Chapter 1_company Structure_fill in the Blank

COMPANY STRUCTURE

Complete each sentence with a word from the list:

company expenses goods income marketing

personnel production purchasing research sales

1. A is an organization that aims to make a profit for its

owners and investors.

2. Companies make profits by producing and selling or

providing services for a fee.

3. Companies have such as salaries, production costs,

and advertising costs.

4. If a company's from sales is greater than its expenses,

it makes a profit.

5. A company's and development department creates

new products or improves existing products.

6. A department is responsible for manufacturing

products.

7. A department is responsible for launching, promoting

and advertising products.

8. A department is responsible for dealing with

customers when they make a purchase.

9. A department buys everything a company needs, from

raw materials to vehicles and office supplies.

10. A department is responsible for recruiting and

managing employees, and for cutting staff numbers when

necessary.