Language skills
English === Accounting, math, analysis, law, finance theory =
w:Analysis builds on w:accounting. w:Finance builds on analysis. Ability to do w:Fundamental analysis is a serious indogenous hard skill of the global professional. Ability to fluently read w:Financial statements is the bread & butter of w:analysts ♪ ♫ all over the w:World ♪ ♫ ♫ ...
Developing Entrepreneurial Competences contains following sub-modules
Law - Businesses, what kinds there are?
A w:business may be one of the following:
- private incorporated ( Inc. LLC. Ltd. )
- public incorporated ( PLC. )
- A "person" company such as a w:Sole proprietorship ( also known as the w:Sole trader, w:fi:Toiminimi ), w:General partnership ( w:fi:Avoin yhtiö ) or w:Limited partnership ( w:fi:Kommandiittiyhtiö )
- A w:Cooperative ( w:fi:Osuuskunta ) , there are cooperatives owned by their workers and cooperatives owned by their customers.
- "Incorporated" means it forms a w:legal personality ( w:fi:oikeushenkilö ) of it's own and
the owners are never liable for it's liabilities.
- In a non-incorporated ( w:fi:henkilöyhtiö ) there is at least one person who has personal liability for the liabilities of the business. The w:silent partner ( hiljainen yhtiömies ) in a limited partnership does not have liability for the businesses liabilities.
- Further information: w:Types of business entities ( Contains list for all types of businesses for all w:locales )
- Parent company of w:Lidl is a Stiftung and Lidl Suomi is a limited partnership and the other players, the S-group customer owned cooperative and the K-Group is a PLC ( Kesko Oyj ) with Ltd's owned by the merchant.
Procurement, purchasing, sourcing, logistics
- w:Procurement, w:purchasing, w:sourcing
- w:Modes of transport, w:Warehousing, logic, w:Logistics
- w:Supply chain management
Sail - Steamship (S/S) ( approx. 1770 - early 1900's ) - Motor Ship ( M/S) - w:Containerization ( 1960's) - LNG powered ships ( 2010's )
Customer interface, distribution, customer relationship management, marketing
w:Marketing mix aka. "The 4 p's" ( w:Product, w:Price, w:Place and w:Promotion ) is a timeless classic of w:Marketing.
- ) Product - What is it ( the product ). How does it fill a need with the consumer ?
- ) Price - How much ?
- ) Place - Where from ? Order online in one of millions of webshoppes, specialist boutique, hypermarket, ?
- ) Promotion - Advertising, PR but also promotional portion that is clearly done by those in a purely sales by function description.
Advertising has two roles:
- Keep the consumers informed of prices and offerings
- To do brand enhancement and post-sales brand image reinforcement
Sales
Management, project management, human management, business management
Markets, banking, finance and investments
w:The Stock Exchange (book) written by w:Max Weber in 1894-1896 in what is now w:Germany at under 100 pages it was originally published as a 2-part informational leaflets for workers suspicious and out-of-the-loop in of the ways of the bourses it remains to this date a very relevant and almost essential read should you want begin to understand the flavours of modern w:investment.
Market slang contains a lot of synonyms and words with overlapping meanings ( e.g. capital, equity, shares, stock, investments, holdings, assets etc. almost used interchangeably ) and could be argued that this is done intentionally to render investorspeak non-understandable for the non-investor. Like all cliques and guilds ( lawyers, doctrors etc. ) develop language to make their trade harder for others ( outsiders ) to understand.
Economics
- Micro & Macro
- w:Supply & w:demand
- Equilibriums, optimums and partial optimums
- Duoptimums, Pareto perfectness
- Mindless barrage of 2-D two variable linear curve thingies
Useful & good to know stuff and services
Language tools
- http://www.onelook.com - look up English words in English from over 500 dictionaries with one search
- http://www.etymonline.com - look up etymologies of English lang words. Start with etymology of the word "business"
- http://www.wordreference.com - free high quality dictionaries
- http://www.memrise.com - Language learning environment with a plethora of learning programs
Finnish
- Suomenkielisen Wikipedian w:fi:Luokka:Liiketalous on merkittävä relevanttien artikkelien kokoelma.
- Finnish for Business Purposes ( in Finnish )
- Finnish for foreigners