company structure Flashcards

(40 cards)

1
Q

a system in which members of an organization or society are ranked according to relative status or authority

A

(flat/sleep) hierarchy

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2
Q

the process or work of keeping financial accounts

A

acoounting

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3
Q

the process or activity of running a business, organization, etc.

A

administration

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4
Q

a person who is in charge of a worker or organization

A

boss

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5
Q

the amount of money your are allowed to spend for a particular purpose

A

budget

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6
Q

the maximum amount that something can contain

A

capacity

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7
Q

a system in a military or civil organizaton by which instructions are passed from one person to another

A

chan of command

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8
Q

the top-ranking person in a business organization, ultimately responsible for taking managerial decisions

A

chief executive officer(CEO)

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9
Q

a person with whom one workers in a profession or business

A

colleagues

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10
Q

a division of a large organization such as a goverment, university, or business , dealing with specific area of activity

A

department

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11
Q

a person employed for wages or salary, especially at non-executive level

A

empoyee

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12
Q

a pesron or organization that employes people

A

employer

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13
Q

the management of large amounths of money, especially by goverments or large companies

A

finance

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14
Q

an activity that is natural to or the purpose of person or thing

A

function

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15
Q

a design that groups similar or related occupational specialties together

A

funtional structure

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16
Q

the personal department of an organization

A

human resource

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17
Q

done or existing within an orgnization

18
Q

a complere list of items of items such as property, goods in stock, or the contents of a building

19
Q

the power to give orders to subordinates

A

line authority

20
Q

a peson with direct managerial responsibility for a particular employee

21
Q

is a direct linear relationship of command and defernece between superiors an their subordinates

A

line structure

22
Q

the portion of a market controlled by particular company or product

23
Q

the action or business of promotion and selling products or services, including market research and advertising

24
Q

is the pactice of managing individuals with more htan one reporting line

A

matrix management

25
department of all operational corporate areas
operating division
26
obtain (goods or a sevice) by contract from an outside supplier
outsourcing
27
the action of marketing or manufacturing from components or raw materials, or the process of being so manufacturing
production
28
the amounth by which revenue from sales exceeds costs in a business.
profit margin
29
change the way in which (something) is organized
reorganization
30
work directed towards the innovation, introduction, and improvement of products and processes.
research and development (R&D)
31
the exchange od commodity for money
sales
32
a sales team
sales force
33
lower in a rank or position
subordinate
34
higher in rank , status, or quality
superior
35
a company that provides a product, or the materials to make a product
supplier
36
having an obligation for something
to be responsible for
37
work jointy on an activity or project
collaborate
38
to reduce something
to cut back
39
entrust ( a task or responsibility) to another person, typically one who is less seniior than oneself
to delegate
40
be responsible to
to report to