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Collocations/derivatives



COMPETITION

#

ITEM

DEFINITION

COLLOCATIONS/DERIVATIVES

 

Acquisition

obtaining ownership and control by one bigger firm, in whole or in part, of another firm or business.

make an ~; recent/latest/attempted/ agreed ~; syn. takeover (hostile acquisition)

 

Advantage (n) – (ant) disadvantage

something that helps you to be better or more successful than others

competitive ~; advantageous (adj.); ~ in sth/over sb/to sth.; cost ~, compete at a disadvantage; take/gain/lose ~ of/over sb/ sth

 

Ball: keep one’s eyes on the ball

stay focused

 

 

Best practices

the best possible ways of doing something in a certain field

get exposed to/implement ~s,

 

Bid

an offer to give a particular sum of money for sth, do work or provide a service for example at an auction

~for sth; offer/receive a ~; high/low ~; ~rigging: a particular form of collusive price-fixing behavior by which firms coordinate their bids on contracts

 

Bundling

syn. tied selling

when one product is sold in proportion to another as a requirement for the sale

Practice/introduce ~

 

Cartel (n)

– a group of manufacturers who combine to stop competition and increase profits

form/set up/join in a ~

 

Compete (v)

Competition (n)

syn. Rivalry

try to gain advantage over other companies in the market

strong/fierce/tough/intense/fair/unfair/cutthroat competition; respond to/cope with/face up to/ adapt to competition;

competitor (n) competitive (adj.); uncompetitive anti-competitive; ~on price

 

Corner the market

gain complete control of a market

 

 

Cost (n, v)

the amount of money needed to produce sth

prime (cf: overhead expenses); low ~ producer, ~-leaders, ~ advantage, ~ leadership, at any ~cover the ~ of sth; cut/reduce ~; ~-conscious; ~-effective; costly (adv, adj);; opportunity ~

 

Deep pockets

 

extensive financial and other resources of large firms or conglomerates used to sell below cost for extended periods of time,

 

 

Deregulate (v n)

remove government rules and controls from an industry to increase competition

deregulation (n) - laissez faire economy (operating without governmental control)

 

Differentiation

make one’s product physically different (in appearance, quality, durability etc.) from that of a rival.

~ between sth and sth; differentiate (v) sth from sth

 

Diversification

expansion of an existing firm into another product line or market.

~ of products; diversify (v) diversified(adj)

 

Be in the driving seat

be in the position to control the situation

~ of the company

 

Dumping

selling products abroad at below prices in the home market funded from deep pocketsor profits derived from sale of other products

Prevent/prohibit ~

 

Economies of scale

saving money by producing in large quantities

Cf: economies of scope (saving money by producing two products rather than separately)

 

Edge: have an edge over sb

have a slight advantage over one’s competitor (s)

competitive/slight ~; give sb ~; gain ~ over sb

 

Fair (adj.)

treating everybody equally

~ competition/trading practice; ant. unfair; un/fairness (n)

 

Game: be ahead of the game

be in front of the competition

 

 

Joint venture (n)

an association of firms or individuals formed to undertake a specific risky business project

found/set up/establish a~;

 

Holding (n)

a purely financial company which uses its capital solely to acquire controlling interests in other operating companies

found/set up/establish a ~

 

Lead (v)

be at the forefront

take/follow/regain the ~in sth; market ~ (the company with the highest sales), cf. market follower, market challenger

 

Make the most of sth

get the best possible result from using sth

~ one’s opportunity, chances

 

Merger

joining of two or more firms into an existing firm or to form a new firm for market expansion

a ~ between/with, consider a~; merge (v) together



 

Neck: be neck and neck with sb

be at the same level as competitors

 

 

Overtake sb

leave one’s competitors behind

~a competitor

 

Pervade (v)

spread all around

pervasive (adj) pervasiveness (n)

 

Price fixing

 

setting prices by collusion among firms, collusive pricing

syn. predatory pricing

 

Pull one’s punches

act or fight with less force than you could

We can’t afford to ~

 

Race: a one horse race

being the only competitor

 

 

Start-up

a newly established business

~ company/business/capital;

 

Sink or swim syn. be thrown in at the deep water

be left on one’s own to succeed or fail without any help

 

 

Tailor (v) syn. adapt, customize

1. make something so that it is exactly right for someone’s needs;

~ sth to sth; tailored (adj.) to sth

 

USP (unique selling proposition/point)

something very unusual and special about a product which makes it competitive on the market

 

 


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