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business English > company structure > Flashcards

company structure Flashcards

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Proverbs and Idioms flashcards
1
Q

a system in which members of an organization or society are ranked according to relative status or authority

A

(flat/sleep) hierarchy

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2
Q

the process or work of keeping financial accounts

A

acoounting

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3
Q

the process or activity of running a business, organization, etc.

A

administration

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4
Q

a person who is in charge of a worker or organization

A

boss

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5
Q

the amount of money your are allowed to spend for a particular purpose

A

budget

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6
Q

the maximum amount that something can contain

A

capacity

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7
Q

a system in a military or civil organizaton by which instructions are passed from one person to another

A

chan of command

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8
Q

the top-ranking person in a business organization, ultimately responsible for taking managerial decisions

A

chief executive officer(CEO)

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9
Q

a person with whom one workers in a profession or business

A

colleagues

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10
Q

a division of a large organization such as a goverment, university, or business , dealing with specific area of activity

A

department

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11
Q

a person employed for wages or salary, especially at non-executive level

A

empoyee

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12
Q

a pesron or organization that employes people

A

employer

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13
Q

the management of large amounths of money, especially by goverments or large companies

A

finance

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14
Q

an activity that is natural to or the purpose of person or thing

A

function

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15
Q

a design that groups similar or related occupational specialties together

A

funtional structure

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16
Q

the personal department of an organization

A

human resource

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17
Q

done or existing within an orgnization

A

in-house

18
Q

a complere list of items of items such as property, goods in stock, or the contents of a building

A

inventory

19
Q

the power to give orders to subordinates

A

line authority

20
Q

a peson with direct managerial responsibility for a particular employee

A

line manager

21
Q

is a direct linear relationship of command and defernece between superiors an their subordinates

A

line structure

22
Q

the portion of a market controlled by particular company or product

A

market share

23
Q

the action or business of promotion and selling products or services, including market research and advertising

A

marketing

24
Q

is the pactice of managing individuals with more htan one reporting line

A

matrix management

25
Q

department of all operational corporate areas

A

operating division

26
Q

obtain (goods or a sevice) by contract from an outside supplier

A

outsourcing

27
Q

the action of marketing or manufacturing from components or raw materials, or the process of being so manufacturing

A

production

28
Q

the amounth by which revenue from sales exceeds costs in a business.

A

profit margin

29
Q

change the way in which (something) is organized

A

reorganization

30
Q

work directed towards the innovation, introduction, and improvement of products and processes.

A

research and development (R&D)

31
Q

the exchange od commodity for money

A

sales

32
Q

a sales team

A

sales force

33
Q

lower in a rank or position

A

subordinate

34
Q

higher in rank , status, or quality

A

superior

35
Q

a company that provides a product, or the materials to make a product

A

supplier

36
Q

having an obligation for something

A

to be responsible for

37
Q

work jointy on an activity or project

A

collaborate

38
Q

to reduce something

A

to cut back

39
Q

entrust ( a task or responsibility) to another person, typically one who is less seniior than oneself

A

to delegate

40
Q

be responsible to

A

to report to

business English (12 decks)

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