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h) Finance;
i) President;
j) Information Technology or IT;
k) Managing Director;
l) Research and Development or R & D;
m) Senior managers.
Text 1 Company Structures
Most companies are made up of three groups of people: the
1
_________ (who
provide the capital), the
2
__________and the
3
__________. The management structure of
a typical company is shown in this organization chart.
At the top of the company hierarchy is the
4
__________, headed by the
5
_________
or
6
__________. The Board is responsible for policy decisions and strategy. It will usually
appoint a
7
__________ or
8
__________, who has overall responsibility for the running of
the business.
9
__________ or
10
__________ head the various
departments or functions
within the company, which may include the following.
a) Marketing; b) Public Relations;
c)
11
___________________; d) Personnel or Human Resources;
e)
12
___________________; f) Production;
g)
13
___________________.
Middle Management
Board of Managing Directors
Managing Director
Senior Management
