Business Vocabulary (PDF)

**Shareholder** = Someone who owns part of a company by buying its shares. **The Management** = the people in charge of running the company. **The Board (of Directors)** = A group of people who help guide the company and make big decisions. **The Workforce** = All the people working in a company....

**Shareholder** = Someone who owns part of a company by buying its shares. **The Management** = the people in charge of running the company. **The Board (of Directors)** = A group of people who help guide the company and make big decisions. **The Workforce** = All the people working in a company. **Hierarchy** = The way a company is organized, showing who is in charge of whom. **Chairman / Chairwoman / Chairperson** = The person in charge of the board of directors. They lead meetings and guide the board\'s work. **President** = A top leader of the company, sometimes the same as the CEO. **Managing Director (MD) / Chief Executive Officer (CEO)** = The person who runs the whole company. **Senior Manager** = A manager in charge of important areas of the company. **Junior Manager** = A manager in charge of smaller teams or tasks. **Middle Manager** = A manager between junior and senior levels, helping with both strategy and operations. **Chief Financial Officer (CFO)** = The person in charge of the company's money and financial plans. **Public Relations (PR)** = Makes sure people think well of the company and handles communication with the public. **Human Resources (HR)** = Handles hiring, training, and taking care of employees. **Research and Development (R&D)** = Creates new products or improves existing ones. **Marketing** = Promotes the company's products and finds ways to attract customers. **Personnel** = An old word for Human Resources, dealing with employees. **Customer Accounts** = Manages relationships with customers and helps them if needed. **Buying / Purchasing** = Buys things the company needs to operate. **Distribution** = Makes sure products get to customers. **Maintenance** = Fixes and takes care of equipment or buildings. **Packaging** = Prepares products for sale by wrapping or boxing them. **Advertising** = Creates ads to help sell products. **After-Sales** = Helps customers with repairs or support after they buy something. **To Head** = To be in charge of a team or department. **To Be Responsible For** = To take care of something and make sure it's done right. **Policy** = A set of rules for how things should be done. **To Appoint** = To give someone an official job or role. **The Day-to-Day Running / Management** = The daily work to keep the company running smoothly. **Annual General Meeting (AGM)** = A yearly meeting where the company discusses its progress with shareholders. **A Division** = A big part of the company that focuses on one specific type of work or product.