Article
The Corporate World
Understanding the structure of a company is the first step to checking in. From "Sole Traders" to "Multinational Corporations (MNCs)," every business has a hierarchy.
Departments A standard company is divided into functions: HR (people), R&D (Innovation), Sales (Revenue), Marketing (Brand), and Finance (Money). Knowing where you fit in the "org chart" helps you understand your role.
Revenue and Profit "Turnover" is the money coming in; "Profit" is what is left after "expenses." The goal is to maximize the "bottom line." Shareholders look for "ROI" (Return on Investment). These acronyms are the language of money.
Startups vs. Corporates Startups value "agility" and "disruption." They want to "scale" fast. Corporations value "stability" and "market share." They want to avoid "risk." The culture you choose defines your career path.