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14. Fill in the chart with the information on domestic and foreign oil companies. Use some additional resources: for example, www. Wikipedia.Ed.

Name

Type

Founded

Headquarters

Industry

Products

Description

Mobil

Public

1999 1911 1911 1870

Irving, Texas,

Oil and gas

Fuels, Lubricants, Petrochemicals

15. 9 A. Listen to the text, remember the key words.

Most companies are made up of three groups of people: the shareholders (who provide the capital), the management and the workforce. The management structure of a typical company is shown in this organization chart.

At the top of the company hierarchy is the Board of Directors, headed by the Chairperson or President. The board is responsible for policy decisions and strategy. It will usually appoint a Managing director or Chief Executive Officer, who has overall responsibility for the running of the business. Senior managers or company officers head the various departments or functions within the company, which may include the following:

A Marketing E Finance

B Public Relations F Production

C Information Technology or IT G Research and Development or R and D

D Personnel or Human Resources

B. Listen to seven people talking about their work and decide which department each one works for.

1… 2. … 3. … 4. … 5. … 6. … 7. …

(Tullis G., Trappe T. New Insight into Business. Longman, 2005.)

16. Study the definitions in Appendix (pg. 60-61 ). Match departments and personnel with their definitions.

1. Accountant Dept.

11. Personnel Dept.

2. AGM

12. President (US)

3. Board of Directors

13. Production Dept.

4. Chairman

14. Purchasing Dept.

5. Director

15. Marketing Dept.

6. Executive Officer

16. R and D Dept.

7. Headquarters

17. Reception

8. Manager

18. Sales Department

9. Managing director

19. Shareholders

10. Organization chart

20. Vice President

A. Any of several executive officers, each responsible for a separate division.

B. A member of the board of directors.

C. Person who holds or owns shares in or a part of company or corporation.

D. Department responsible for finding and buying everything for a company.

E. A company’s principal or main office or centre of control.

F. Group of people chosen to establish policy for and control a company.

G. Department responsible for administrating a company’s financial affairs.

H. Department that puts goods on market including packaging, advertising,

etc.

I. The place where visitors and clients report on arrival at a company.

J. A table or plan showing a company’s structure graphically.

K. Annual General Meeting of a company’s shareholders.

L. Department responsible for finding customers and making sales.

M. The highest executive officer of a company, head of the company.

N. Department responsible for Research and Development of (new) product.

O. Person who heads a Board of Directors, head of a company, chairperson.

P. Department responsible for physical creation of a product.

Q. Senior director after the chairman responsible for day-to-day direction.

R. Department responsible for recruitment and welfare of staff or employees.

S. Person managing the affairs of a corporation – chief executive officer.

T. Person responsible for day-to-day running of a department, executive

officer.

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