10. Company Structure, Positions and Size of the Company

13. května 2009 v 15:33 |  AJ
10. Company Structure, Positions and Size of the Company

Different kind of companies

There are three sectors witch separate different kind of companies. Sectors are primary, secondary, tertiary.

 To primary sector belong: oil, energy, agriculture
 To secondary sector belong: engineering, computers, electronics, chemicals
 To tertiary sector belong: airlines, banking, hotels, restaurants

Brands for each sector for example are:
Primary - ČEZ, Shell, Paramo, British Petrols
Secondary - TPCA, Siemens, Apple
Tertiary - Hilton, ČSA, Mc Donalds

Kind of companies

1- Charted Company:

A company, which is incorporated by royal order. All power and functions of the company is under the charter. Some examples are East India Company, Charted bank of England.

2- Statutory Company:

This type of company is formed by the special order of Prime Minister, President or governor general of the country. National interest. Example is state bank of Pakistan-

3- Registered Company:

This company is formed according to the company's ordinance 1984. There are three types of registered companies.

• Unlimited company:

Liability of the share holders is unlimited. Its management is called board of directors. It has separate legal entity from its owners. Its shares are transferable

• Company Limited by Guarantee:

Every number of this company provides a guarantee to pay a specific sum of money at the time of its winding up. Example is chamber of commerce.

• Company limited by shares:

A company in which liability of the shareholders is limited to the nominal value of shares held by them is called company limited by shares.

Company organization

 Accounts Dept. - department responsible for administering a company's financial affairs

 board of directors - group of people chosen to establish policy for and control a company

 chairman UK - person who heads a Board of Directors; head of a company; chairperson

 director - a member of the board of directors

 headquarters - a company's principal or main office or centre of control

 manager - person responsible for day-to-day running of a dept.; executive officerUS

 managing director UK - senior director after the chairman responsible for day-to-day

 Marketing Dept. - department that puts goods on market, inc. packaging, advertising etc

 Personnel Dept. - department responsible for recruitment and welfare of staff or employees

 President US - the highest executive officer of a company; head of a company

 Production Dept. - department responsible for physical creation of product

 Purchasing Dept. - department responsible for finding and buying everything for a company

 R & D Department - department responsible for Research and Development of (new)
 Reception - the place where visitors and clients report on arrival at a company

 Sales Department - department responsible for finding customers and making sales

 Shareholder - person who holds or owns shares in or a part of a company or corporation

 vice president US - any of several executive officers, each responsible for a separate division

Company size

A micro-enterprise is a type of small business. A micro-enterprise is defined as a business having 5 or fewer employees and a seed capital of not more than $35,000. Typically, micro-enterprises have no access to the commercial banking sector.
Microfinance institutions have become common sources of funding for micro-enterprises, particularly in the Third World. Persons who found a micro-enterprise are usually referred to as entrepreneurs.

Small and medium enterprises are companies whose headcount or turnover falls below certain limits. EU Member States traditionally have their own definition of what constitutes an SME, for example the traditional definition in Germany had a limit of 250 employees, while, for example, in Belgium it could have been 100. But now the EU has started to standardize the concept. Its current definition categorizes companies with fewer than 50 employees as "small", and those with fewer than 250 as "medium". For EU is top size 250 employee, but in USA is top size 500 employee.


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