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  3. Business/Commerce (general)

marktverantwortlich

English translation: serves the (local) market

06:04 Aug 22, 2007
German to English translations [PRO]
Bus/Financial - Business/Commerce (general) / describing a company
German term or phrase: marktverantwortlich
diese Gesellschaft ist marktverantwortlich ... a local passenger transport company is owned by the City (two thirds of the shares) but also has private shareholders (a third). I guess it means it isn't subsidised but must survive in the market but the English term eludes me. All help gratefully appreciated as always.
Maureen Millington-Brodie
United Kingdom
Local time: 03:50
English translation:serves the (local) market
Explanation:
I find all of the other answers a bit confusing, since I'm familiar with the term itself as being responsible for a certain market, usually followed by a definition of said market. How does the sentence continue?
Selected response from:

Susan Zimmer
United States
Local time: 22:50
Grading comment
Yes, this was it in that context. Many thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2is governed by market forces
Stephen Sadie
4obeys the market
Сергей Лузан
3has to follow the rules of market economy
BrigitteHilgner
3has to hold its ground on the market
Stephan Elkins
2 +1serves the (local) market
Susan Zimmer


Discussion entries: 4





  

Answers


2 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
is governed by market forces


Explanation:
is how I view it

--------------------------------------------------
Note added at 3 mins (2007-08-22 06:07:56 GMT)
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there are several google hits which appear to be fitting, e.g.: n the current consultation, we believe the government has an opportunity to ensure that the wireless sector continues to be governed by market forces, ...
telegopoly.com/index.php?option=com_content&task=view&id=31&Itemid=32 - 44k - Im Cache - Ähnliche Seiten - Notieren


Stephen Sadie
Germany
Local time: 04:50
Works in field
Native speaker of: English
PRO pts in category: 264

Peer comments on this answer (and responses from the answerer)
agree  PoveyTrans (X): The most idiomatic
58 mins
  -> thanks simon
agree  Andrew Morgan: Im with Simon - Id be okay with "obeys the market" too, but this sounds better
2 hrs
  -> thanks andrew
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11 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
has to follow the rules of market economy


Explanation:
I think this should fit.

BrigitteHilgner
Austria
Local time: 04:50
Native speaker of: Native in GermanGerman
PRO pts in category: 172

Peer comments on this answer (and responses from the answerer)
agree  seehand
19 mins
  -> Danke schön, Seehand. Frohes Schaffen!
disagree  Andrew Morgan: Unfortunately it doesnt, because to paraphrase Monty Python: "Rule 1 - There is no rule 1". Market economics is fiendishly complex with very few hard and fast rules, so its a misnomer to try and force a co. to follow them.
1 hr
  -> I wouldn't call Monty Python experts in economics. Strangely enough there are quite a few such experts using the expression I've suggestes (see plenty of google entries).
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33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
obeys the market


Explanation:
or "/ (should act) in compliance with (the) market (requirements) "

It depends on the wider contetxt & length of the definition you are looking for.

[DOC] WORLD TRADEFile Format: Microsoft Word - View as HTML
... of resources to ensure that the correct SPS requirements are in place in compliance with market requirements under the preferential trading system. ...
www.wto.org/english/tratop_e/agric_e/ngw143_e.doc

PKT message, Re: Who controls interest rates?My secret agenda is my thesis that the CB does *NOT* control > interest rates, but obeys the market. Perhaps the banks do > wait for the CB to pull the ...
archives.econ.utah.edu/archives/pkt/1997m10-d/msg00056.htm


--------------------------------------------------
Note added at 45 mins (2007-08-22 06:50:13 GMT)
--------------------------------------------------

"obedient to the market " as well.
Liberation Theologies on Shifting Grounds: A Clash of ... - Google Books Resultby Georges de Schrijver - 1998 - Religion - 7 pages
... integrated in one hegemonic narrative, ruled by and obedient to the market law of supply and demand. Culture thereby becomes entirely commodified. ...
books.google.com/books?isbn=9042903023...
http://www.google.ru/search?hl=en&newwindow=1&q="obedient to...

Сергей Лузан
Russian Federation
Local time: 05:50
Specializes in field
Native speaker of: Native in RussianRussian
PRO pts in category: 3
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
has to hold its ground on the market


Explanation:
Just another suggestion that might be suitable to the context.

The company has to hold its ground on the market.

Stephan Elkins
United States
Local time: 04:50
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
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4 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
serves the (local) market


Explanation:
I find all of the other answers a bit confusing, since I'm familiar with the term itself as being responsible for a certain market, usually followed by a definition of said market. How does the sentence continue?

Susan Zimmer
United States
Local time: 22:50
Native speaker of: Native in EnglishEnglish
PRO pts in category: 71
Grading comment
Yes, this was it in that context. Many thanks

Peer comments on this answer (and responses from the answerer)
agree  Paul Skidmore: the whole sentence was necessary - as you rightly pointed out
23 hrs
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