Business English (Fach) / Company Structure (Lektion)
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Company Structure
Diese Lektion wurde von Julia2909 erstellt.
- superior Vorgesetzter
- subsidiary Tochtergesellschaft
- decision making Entscheidungsfindung
- R&D Research and development-> Forschung und Entwicklung (F&E)
- confidential information vertraulich
- in court vor Gericht
- bureaucracy Bürokratie
- subordinate untergeordnet, unterstellt sein
- Line- - authority- manager- structure- product
- sole trader Einzelunternehmer
- proprietor Eigentümer, Inhaber
- partnership Personengesellschaft
- unlimited liability unbeschränkte Haftung
- freelance freiberuflich tätig, for e.g. doctors/lawyers/architects
- share capital Stammkapital
- private limited company ltd Gesellschaft mit beschränkter Haftung (GmbH)
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- public limited company ltd Aktiengesellschaft (AG), open to the public to buy shares
- company register Handelsregister
- stock exchange Börse
- 3 things to do for public limited companies 1. AGM - annual general meeting2. publish financial statement3. pay dividend, if a profit is made
- asset Vermögen
- asset stripper Aufkäufer unrentabler Anlagen
- non-executive director Aufsichtsratmitglied
- board Vorstand
- Difference between listed and quoted companies? Public companies in the UK are called public limited companies or quoted companies. - produce half-yearly reports Public companies in the US are called SEC-registered companies or listed companies. - produce quarterly reports Both publish an annual report and hold an EGM (Extraordinary General Meeting) -> außerplanmäßige Hauptversammlung
- legal entity juristische Person
- interest rates Zinssatz
- private companies can't sell shares on the open market
- collaborating zusammenarbeitend
- audit committee a group of directors to whom the external auditors present their report
- non-executive directors members of a board of directors who are not full-time manager of the company
- share capital owners' money invested in a company
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- limited liability responsibility for debts up to the value of the company's share capital
- corporate governance the way a company is managed for its owners
- Hierarchy or chain of command a system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions
- function a specific activity in a company, e.g. production, marketing, finance
- autonomous independent, able to take decisions without consulting someone at the same level or higher in the chain of command
- line authority the power to give instructions to people at the level below in the chain of command
- chain of command Weisungslinie
- to report to to be responsible to someone and to take instructions from them
- to delegate to give someone else responsibility for doing something instead of you
- misconduct (Fehlverhalten) behaviour that breaks the law
- gross profit sales revenue minus the cost of sales, before deductions for administration expenses, interest charges, etc
- net profit sales revenue minus the cost of making and selling the goods, and deductions for administration expenses, interest charges, etc.
- revenue or turn over the total amount of money a company receives from selling goods or services
- Only quoted or listed companies can have their shares traded on a stock exchange
- American corporations publish details about their sales and profits every three months
- Companies' financial statements, and the auditor's report, are contained in their annual reports
- Quarterly and six-monthly reports are not checked by external auditors
- Shareholders can ask company directors questions at an annual meeting (Jahreshauptversammlung)
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