Lesson 53: Unit 193 - Vocabulary: Company Organization
This lesson presents the vocabulary of corporate organisation – job titles, departments and financial terms – through dialogues, internal mail exercises and the grammar of each / every / all.
About this lesson
In this lesson you will get to know the key vocabulary for the structure and management of a company in English. You will follow how the new trainee Charles Brook finds his way around the organisation chart of Streamtel Security Centre, and you will learn the names of the main job titles and departments. You will practise financial terms such as capital, shares, dividend, profit and turnover through gap-fill exercises. Finally, you will consolidate the use of each, every and all with the singular and the plural in a business context.
40 minutes
What you'll learn
Recognise and use the names of the main job titles and departments in a company.
Arrange a meeting in English using appropriate phrases.
Understand and use financial terms: capital, shares, dividend, profit, turnover, earnings.
Distinguish between the uses of each, every and all before nouns.
Direct correspondence to the right department based on the content of the letter.
Hold a short business dialogue at B1 level.
Lesson vocabulary
management traineeCharles Brooke has just been appointed to the post of a management trainee.
Human Resources ManagerThe Human Resources Manager Sarah Smith is giving him instructions.
make an appointmentCharles has to make an appointment with all department managers.
scheduleLet me have a look at his schedule.
fit you inI could fit you in at half past four this afternoon.
Managing DirectorTom Field is the Chairman and Managing Director of Streamtel.
non-executive directorThe board includes several non-executive directors.
chief accountantThe third reminder about the overdue invoice should go to the chief accountant.
shareholderWhatever happens in marketing, I am ultimately responsible to Tom Field and to the shareholders.
capitalTo start a business, you need capital – that is, money.
sharesYou can sell equal parts of your company – these are called shares.
dividendIf the company does well, it pays a dividend on each share.
turnoverSerious investors want to know the company's turnover – how much money it has taken from its customers.
profitProfit is how much money is left when all costs have been paid.
overdueThe third reminder requesting payment of an invoice for 1700 Euro, six months overdue.