Company Structure & Strategy (Units 1; 3 Vocabulary)
What vocabulary term describes a company that is completely or partially owned by a larger parent company
Subsidiary
What informal term is used in the media to describe senior executives who receive huge pay packages and bonuses?
Fat cats
Choose the correct tense: "Our sales department ________ (currently / set up) a new regional office in Madrid"
is currently setting up (Present Continuous for temporary/current action)
Which multi-part verb from Unit 4 means to resign from a high-level job or position
step down
Fill in the correct articles (a/an, the, or nothing):
"Scott Snook, _____ teacher at Harvard, says _____ fear can become a barrier to taking risks, but coaches need to strike _____ right balance."
a (a teacher) | nothing (fear - abstract noun) | the (the right balance)
set president means
be a pioneer to do something,
be a role model for a job
Complete the collocation: "Our team worked late every evening to ________ a very tight deadline"
meet (meet a deadline)
"William Clay Ford Jr ________ (take over) as CEO of Ford in 2001"
took over (Past Simple for a finished action at a specific past time)
Complete the sentence with the correct multi-part verb
"The board was forced to ________ the emergency meeting because the export manager missed his plane."
call off (call off = to cancel a meeting)
Complete the sentence with the correct tense forms:
"The Ford Motor Company ________ (be) in business for over 100 years. Last year, they ________ (produce) 400,000 pick-up trucks."
has been (Present Perfect - open duration up to present) | produced (Past Simple - finished time last year)
What is the business term for a company whose shares can be bought and sold by the public on a stock exchange
Public limited company (plc) or joint-stock company
What is a golden parachute in an executive contract
(or severance deal)
A guaranteed payout/compensation given to an executive when they leave or are terminated from a company
"Share prices ________ (fall) sharply over the past three months"
have fallen (Present Perfect for an unstated/open timeframe connected to the present)
"If you want to ________ in this corporation, you have to work hard and believe in the company's vision."
(promotion)
get ahead (get ahead = to get promoted / succeed in a career)
What is the board committee (known in the US as a compensation committee) responsible for setting executive salary and bonus structures?
Remuneration committee
Complete the sentence: "When two independent corporations combine to form one single company, this is called a ________"
Merger
What verb means to give responsibility or authority to a subordinate worker rather than making all decisions yourself
Delegate (Noun: Delegation)
"I work for this multinational corporation since five years."
"I have worked (or have been working ) for this multinational corporation for five years."
"Human Resources assigned a senior mentor to ________ the new recruits during their first month."
look after (look after = to take care of / manage)
Give the meanings of these two phrasal verbs from Unit 4 & Review 2:
1. go under = to fail / go bankrupt.
2. sink in = to be gradually understood or accepted.
Name the 4 components of a SWOT analysis used by managers during the strategic planning process
Strengths, Weaknesses, Opportunities, Threats
Define stock options and explain why companies grant them to executives
An option allowing managers to purchase company shares at a fixed, favorable price to align executive motivation with shareholder success
Choose the correct verb forms for a permanent fact versus a temporary action:
"Our company ________ (manufacture) biotech drugs, but right now we ________ (look for) a new CEO."
manufactures (fact/routine) | are looking for (temporary current action)
Match the two Type 1 multi-part verbs (verbs used without an object) from Unit 4 to their correct meanings[2]:
meaning of these words are
1. in limbo
2. make a fus
3. point out
4. tangible asset
1. undefined, unclear, ambiguity
2. make noice, create a problem
3. emphasize, mention, etract
4. buildings or machinery ( the posessions that cant be carried easily) that someone oowns