb. 1, 2019, 2:34 PM Business Insider Intelligence Online grocery is growing rapidly from its small base. Its market value has doubled from 2016 to 2018, suggesting that consumers are starting to get more comfortable ordering essentials and certain foods online — a major barrier to adoption. Meanwhile, one type of product that's popular in online grocery, consumer packaged goods (CPGs), has seen the majority of its growth come from online. Although consumers may not be entirely comfortable buying items like produce online yet, that will likely come as their familiarity and trust in online grocery grows. Business Insider Intelligence Grocers are rushing to take advantage of this potential, resulting in a highly competitive market. Both established grocery players and newcomers to the space are expanding their curbside picku...

Glosary 1 - Activity 1

Consumer / Consumidor: A consumer is one that buys good for consumption and not for the resale and commercial purpose. The consumer is an individual who pays some amount of money or the thing required to consume goods and services produced. As such, consumers play a vital role in the economic system of a nation. Services / Servicios: In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer. The benefits of such a service are held to be demonstrated by the buyer's willingness to make the exchange. Public services are those that society (nation state, fiscal union, region) as a whole pays for. Using resources, skill, ingenuity, and experience, service providers benefit service consumers. Service is intangible in nature. Interdependence / Interdependencia: Is the condition of a group of people or things that all depend on each other. Thehe fact of depending on each other. Taxes / Impuestos: A tax is a compulsory financial char...