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Intro_Business_EP_Units_V.doc
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  • outsourcing/ offshoring/ nearshoring (manufacturing outsourcing, IT outsourcing, business process outsourcing)

  • to subcontract, subcontracting

  • to shift, to relocate, to move, to farm out (production)

  • core /none-core business/activity

  • to specialize in

  • to account for

  • subsidiary, affiliate (to set up, to establish)

  • to adapt

  • to flee

  • customer service/care, back office administration, payroll administration

  • procurement

  • accounting

  • supply chain (management)

  • operational costs/overheads

  • benefit, to benefit, beneficial, beneficiary

  • to displace, dismiss, fire; make redundant; layoff

  • to redeploy

  • white-collar workers, blue-collar workers

  • to tap

  • demolition

  • disruption

  • to rebound

  • to run a risk, be exposed to risks

  • hazards, hazardous

  • to recall

  • rigid regulations

  • to lease, leasing

  • win-win” situation (“win-lose”, “lose-lose”)

  • to adopt, to embrace

  • to flourish

  • to capitalize on something

  • Venture capitalist

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