COMPANY STRUCTURE

	Account Dept.	department responsible for administering a company’s financial affairs
	A.G.M. (UK)	Annual General Meeting of a company’s shareholders
	board of directors	group of people chosen to establish policy for a control a company; chairperson
	chairman (UK)	person who head a Boar
	director	a member of the board of directors
	executive officer (UK)	person managing the affairs of a corporation – chief executive
	headquarters	a company’s principal or main office or centre of control
	manager	person responsible for day-to-day running of a dept.; executive officer
	managing director (UK)	senior director after the chairman responsible for day-to-day direction
	Marketing Dept.	department that puts goods on market, inc, packaging, advertising etc.
	organization chart	a table or plan showing a company’s structure graphically
	Personnel Dept.	department responsible for recruitment and welfare of staff or employees
	president (UK)	the highest executive officer of a company; head of a company
	Production Dept.	department responsible for physical creation of product
	Purchasing Dept.	department responsible for finding and buying everything for a company
	R & D Department	department responsible for Research and Development of (new) products
	reception	the place where visitors and clients report on arrival at a company
	Sales Department	department responsible for finding customers and making sales
	shareholder	person who holds or owns shares in or a part of a company or corporation
	Vice president (UK)	Any of several executive officers, each responsible for a separate division

UNIT 4

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