BUS 6000 : Business Concepts & Vocabulary 1

Aj. Kajakorn

- P.1 -

SECTION#2 UNIT 1 

Instructions: Put words and phrases in the right order to make the definitions of the key words.

** ท่อนแรก คือท่อนที่คำนามที่บอกชนิดหรือประเภทของคำหลัก **

keyword: accountant

An accountant is a professional person whose job is to keep and check the financial records of an organization.

keyword: An advertising agency

a business that gives advices to companies about how they should advertise their products and produces advertisements for them.

keyword: balance (n) (ยอดคงเหลือ)

the difference between the total amounts of money coming into and going out of an account in a particular period of time.

keyword: commercial bank (n) (ธนาคารพานิชย์)

a bank involved in international trading and providing services for business organization rather than for the individual.

- P.2 -

keyword: barter (แลกเปลี่ยนสินค้า/แรงงาน)

a system of exchanging goods or work for other goods or work rather than using money.

keyword: import control (การควบคุมการนำเข้า)

an action taken by the government to limit the numbers of goods that can be brought into the county from abroad to sell.

keyword: The cost of living (ค่าครองชีพ)

the average amount of money people in a particular place spend on food, clothes or a place to live.

keyword: quality control (ควบคุมคุณภาพ)

the process of making sure that an organization's goods and services are produced and sold as planned and are of the right quality.

keyword: trade deficit (ขาดดุลการค้า)

the amount by which the money going out of a country to pay for imports is more than he amount coming in from exports.
trade surplus (เกินดูลการค้า)

- P.3 -

keyword: depression (ช่วงเศรษฐกิจตกต่ำ)
a long period of time during which there is very little business activity and a lot of people do not have jobs.

keyword: flexitime (ระบบมีความยืดหยุ่นด้านเวลา)
a system in which people who work in a company work for a fixed number of hours each week but can choose what time they start or finish work.

keyword: capital gain (กำไรจากการขายทรัพย์สิน)
profit that is made when an asset is sold for more than its cost or more than its book value.

keyword: invoice (ใบแจ้งหนี้)
a document send by a seller to a customer with details of goods or services that have been provided , their prices, and the payment date.

- P.4 -

keyword: infrastructure (ระบบโครงสร้างพื้นฐานสาธารณูปโภค)

the basic system and structures that a country needs to make economic activity possible, such as transport, communications and power supplies.

keyword: lease (สัญญาเช่า)

a legal contract that allows a person or an organization to make payments to use something for a particular period of time in return for payment.

keyword: incentive (สิ่งที่กระตุ้น หรือจงใจ)
something which is used to encourage people especially for to make them works harder produce more or spend more money.

keyword: conciliation (การไกล่เกี่ยข้อข้อพิพาท)
the process of getting an employer and employees who are involved in the argument to meet and discuss the differences in the hope of ending the argument.

- P.5 -

keyword: roadshow (การจัดงานเพื่อชักจูงการลงทุนในที่ต่างๆ)
a series of meetings in different places organized by a company trying to raise money for investment in order to show its plans to possible customers.

keyword: bullet loan (สัญญากู้ ที่มีการจ่ายเฉพาะดอกเบี้ยในแต่ละงวด เงินต้นจะจ่ายเมื่อสิ้นสุดสัญญา)

a loan where only interest is paid during the period of the loan, and the original loan itself is paid back in one payment at the end.

keyword: liquidation (การขายสินทรัำำพย์ทดตลาด เพื่อนำมาชำระหนี้)
when a company stops  operating because it is in financial difficulty and its assets are sold to pay its debts.

- P.8 -

UNIT 3

Instructions: Using the context clues as information to complete the following sentences

1. Under the pressure from the ..auditor.., the company had to increase its reported loss for the year.

    pressure - แรงกดดัน,  auditor - ผู้ตรวจสอบบัญชี,  reported loss for the year - ผลขาดทุนที่รายงานบนงบการเงิน

2. Sealed-bid auction is an auction in which buyers ..write down.. the price they are willing to pay and hand in so that other buyers do not know how much they have ..offered..

    sealed-bid auction - ประมูลแบบปิดราคา, write down - เขียนลงไป,  willing - เต็มใจ, offered - เสนอราคา

3. In ..ethical.. investment, investors try to buy shares in companies with a clean record.

    ethical - ทีมีจรรยาบรรณ, clean record -ประวัติที่ดี

4. Last year about $80 million in counterfeit notes were seized, compared with $17 billion in ..genuine.. note produced.
    counterfeit note - ธนบัตรปลอม, million - หนึ่งล้าน,  billion - พันล้าน

5. The strong Mark ranks as the world's second largest ..reserve.. currency, next only to the US dollar.
    reserve currency - สกุลเงินสำรอง

6. A lay-off is the act of stopping a worker's ..employment.. because there is not enough work for them to do.
   lay-off - ปลดคนงาน,  employment - การจ้างงาน

7. A mortgage is a ..legal.. arrangement where you borrow money from a financial institution in order to buy ..land.. or a ..house.., and you pay back the money over a period of years.
   mortgage - การจำนอง,  financial institution - สถาบันการเงิน, pay back - จ่ายคืน

8. A patent is a legal ..document.. giving a person or a company the right to make or sell a new ..invention.. or product and no other person is allowed.
   patent - สิทธิบัตร,  invention - สิ่งประดิษฐ์

9. False accounting is the ..crime.. of dishonestly changing figures, records, or writing false ..information.. in a company financial accounts.
    crime - อาชญากรรม,  criminal - อาชญากร,  dishonestly - ไม่สื่อสัตย์ 

10. A ..comparative.. advantage is the advantage that one county has over the other because it is better at making a particular product.
   comparative - เชิงเปรียบเทียบ, making a particular product - ทำสินค้าเฉพาะอย่างได้ดีกว่า