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. a group of people chosen to establish policy for and direct or control a
company
4 chairman UK 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 officer US n. person who manages 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 officer US
9 managing director UK n. senior director after the chairman responsible for day-to-day direction
10 Marketing Dept. n. dept. responsible for putting 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 President US 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 needed by a
company
16 R & D Department n. department responsible for Research and Development of 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 President US n. any of several executive officers, each responsible for a separate