Done by Utelbayeva N. Intermediate level Business English

Intermediate level Business English

Target vocabulary: Organisation

Done by Utelbayeva N.

	Item	Meaning	Collocations, derivatives
	accountability (n)	Responsibility, obligation to report to sb	a demand/need for ~, lack of ~, , ~ to sb for sth, enhance/improve/increase/strengthen ~, weaken/reduce ~
	branch (n)	a division of a large organization	local/overseas ~, establish/open/set up/ close down a ~; cf: subsidiary, affiliate
	board of directors (n), (board)	the group of people who have power to make decisions and control a company or other organization	serve/sit/ be on a ~, a seat on the ~, put smth to/submit sth to the ~
	benchmark (n)	something that can be used as a comparison to judge or measure other things	provide a ~, ~ against; serve as a,
	bureaucracy (n)	all the complicated rules and processes of an official system, especially when they are confusing or responsible for causing a delay	reduce/cut down, eliminate~, government/state /excessive, unnecessary ~, bureaucrat (n); bureaucratic (adj); syn red tape
	company	a business organization that makes money by producing or selling goods or services	state-owned/government-owned/nationalized/private/public/multi-national/joint-stock/ caring ~; create/found/start up/manage/operate/acquire/take over ~.
	call centre (n)	an office handling large numbers of telephone calls	locate/ operate ~
	centralize (v)	concentrate (control or power) under a single authority	centralized (adj) - a highly ~ system of government; centralization (n): ~ of power; ant. decentralize
	conservative (adj)	averse to change or innovation and holding traditional values	~principal/voter/candidate/person; be/become/remain~; extremely/profoundly/predominantly/fairly/relatively/essencially~; conservatism (n), conservatively (adv); ant. progressive
	corporation	a large business company	~logo/image/profits/ladder/culture
	Chief executive officer	The top official of a company who has the most power and authority	be/be appointed (as)/become~; CEO (abbr)
	decentralize (v)	divide (a large organization) into smaller separate units	~ the building industry; to be decentralized, decentralized authority/ administration; decentralization(n)
	democracy (n)	control of a group by the majority of its members	principles of ~, western~; democratic (adj): ~ values/reforms. ant. authoritarianism
	distribution	supply of goods to various people and locations	~centre /costs; worldwide ~systems; marketing, sales and ~; distributional (adj)
	dynamic (adj,)	characterized by constant change and/or activity	be/seem/become/remain ~; highly/truly/increasingly/essentially~
	enterprise	Ability imagination and desire to create or carry out new projects or activities; a business company or firm	A man of ~; show ~; a large-scale/small-scale/family/manufacturing/profitable ~; control/manage/run/ invest in an ~; small and medium enterprises (SME)
	franchise(n)	an arrangement in which a company gives a business the right to sell its goods or services in return for payment or a share of the profits	on a ~ basis, a ~ for sth; a~ agreement/company; a catering~; operate a ~; to give or sell a ~ to sb; franchising (n), franchisee (n); franchiser (n)
	headquarters(sing or pl)	the head office or main building of an organization	have/establish/set up the ~, corporate/company ~; headquartered (adj):be~syn. head office (n)
	hierarchy (n)	a multi-level structure arranged in order of rank	management ~; hierarchical (adj) society/structure/organization
	Incorporated	formed into a business company with legal status	Inc (abbr)
	Limited liabilities company(n)	a company whose owners in case of bankruptcy lose nothing but only the cost of their investments	Ltd (abbr); found/establish/set up//start up~
	merger(n)	an occasion when two or more companies, organizations etc. join together to form a larger company etc.	~goes through, ~between,~with sth; merge (v)- ~ with/into sth; ant demerge
	non-profit organization (not-for-profit organization AmE)	organization pursuing social, religious, cultural and other non-business aims (foundations, charities, etc.)	~rely on volunteers; ~ encourage activities; ~ organize fund-raising
	outlet (n)	a point from which company goods are directly sold or distributed	~ for, a high-street/local/commercial/ distribution/retail ~
	parent company (n)	an organization or company which owns or controls not less than 51% of its subsidiaries	~ expand/grow/go into liquidation; work for~;
	Public limited company	a company which shares can be sold to the public on the stock exchange	PLC (abbr); operate/manage/run~; ~ policy/profits
	subsidiary(n)	a company that is at least half-owned by another company	foreign/overseas ~; operate as ~; have/own/create/establish/form/set up/acquire/close a ~; subsidiary(adj): ~ company
	warehouse (n)	a large building where raw materials or manufactured goods are stored by a business	retail/wholesale~; ~ manager/staff

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