Business Vocabulary

List of common words and phrases (to study )

Company Structure

1	Accounts Dept.	n. department responsible for administering a company's financial affairs
2	A.G.M.UK	abbr. Annual General Meeting of a company's shareholders
3	board of directors	n. group of people chosen to establish policy for and control a company
4	chairmanUK	n. person who heads a Board of Directors; head of a company; chairperson
5	director	n. a member of the board of directors
6	executive officerUS	n. person managing the affairs of a corporation - chief executive officer n.
7	headquarters	n. a company's principal or main office or centre of control
8	manager	n. person responsible for day-to-day running of a dept.; executive officerUS
9	managing directorUK	n. senior director after the chairman responsible for day-to-day direction
10	Marketing Dept.	n. department that puts goods on market, inc. packaging, advertising etc
11	organisation chart	n. a table or plan showing a company's structure graphically
12	Personnel Dept.	n. department responsible for recruitment and welfare of staff or employees
13	presidentUS	n. the highest executive officer of a company; head of a company
14	Production Dept.	n. department responsible for physical creation of product
15	Purchasing Dept.	n. department responsible for finding and buying everything for a company
16	R & D Department	n. department responsible for Research and Development of (new) products
17	reception	n. the place where visitors and clients report on arrival at a company
18	Sales Department	n. department responsible for finding customers and making sales
19	shareholder	n. person who holds or owns shares in or a part of a company or corporation
20	vice presidentUS	n. any of several executive officers, each responsible for a separate division