| No
| Item (with derivatives)
| Part of Speech
| Definition/s
| Illustration or example
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| Accounts Dept.
| Noun
| department responsible for administering a company's financial affairs
| The Department of Accounts is pleased to announce a new web-based service available to all State of Virginia employees paid through the Commonwealth Integrated Personnel and Payroll System (CIPPS).
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| A.G.M.
| abbr. (noun)
| Annual General Meeting of a company's shareholders
| An AGM is held every year to elect the board of directors and inform their members of previous and future activities.
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| board of directors
| Noun
| group of people chosen to establish policy for and control a company
| Oppenheimer has been on the board of directors since 1984.
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| chairman
| Noun
| person who heads a Board of Directors; head of a company; chairperson
| John is the new Chairman of Malaysian Airlines
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| director
| Noun
| a member of the board of directors
| Taylor is now a director of the company as well as its largest single shareholder.
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| executive officer
| Noun
| person managing the affairs of a corporation - chief executive officer
| In business, the executive officers are the top officers of a corporation, the chief executive officer (CEO) being the best-known type.
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| headquarters
| Noun
| a company's principal or main office or centre of control
| The UN headquarters are in New York.
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| manager
| Noun
| person responsible for day-to-day running of a dept.; executive officerUS
| I'd like to speak to the manager.
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| managing director
| Noun
| senior director after the chairman responsible for day-to-day direction
| Managing directors are held legally responsible for the actions of their companies, and they may also be accountable to shareholders if the company is public.
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| Marketing Dept.
| Noun
| department that puts goods on market, inc. packaging, advertising etc
| The marketing department must act as a guide and lead the company's other departments in developing, producing, fulfilling, and servicing products or services for their customers.
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| organisation chart
| Noun
| a table or plan showing a company's structure graphically
| A company's organizational chart typically illustrates relations between people within an organization.
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| Personnel Dept.
| Noun
| department responsible for recruitment and welfare of staff or employees
| The Personnel Department is responsible for recruitment, organizing, selection, and processing hiring of all employees of the Township.
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| President (US)
| Noun
| the highest executive officer of a company; head of a company
| He's the president of FIFA, football's ruling body
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| Production Dept.
| Noun
| department responsible for physical creation of product
| The production and planning department will set standards and targets for each section of the production process.
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| Purchasing Dept.
| Noun
| department responsible for finding and buying everything for a company
| The purchasing department will be responsible for providing the materials, components and equipment required to keep the production process running smoothly.
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| R & D Department
| Noun
| department responsible for Research and Development of (new) products
| Even during times when the economy is struggling, businesses understand that a good research and development strategy is vital to the continued success of the operation.
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| reception
| Noun
| the place where visitors and clients report on arrival at a company
| If you need anything, please ask at the reception desk.
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| Sales Department
| Noun
| department responsible for finding customers and making sales
| The Sales Department offers sales professionals on a contract basis.
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| shareholder
| Noun
| A person who holds or owns shares in or a part of a company or corporation.
| A shareholder should have his/her name registered with the corporation, but may hold a stock certificate which has been signed over to him/her
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| vice president (US)
| Noun
| any of several executive officers, each responsible for a separate division
| Apple's vice-president for marketing is Mr Smith.
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| Be responsible for
| Adjective
| someone who is responsible for someone or something is in charge of them and must make sure that what they do or what happens to them is right or satisfactory
| We are responsible for our own markets.
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| co-operate with
| Verb
| to work with other people to achieve a result that is good for everyone involved
| We co-operate with our offices worldwide.
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| Be in charge of
| Adjective
| if you are in charge, you have control over someone or something and are responsible for them
| We work closely with the sales team, who are in charge of customer accounts.
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| Deal with
| Verb
| to take action to do something, especially to solve a problem
| I deal with customer enquiries.
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| Report to
| Verb
| if you report to someone at work, they are in charge of you and responsible for telling you what to do
| I report to the Marketing Manager
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| Employ
| Verb
| to pay someone regularly to do a job for you or to work as a member of your organization
| We employ more than 2000 people worldwide.
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| A day-to-day running
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| happening every day as part of your normal life
| Below the President is the Managing Director, who has overall responsibility for the day-to-day running of the company.
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| HR department
| Noun
| the department within a company that is responsible for employing and training people, and for looking after workers who have problems
| The Administration department also includes Human Resources.
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| Merge
| Verb
| if two organizations merge, or if you merge them, they combine to form one bigger organization
| We merged with X company in 1990
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| Subsidiary
| Noun
| a company that is owned by a larger company
| We set up a subsidiary in the UK.
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| Division
| Noun
| one of the parts into which a large organization is divided
| The subsidiary was sold off two years after and the remaining company was split into five different divisions.
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| Float
| Verb
| to start to sell a company's shares on the stock market
| We floated on the stock exchange last year, and we are now listed on the London Stock Exchange.
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| Roll out
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| to introduce a new product or service
| We are researching new products for the home entertainment industry. We hope to roll them out early next year.
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| Maintenance
| Noun
| work that is done to keep something such as a building, machine, or piece of equipment repaired and in good condition
| With proper maintenance the car will last for many years.
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| Franchaisee
| Noun
| a person or company that has the franchise to sell a particular type of goods or services
| The franchisee must carefully negotiate the license.
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http://www.ecenglish.com/learnenglish/lessons/business-english-departments-a-company
