Complete each sentence with a word from the list:
company expenses goods income marketing personnel production purchasing research sales
is an organisation that aims to make a profit for its owners and investors.
2. Companies make profits by producing and marketing
3. Companies must pay
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 develops new products or services.
department plans and oversees the manufacturing of a company's products.
department manages the launching, promotion and advertising of products.
department manages distribution of products and deals with customers.
department buys things like raw materials, company vehicles and office supplies.
department recruits, manages and dismisses employees as necessary.