UNIT 2 : COMPANIES

head office

The main place where a company is controlled and managed

subsidiary

a company owned and controlled by a larger company

turnover

the total amount of money a company receives from sales

revenue

the total income produced by a business

make a profit/loss

the money a company makes after paying costs

staff turnover

Rate at which employees leave a company.

competitor

a company that sells the same or similar products

CEO

Chief Executive Officer ( the highest manager)

market share

the percentage of sales a company has in a particular market

multinational

a company that operates in different countries

to launch

introduce a new product or service to the public

shareholder

a person who owns shares in a company

Board of Directors (BOD)

the group of people who manage the company's business

sit on the board

thành viên HĐQT

board metting

cuộc họp HĐQT

appoint/elect the board

bầu HĐQT

branch

A local office or store belonging to a large company.

to merge

combine two or more companies into a single new company

Post-Merger Integration

Hậu sau sáp nhập

flotation

Selling shares in a company for the first time (IPO).

stakeholder

A person or group interested in the company (employees, customers, etc.)

products/Service

Items or actions sold by a company.

To privatise

To sell a state-owned company to private investors.

annual report

A comprehensive report on a company's financial performance.