This unit is about companies. It focuses on types of companies. Most large
corporations are public limited or joint-stock companies, which means that shareholders who wish to invest in the company can buy and sell parts of the company on the stock exchange. Many are multinationals with subsidiaries /səb ˈsɪd.i.ə.ri/ and assets in various different countries and they generally engage in mergers with other companies and acquisitions in order to expand. Besides, this unit shows that choice plays an important role in determining company structure. Through this unit , we know more about the company. Unit 2 This unit is about leadership. It looks at the role of the leader. The role of a leader is to inspire and motivate staff and to develop talent within an organization. It focuses on the management style. The highlight is to use fear to manage talent. The fact that it’s easier to use fear-based management in sport than in business. Motivating talent through fear has both advantages and disadvantages, the important is how to use, when to use, use with whom. In conclusion, the leader's management style has a great influence on the efficiency /ɪˈfɪʃ.ənt/ and quality of the work. Unit 3 This unit is about strategy. It looks at the importance of strategy in business. Developing a successful strategy is a vital part of the planning process for all business organisations. It highlights Nike's Goddess strategy of changing how the company designed for, sold and communicated with women. It is important to set strategic objectives and to predict the human and financial resources needed to achieve them. In conclusion, Every company needs to have a smart vision and strategy for work to be highly efficient. /ɪˈfɪʃ.ənt/ Unit 4. This unit is about pay. It highlights executive /ɪɡˈzek.jə.tɪv/ pay. First of all, through the keynotes I can see that CEOS and top senior executives are sometimes referred to as fat cats because of the enormous pay packages and rewards they are offered when joining a company. These may include details of salary, pension. Next, in the article we can see that The late 1990s saw a trend, particularly in the USA, towards rewarding executives with stock options and other performance- related bonuses. This has become even more controversial since some top executives continue to receive huge rewards despite poor efforts and poor results. That all I can learn from the unit four