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Companies Business Activities
1. Describing business activity of any company it is necessary to know that companies can belong to different sectors of economy.
2. Thus, companies can provide services or sellgoods to the public (retailers) or to be involved in media sector. Those companies, that producegoods, are called manufacturers.
3. Some companies focus on one main activity, for example, ACKA which specialises ininsuranceservices in Ukraine.
4. The others are diversified, that means they are involved in different industries.
5. One of the well-known diversified companies is General Electric, which creates and produces technological products, offers financial and media services and operates in more than 100 countries.
6. Another international company is Frognation. It creates soundtracks, designs and translates Japanese video games for UK market, representsproducers with great ideas to big companies.
7. The co- founder of Frognation is Lynn Robson. She is responsible for the UK office and providesadvice on good strategies for Britain and Japan.
8. She has a lot of work experience in dealing with the business partners from different countries and she says that working with international teams has both advantages and disadvantages.
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9. As you know, nowadays many companies employ teams who work together across borders and time zones and communicate by email.
10. In such cases it is important to avoid misunderstandings.
11. If the colleagues from different departments have good relationships based on trust, they can assist and appeal to each other in case they find out any problems.
12. Setting up business you should remember that personal relationships of your team may influence greatly on sales and even activity of your company in general.
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