... to leverage scale
English translation: implement strategies that increase volume of business
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
|---|---|---|---|---|---|---|
|
| 08:11 Sep 2, 2013 |
| English language (monolingual) [PRO] Bus/Financial - Business/Commerce (general) / leverage scale | |||||||
|---|---|---|---|---|---|---|---|
|
| ||||||
|  Selected response from: Charles Davis Spain Local time: 22:06 | ||||||
Grading comment
| |||||||
| SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
|---|---|---|---|---|
| 5 | ...to obtain the benefits inherent in size |
| ||
| 4 +1 | implement strategies that increase volume of business |
|
Answers
4 mins confidence: 
...to obtain the benefits inherent in size Explanation: This means, for example, taking advantage of having a large order to obtain lower prices per unit - that's the benefit of scale. And "leverage" is just one of those buzz words that's very common now! |
| |
| Login to enter a peer comment (or grade) | ||
54 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1implement strategies that increase volume of business Explanation: "Leverage scale" does not mean to take advantage of scale; it means to take active steps to build or increase scale. In practice this involves investment directed at cost-cutting and stimulating business through efficiency, rather than direct investment in plant and equipment. The effect and purpose of doing this are to "compete cost effectively". "Leverage 1 To use a firm's knowledge to produce a related product or service 2 Attempting to produce more without more plant or equipment "We can leverage our new knowledge into a new line of business" http://dictionaryofmanagementjargon.yolasite.com/#Leverage "Leverage scale is business exec doublespeak for growing a business by adding money or some other viable stimulus to the process of making more money. It is often used in refererence to separate business ventures that join forces to cut costs, borrow more aggressively or otherwise streamline or improve their practices to achieve a mutually sought-after goal." http://wiki.answers.com/Q/What_does_leverage_scale_mean "P& G has four separate identifiable scale leveraging strategies: - a retail trade strategy - a top down Corporate vs. Division/brand funding strategy - a consumer cohort strategy - systemic strategies [...] Everyone recognizes that retailers are becoming more and more powerful, demanding more price concessions from manufacturers while themselves marketing private brands of higher and higher value to consumers. Most manufacturers respond by dumping cash into the retailer’s wallet. P&G responds by leveraging its scale. P&G is investing tens of millions of dollars in Supply Chain efficiencies to become the low-cost distributor, developing innovative distribution concepts and then “marketing” their advantages to retailers with sophisticated Activity Based Costing software tools" http://www.reveries.com/reverb/white_papers/reveries_leverag... -------------------------------------------------- Note added at 1 hr (2013-09-02 09:20:22 GMT) -------------------------------------------------- Leveraging scale is primarily related to costs: eliminating unnecessary costs (in distribution, for example), cutting out redundant computer systems, and so on, streamlining, expanding by exploiting knowledge. That's why the emphasis in your text is on competing "cost effectively". |
| |
Grading comment
| ||
| Login to enter a peer comment (or grade) | ||
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.
See also:
Search millions of term translations