20:50 Dec 22, 2003 |
German to English translations [PRO] Bus/Financial | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: gangels (X) Local time: 01:31 | ||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
4 +4 | my take is |
| ||
4 | upstream and downstream value-added stages |
|
vor- und nachgelagerten Wertschöpfungsstufen upstream and downstream value-added stages Explanation: ... |
| |
Login to enter a peer comment (or grade) |
my take is Explanation: preceding and succeeding stages of value creation upstream/downstream is usually used in reference to integrated companies, eg an international energy company like Exxon has upstream operations like their exploration and drilling units and downstream operations like refining and chemicals. Here, the talk is about 'Zulieferer' of raw or finished goods which depend on the 'input' (orders) of quasi-monopolistic entities that can dictate prices at will to their suppliers, eg car companies constantly pressure their suppliers for price concessions. |
| |
Grading comment
| ||