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English definitions (Subject) / Unit 1 (Lesson)

Mangement

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  • start-up company a company that has just been formed
  • President the equivalent of the chairman of the board of directors in Britian
  • innovation a new idea or method
  • crisis a situation of danger or difficulty
  • subordinate a person with a less important position in an organization
  • objective sth. you plan to do or achieve
  • promotion when somebody is raised to a higher or important position 
  • consultant a person who provides expert advice to a company 
  • public sector the section of the economy under government conntrol
  • strategy a plan for achieving success
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  • CEO the manager with the most authority in the normal, everyday management of a comapany 
  • to allocate to set apart for a particular purpose, for example funds for a new project 
  • not-for-profit organization an organization whose prime mission is not to make money, e.g. a charity