Company Structure

4,729 views

Published on

Business English - lecture 2 notes

Published in: Career, Economy & Finance
0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
4,729
On SlideShare
0
From Embeds
0
Number of Embeds
58
Actions
Shares
0
Downloads
127
Comments
0
Likes
2
Embeds 0
No embeds

No notes for slide

Company Structure

  1. 1. Company management BE 2008/2009
  2. 2. Division <ul><li>Most firms can be divided into three parts: </li></ul><ul><li>Capital (shareholders) </li></ul><ul><li>Management </li></ul><ul><li>Labour </li></ul>
  3. 3. Organisation structure <ul><li>Shareholders ↓ </li></ul><ul><li>Board of Directors ↓ </li></ul><ul><li>(provide the overall objective of the firm, headed by the Chairperson) </li></ul><ul><li>Chief Executive Officer ↓ (CEO) / (MD) </li></ul><ul><li>Senior Executive Officers ↓ </li></ul><ul><li>(General Manager + senior managers) </li></ul><ul><li>Middle/ Line Managers ↓ </li></ul><ul><li>Workers </li></ul>
  4. 4. Executives <ul><li>Director = senior manager who sits on the Board which is responsible for deciding overall company policy and capital expenditure </li></ul><ul><li>Executive = any senior person in the hierarchy of a firm who makes important decisions that are carried out by subordinates </li></ul><ul><li>CEO = in AmE also Executive Vice President/ Chief Operating Officer </li></ul><ul><li>In BrE MD = Managing Director </li></ul>
  5. 5. <ul><li>Middle Managers are responsible for running sections or departments within a firm. Accountable to senior management for their particular area of responsibility </li></ul>
  6. 6. Company Background Info <ul><li>Type of company </li></ul><ul><li>Key area of business: main products, current activities, main markets </li></ul><ul><li>Size of company (number of employees) </li></ul><ul><li>Annual turnover </li></ul><ul><li>Profitability </li></ul><ul><li>Location of parent company (Headquarters) </li></ul><ul><li>Location of offices, plants, subsidiaries, franchises </li></ul><ul><li>Company History </li></ul>

×