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Headquarters: the main offices of an organization such as the army, the police, or a business company.

Example: “The company’s headquarters is/are in Madrid.”

 

Branch: any secondary or ancillary place of business.

Example: “The bank has a new branch in our area.”

 

Organizational chart / Org charts: a diagram that visually conveys a company’s internal structure by detailing the roles, responsibilities, and relationships between individuals within an entity.

Example: “Does the manager have an organizational chart with responsibilities assigned?”

 

R&D / Research and development: any activity associated with creating new innovations in existing products, services, or procedures or the discovery of new innovations that lead to the creation of new products.

Example: “In industries like pharmaceuticals R&D is a crucial department.”

 

Accounts department: is the division in a firm that looks after the preparation of financial statements, maintenance of general ledger, payment of bills, preparation of customer bills, payroll, and more. 

Example: “For all billing inquiries, please contact our accounts department.”

 

Purchasing department: is responsible for finding and buying everything a company needs.

Example: “I have applied for a purchasing manager position.”

 

Reception: the place where people’s appointments and questions are dealt with.

Example: “Wait at reception for me.”

 

Shareholder: a person who owns shares in a company and therefore gets part of the company’s profits and the right to vote on how the company is controlled.

Example: “The company marketing manager has written to all the shareholders to apologize for the mistake.”

 

Executive officer: a person responsible for running an organization, although the exact nature of the role varies depending on the organization. 

Example: “Apple is replacing several executive officers, including their CEO.”

 

CEO: a chief executive officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Example: “In April 2021, the CEO of IKEA was elected Prime Minister in Sweden.”

 

CFO: a chief financial officer, is the corporate title for the person responsible for managing the company’s financial operations and strategy.

Example: “Wells Fargo had hired a new CFO in February, maybe for faster financials.”

 

Manager: a person responsible for controlling or administering all or part of a company or similar organization.

Example: “My father’s now the manager of a sports clothing company.”

 

PR: public relations is the role within a business devoted to communicating with the press, and ensuring favourable media coverage of a company, product or service.

Example: “Public relations isn’t an easy profession.”

 

After-sales service: is any support provided to a customer after the product or service has already been purchased. 

Example: “Revlon company’s after-sales service is considered one of the best in the makeup market.”

 

Equipment: a set of tools or devices you need for a special purpose. For instance, office equipment may include photocopiers, furniture, computers, telephone systems, etc.

 

Dress code: a set of company rules about what clothing may and may not be worn at work.

Example: “Our law firm has a strict dress code that requires all staff to wear a suit.”

 

 

WEEKLY VOCABULARY

Remuneration: money paid for work or a service.

 

My own boss: I work for myself / I make my own decisions / I don’t have anyone telling me what to do.

 

Employee: a person employed for wages or salary, especially at nonexecutive level.

 

Benefits: a payment or gift made by an employer, the state, or an insurance company.

 

Promotion: the action of raising someone to a higher position or rank or the fact of being so raised.

 

PHRASAL VERBS

Lay off

“We have no plans in the immediate future to lay off workers.”

 

Run out of

“Many companies are running out of money.”

 

Close down

“The company closed down the factory because it wasn’t meeting production quotas.”

 

Run by 

“That’s a great idea. Let’s run it by the boss and see what he thinks.”

 

Sign off on

“The CEO signed off on the budget for the new security equipment.”



IDIOMS

Learn the ropes: learning how a particular job or task is done.

 

Burn the candle at both ends: work very long hours.

 

Rank and file: the ordinary members of an organization as opposed to its leaders.

 

Get the sack/ Be sacked: to be fired.

 

Blood on the carpet: a lot of trouble in an organization often resulting in someone losing their job.

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