Company structure

Сентябрь 3, 2022

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Company structure

Содержание

2. Big companies employing a large workforce have complex internal structures, with separate specialist department in charge
4. Meeting of Shareholders The General Meeting of Shareholders is the Company’s supreme governing body. Shareholders have
5. Board of Directors Governing body of a company. Its members are elected by the stockholders of
6. Chairman of the Board (COB) The most powerful member on the board of directors who provides
7. Chief Executive Officer (CEO) The highest ranking executive in a company Responsibilities: developing and implementing high-level
9. Departments Accounting Human Resources Marketing Production Sales Works IT Logistics Research and Development
10. Accounting departments examine and analyze money within the company. Responsibilities: payroll - cash payments (disbursements) procurement
12. Human resources hires, fires, administrates, motivates and provides services for employees.
13. Human Resource Management (HRM, HR) is the management of an organization's employees. While human resource management
14. Marketing and sales deal with customers and sell the company's products.
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Big companies employing a large workforce have complex internal structures, with

separate specialist department in charge of different functions.

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Meeting of Shareholders
The General Meeting of Shareholders is the Company’s supreme

governing body. Shareholders have the right to participate in management of the Company affairs, taking decisions in the key areas of Company business at the meetings of shareholders.

An Annual General Meeting of Shareholders (AGM) is organised within six months of the end of the financial year. Further Extraordinary Meetings of Shareholders (EGM), may be held at the request of the Executive or Supervisory Boards

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Board of Directors
Governing body of a company. Its members are

elected by the stockholders of the company

Duties :
set the company’s policy, objectives, and overall direction;
name members of the advisory, executive, finance, and other committees;
hire, monitor, evaluate and fire the Managing Director and Seniors executives;
determine and pay the dividend;
Issue additional shares
setting the salaries and compensation of company management;

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Chairman of the Board (COB)
The most powerful member on the

board of directors who provides leadership to the firm's officers and executives. The COB ensures that the firm's duties to shareholders are being fulfilled by acting as a link between the board and upper management.

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Chief Executive Officer (CEO)
The highest ranking executive in a company
Responsibilities:

developing and implementing high-level strategies
making major corporate decisions
acting as the main point of communication between the board of directors and the corporate operations

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Departments
Accounting
Human Resources
Marketing
Production
Sales
Works
IT
Logistics
Research and Development

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Accounting departments examine and analyze money within the company.
Responsibilities:

payroll
- cash payments (disbursements)
procurement and inventory
- cash collections
- property accounting

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Human resources hires, fires, administrates, motivates and provides services for employees.

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Human Resource Management (HRM, HR) is the management of an organization's

employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of organizational goals. Effective human resource management also contains an element of risk management for an organization which, as a minimum, ensures legislative compliance.

Human Resource Management

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Marketing and sales deal with customers and sell the company's products.

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Company structure

Содержание

Big companies employing a large workforce have complex internal structures, with

Meeting of ShareholdersThe General Meeting of Shareholders is the Company’s supreme

Board of Directors Governing body of a company. Its members are

Chairman of the Board (COB) The most powerful member on the

Chief Executive Officer (CEO) The highest ranking executive in a companyResponsibilities:

DepartmentsAccountingHuman ResourcesMarketingProductionSalesWorksITLogisticsResearch and Development

Accounting departments examine and analyze money within the company. Responsibilities: