Looking at Corporate Governance in TESCO Plc

Looking at Corporate Governance in TESCO Plc Corporate governance basically is a kind of concept that has been described with thousands of definitions because of its relations to economic positions of the companies.The most basic ones that can be conceptualised are as Corporate governance is a system that regulates efficiency in management of business companies involving of certain codes of practice,contracts and legislations. Corporate Governance are the policies, procedures and rules governing the relationships between the shareholders, (stakeholders), directors and management of a company, as defined by the applicable laws, the corporate charter, the companys bylaws, and formal policies. ZAWAIDEH, M. (2003).Definition of Corporate Governance [WEBSITE].AVAILABLE FROM: https://www.xing.com/net/balancedscorecard/2-insights-4642/definition-corporate-governance-1813244/ [ACCESSED:8 NOV 2009]. Corporate Governance in TESCO Plc. Corporate governance of a company encompassing with high defined values and plans i.e efficient discharge of board responsibilities towards the interest of shareholders can produce good performance.if the basic principles or codes of practice of corporate governance is not followed may lead to deterioration in the economic and financial performance of a company. Corporate governance under Combined code in TESCO plc. can be summarised by dividing into sub-categories. Effective board Chairman and executive having their own responsibilities Balance and Independence of directors Appointments of directors Committees Nomination committee Audit Committee Renumeration Committee Board performance evaluation Risk management and Internal Controls Effective board of any company forms the backbone towards good performance and stability of company. Consistent growth and success of Tesco plc. during recent years shows that company has potentially qualified and highly experienced board of directors.Moreover taking consideration into Tesco plc. annual report it is also clearly visible that board of directors are aware of goals and objectives related with the company. Northcote Internet Pvt Ltd(NO DATE).Tesco Plc. [WEBSITE].AVAILABLE FROM. http://www.northcote.co.uk/company_links/by_sector.asp?SIT=1SID=12SDL=NI02770. [ACCESSED:9 nov 2009]. Chairman and chief executive officer form as two main pillars of the company. Vital activities necessary in smooth progress of the company depends on the shoulders of chairman and chief executive officers. Company having, chairman and chief executive officers, distributed responsibilities and accountabilities fall under provisions of good governance. Considering Tesco plc. set of responsibilities and duties for chairman(Sir David Reid) and chief executive officer(Sir Terry Leahy) are very well distributed therefore avoiding any way of decisions to be taken by a single person.The shareprice of the company is also maintaining good consistency ,because of trustworthy relations between shareholders and chairman. Morningstar (NO DATE) Tesco Impresses with First Half Results (Management and stewardship). [WEBSITE].AVAILABLE FROM: http://www.morningstar.co.uk/uk/news/article.aspx?lang=en-GBarticleid=82979categoryid=660 [ACCESSED:9 NOV 2009]. Balance between the directors in the board is one key point in maintaining the stability and financial progress of the company. if the balance between the board of directors in a company is not present, the company cannot flourish unanimously. Taking consideration into tesco plc,the company has 15 members in the board where eight are executive directors and seven are non-executive directors. According to combined code atleast half of the board should be comprised of directors that are independent and there should be balance, whereas in case of Tesco plc balance between board of directors is not attained,this also raises the question of independence among the directors. Appointment of board for a company is another essential footstep that has to be followed on a regular basis in order to maintain the standard of required skills and experience. Generally the election in a company is held annually, which is the best way of practising and complying with combined code. In accordance with Tesco plc the election of board is held every three years,which is not very well regulated. Morningstar (NO DATE) Tesco Impresses with First Half Results (Management and stewardship). [WEBSITE].AVAILABLE FROM: http://www.morningstar.co.uk/uk/news/article.aspx?lang=en-GBarticleid=82979categoryid=660 [ACCESSED:10 NOV 2009]. The Committee structure provides company to perform in parts and give out united results by concentrating on key areas.cosidering Tesco plc. ,it is divided into three important committees namely Nominations Committee Remumeration Committee Audit Committee Nomination committee The Committees purpose is to mould the approach of TESCO to concerns of corporate governance and, from time to time, to review such approach and make recommendations to the Board of TESCO in respect of such matters. In addition, the Committee shall advise the Board on corporate governance and related matters.the committee is chaired by David Reid.as it can be percieved re-election in tesco happens to be every three year so nomination process needs to be improved ,may be it can be reduced to one year process which can explore new talents and experiences Audit committee The Committees purpose is to represent and assist the Board of Directors with oversight of the integrity of TESCOs accounting and financial reporting processes (including related internal controls) and the audits of the financial statements of TESCO. Management is responsible for the TESCOs accounting and financial reporting processes. The external auditors are responsible for the audit within accepted auditing standards of TESCOs accounting and reporting process and reporting the results of that audit to the Committee. Tesco Corporation(2008).Audit committee charter. [WEBSITE].AVAILABLE FROM: http://www.tescocorp.com/data/1/rec_docs/523_Tesco%20Audit%20Committee%20Charter%2007-05-18.pdf [ACCESSED ON:11 nov 2009] Remuneration Committee Remuneration committee is basically designed for remuneration of directors,employees or staff in a proper and efficient way.In a statement, Tesco said: Remuneration for the main board reflects the highly competitive environment in retail and the need to recruit and retain the best people.An independent remuneration committee approves rewards, linking them to challenging long-term performance targets. If these targets are not met, the rewards diminish. Breakingnews.ie(2003).Tesco chief gets 15% pay and benefits boost. [WEBSITE].AVAILABLE FROM: http://www.breakingnews.ie/archives/2003/0511/business/snidojeykf/ [ACCESSED ON:11 NOV 2009]

Educational Goals and Philosophy :: Teaching Education Careers Essays

Educational Goals and Philosophy How do I feel about teaching? I feel that the most important career an individual could choose would be education. Teachers play an important role in the lives of young children. They help shape and mold the world's future citizen that will run companies, be politicians, doctors, lawyers, teachers, electricians, construction workers, or whatever they desire. I feel that the most important role of a teacher is to provide children with the best possible education that is available. Teachers need to help young children learn and work up to their potential to be a productive, responsible citizen in society today. There are many strategies to use when providing the students with an appropriate education that meets all the individual's needs. I believe that the Greek philosophers Socrates, Plato, and Aristotle all played an important role in shaping the educational system. I basically agree with Socrates philosophy because he promoted intellectual insights in his students. The Socratic method was a challenge in Socrates time as it is today because people don't like change. They are hesitant when it comes to new approaches or strategies to teach the curriculum. Many educators still tend to use the conventional ideas and traditions to teach subject matter as opposed to keeping up with the current trends and technologies today. I also agree with parts of Plato and Aristotle's philosophies. I feel that a combination of the three would benefit any teacher. Progressivism is respect for individuality. My hope is to allow for this in my classroom. As I enter into the educational field and acquire more knowledge, I began to realize how different individual's needs are and how different methods have to be used to get across concepts being taught. Howard Gardner identified eight kinds of intelligences. The quality of a student's performance depends greatly on how they learn. I hope to meet all my student's needs by incorporating a wide variety of techniques in my lesson plans. I will use cooperative learning groups, peer tutoring, teach - reteach methods, hands - on activities, and the use of technology. I will be open - minded to any suggestions or any new approaches that may arise.

How to Write a Descriptive Essay

A lot of folks depict paradise as lying on some remote island overlooking a stunning sunset while feeling the sand between their toes. My conception may be somewhat different than most people. I can envision beaming music, and people as they frolic. Where the party never stops, it keeps going and going like the Energizer bunny. The scenery will be the most divine of anything on this earth, more so than overlooking the flawless, sugarcoated snow covering the Rocky Mountains.Oh, my, the aroma coming from that city- like freshly cut bouquets of flowers on a sunny spring day. Forget about having a foul taste because it will leave only an everlasting angelic savor in your mouth. Paradise to me is cheerful music and people also, it has the most beautiful scenery one can only imagine. All the masses of people would start getting together holding hands in a circle with Jesus in the middle and start singing in a heavenly language. The city is filled with thunderous sounds of every instrument one can imagine.Then, the angles pick up tambourines hitting them in rhythm along with the music, while people start dancing before the Lord. All of a sudden, Peter, Paul, Job, and all the great men and women of God lift up their hands and sing out with all of their capacity to Jehovah Jireh. A rainbow is prolonged across the land. It has the brightest colors of blue, yellow, pink, and orange. It is so beautiful; the majestic colors make one want to reach out and touch it. A huge waterfall sets at the edge of New Jerusalem.The water is so clear one could see a speck of dust traveling down to the bottom. As the water surges down to the base, it makes a voyage around the frame of the city. I can picture blankets of flowers all over the place for it illuminates the whole location and adds gaiety. Oh, how breathtaking the aroma is over there. The fragrance is a mixture of jasmine, magnolia, and lilacs. The savoriness is a touch of sweetness, like getting a honeysuckle off of the vine an d putting it on your tongue for the first time.Or the elation a baby gets from consuming a chocolate bar, and savoring every minute of it. Some would say paradise for them would be anywhere they view beautiful. But for me heaven is my paradise my future home. I can only imagine what the Lord has in store for me when I get to that great city. Until then I can only dream. But what I really want more than anything is to see Him and crown Him Lord of Lords and King of Kings. More importantly, my paradise would not be heaven without Him because He is the one that is truly paradise.

The Story of Jessie Redmon Fauset

The Story of Jessie Redmon Fauset Jessie Redmon Fauset was born the seventh child of Annie Seamon Fauset and Redmon Fauset, a minister in the African Methodist Episcopal church. Jessie Fauset graduated from the High School for Girls in Philadelphia, the only African American student there. She applied to Bryn Mawr, but that school instead of admitting her helped her to enroll at Cornell University, where she may have been the first black woman student. She graduated from Cornell in 1905, with a Phi Beta Kappa honor. Early Career She taught Latin and French for one year at Douglass High School in Baltimore and then taught, until 1919, in Washington, DC, at what became, after 1916, Dunbar High School. While teaching, she earned her M.A. in French from the University of Pennsylvania.  She also began to contribute writings to Crisis, the magazine of the NAACP. She later received a degree from the Sorbonne. Literary Editor of the Crisis Fauset served as literary editor of the  Crisis from 1919 to 1926. For this job, she moved to New York City. She worked with W.E.B. DuBois, both at the magazine and in his work with the Pan African Movement. She also traveled and lectured extensively, including overseas, during her tenure with the  Crisis.  Her apartment in Harlem, where she lived with her sister, became a gathering place for the circle of intellectuals and artists associated with Crisis. Jessie Fauset wrote many of the articles, stories, and poems in the  Crisis  herself, and also promoted such writers as Langston Hughes, Countee Cullen, Claude McKay, and Jean Toomer. Her role in discovering, promoting, and giving a platform to African American writers helped to create an authentic black voice in American literature. From 1920 to 1921, Fauset published  The Brownies Book, a periodical for African American children. Her 1925 essay, â€Å"The Gift of Laughter,† is a classic literary piece, analyzing how American drama used black characters in roles as comics. Writing Novels She and other women writers were inspired to publish novels about experiences like their own when a white male novelist, T.S. Stribling, published Birthright in 1922, a fictional account of an educated mixed-race woman. Jessie Faucet published four novels, the most of any writer during the Harlem Renaissance:  There Is Confusion  (1924),  Plum Bun  (1929),  The Chinaberry Tree  (1931), and  Comedy: American Style  (1933).  Each of these focuses on black professionals and their families, facing American racism and living their rather non-stereotypical lives. After theCrisis When she left the  Crisis in 1926, Jessie Fauset attempted to find another position in publishing but found that racial prejudice was too great a barrier. She taught French in New York City, at DeWitt Clinton High School from 1927 to 1944, continuing to write and publish her novels. In 1929, Jessie Fauset married an insurance broker and World War I veteran, Herbert Harris. They lived with Fausets sister in Harlem until 1936 and moved to New Jersey in the 1940s. In 1949, she briefly served as a visiting professor at Hampton Institute and taught for a short time at Tuskegee Institute. After Harris died in 1958, Jessie Fauset moved to her half-brothers home in Philadelphia where she died in 1961. Literary Legacy Jessie Redmon Fausets writings were revived and republished in the 1960s and 1970s, though some preferred writings about African Americans in poverty rather than Fauset’s depictions of an elite.  By the 1980s and 1990s, feminists had refocused attention on Fauset’s writings. A 1945 painting of Jessie Redmon Fauset, painted by Laura Wheeler Waring, hangs in the National Portrait Gallery, Smithsonian Institution, Washington, DC. Background, Family: Mother: Annie Seamon Fauset Father: Redmon Fauset Siblings: six older siblings Education: High School for Girls in PhiladelphiaCornell UniversityUniversity of Pennsylvania (French)Sorbonne in Paris Marriage, Children: Husband: Herbert Harris (married 1929; insurance broker)

The Harry Potter Is it really a harmless fantasy Professor Ramos Blog

The Harry Potter Is it really a harmless fantasy The Harry Potter stories have been opposed or objected by some Christians since its inception especially on the subject of its viability as a children’s film. The movies as well as the novels have become a personal favorite for many children around the world. This is backed up by the fact that the Harry Potter series was translated into over sixty languages for all children around the world. The movie was also rated as one of the top blockbuster movies in the world. Harry Potter and the Sorcerer’s Stone is the first book in the series written by J. K. Rowling. The book was written in 1997 whereas the movie was produced in 2001. However, despite being a favorite among many, the book has made many Christians being antagonistic about it because it contradicts the Bible teachings regarding the practice of witchcraft and such, wherein the passage can be found in Deuteronomy 18:9-13. As a result, a number of authors came forward to give an evaluation of the movie on whether i t was appropriate for children. The movie has some of the most renown and amazing actors. For instance, professor Snape’s character was well delivered. However, his level of acting would have been more appealing to a young adult rather than a child. Consequently, there are more hilarious parts of the movie such as scenes with Hagrid. This would be more appealing to children. Additionally, the movie has aspects of adventure and suspense that would more than likely intrigue a child. According to Marcia Montenegro, all adventurous scenes are enjoyable and innocent if one chooses to ignore the purpose of the story (1). The growing consensus of Harry Potter stories being linked to Christianity prompted Rowling to deny that her books were intended to convert people to Christianity. According to Granger, a few years back, some Christian critics of the series alluded that Harry Potter was not a Christian and that the books were detrimental for children (11). This conclusion could be gathered from the fact that there are some pretty scary scenes that would not be suitable for children under the age of ten. The scenes that are dubbed scary for younger children include: the part where a dog with three heads starts to chase Harry, Hermione, and Ron; the part where they have to participate in a live chess game; when the three also get entangled in crawling plants defined as the devil’s weed; and lastly, the scene that for sure got all the kids shivering in their blankets, when Lord Voldemort is revealed. The movie is about Harry learning his way around magic. All the children at Hogwarts are there to learn more about the occult arts. Even though the spells were incomplete the movie still showed how these spells were performed. In addition, there is the inclusion of ghostly figures floating around the rooms as well as moving portraits and stair cases. There is also the invisible cloak that allows Harry to walk around unnoticed which leads him to a mirror that allows him to communicate with his dead parents. Montenegro believes that all these scenes create an obscure atmosphere which is unchristian like (4). She perceives that all the spells involved in the movie may make a majority of parents to consider exposing their children from such (3). The actions of the adults in the movie are also depicted to be questionable. For instance, as a way of punishment the children are sent to the Forbidden Forest. Something forbidden is something that should not happen or should not see the face of the earth. Nonetheless, Hermione, Harry, Neville and Malfoy are sent to that forest with Hagrid. On the other hand, Granger says that the Harry Potter novels were not written for Christians nor were they meant to convert nonbelievers into Christians. He further states that the book was not solely written for the purpose of spreading the Gospel (11). However, Mircea Eliade argues that human beings are naturally spiritual which leads us to automatically denying anything that is secularized (45). In this book, Harry Potter and the Sorcerer’s Stone, we find that Harry ends up breaking a majority of rules. For instance, the incidents that led him to be elected as the new seeker of the Quidditch team. It all starts when Neville gets injured during practice and the teacher in charge has to take him to the nurse, she clearly instructs the children to remain put a rule that Harry chooses to ignore. He decides to follow Malfoy in order for him to retrieve Neville’s property despite the fact that it was not necessary. Another situation, when Harry wants to go see Hagrid and Ron tries to prevent him by reminding him, â€Å"But McGonagall said we’ve got to stay in our tower unless we’re in class† (192). Majority of parents feel that it is encouraging their children to practice disobedience. Most of the reviews conducted have stated that the movie depicts the book, which is not entirely true. There are scenes from the novel that have been eliminated in the movie. The first disconnect appears in the forest when Harry meets the centaur. In the novel, the centaur speaks praises concerning astrology whereas it was left out in the movie. The second incident happens when Dumbledore informs Harry that Flamel will die. However, according to the book, Dumbledore tells Harry that, â€Å"to the well-organized mind, death is but the next great adventure (Rowling, 100).† This statement is perceived to be a key passage as Harry repeats it over and over again in the story. In this case, death is depicted as something adventurous as well as a rite of passage before reincarnation. Life after death was also depicted to be a place that encompasses an individual with more spirituality and knowledge. Christians on the other hand, do not speak about death approvingly even though it is an avenue for them to reunite with Jesus Christ. The fact that the directors intentionally left out the line from the novel leave a lot of room for speculation. Could they have depicted it to be too much for a child? Could it be that the directors wanted to hide it from parents who have not yet read the book? Conclusion All of J.K Rowling’s books have become a sense of wonder for both the young and the old. The movie series have consequently broke its bars of success. Although many parents might not agree with the scenes involved, it is still a good book. A majority of people in the USA and other countries have grown up reading this book. Harry Potter and the Sorcerer’s Stone is a good movie for audiences that are above ten years. However, as parents, we should be mindful and try not to expose our children to all that the popular culture has to give. I believe this is the main reason the movie is â€Å"PG† and not just â€Å"G† because it really does need the parents supervision. I guess it would not hurt Rowlings or Columbus reputation if I give it a 3/5. Eliade, Mircea. The sacred and the profane: The nature of religion. Houghton Mifflin Harcourt: New York, 1987, pp. 8-216. Granger, John. How Harry Cast His Spell. Carol Stream, IL: Tyndale House Publishers, 2008, pp. 1-280. Harry Potter and the Sorcerer’s Stone. Dir. Chris Columbus. Perf. Daniel Radcliff, Rupert Grint, Emma Watson, Robbie Coltrane, Maggie Smith, and Richard Harris, Warner Bros., 2001. Film. Rowling, J. K. â€Å"Harry Potter and the Sorcerer’s Stone.† Scholastic Press, 1998, pp. 1-391. Montenegro, Marcia. â€Å"The Harry Potter Movie: Harry Potter and The Sorcerer’s Stone. Christian Answers for the New Age, pp. 1-5.

Collaborative Model of Criminal Justice Essay Example | Topics and Well Written Essays - 4000 words

Collaborative Model of Criminal Justice - Essay Example Interest in the field hastened in the 20th century with the universal establishment of police force, crime management and control. According to Hirsch and Gottfredson (1990), the study of crime has evolved from being a corollary or application of social science into being a distinct field with the recognition of the impact of crime and victimization to society as well as in consideration of its operation as a social institution in ensuring peace, order and stability. However, the premise that crime as a social construct and individual criminality is not at question, has not been absolute or indistinguishable amongst criminological theories. As Estrada (2004) points out, perspectives have changed significantly over time, as indicated by changes in policies. The need to understand the similarities and contradictions is not so much to establish distinctions between sets of theories but rather to develop insights on the modes or perceptions regarding crime, society and individuals over t ime. Before the 20th century the prevailing theories on crime considered individualistic perspective on the development of crime. The motivation to commit criminal acts was considered to be due to the perceived rewards or gains of the acts. In such a setting, the offender actively and deliberately chooses to commit the crime to fulfill a personal desire, derive reward or to pursue an interest. One of the challenges of such a perspective is that there is limited consideration for the development of criminal behaviors or the factors that contribute to their prevalence or the means preempting crime beyond control measures. Shedler and Westen (2004) believe that there the current perspective on crime, particularly regarding its sociological development still need retooling to accommodate personalities that do not comply with models. One aspect that they refer to is that though there is recognition of conscious and unconscious mind of an individual as well as collective consciousness with the development of psychoanalytic perspectives, there is till a significant reliance on models or archetypes. This in turn may limit cultural or social sensitivity which is a critic cal component of crime as a social construct. Similarly, there are some studies indicating that though general personality theories utilizing psychoanalysis may be sufficient for assessment purposes, they may not provide the same level of insights for the development of interventions or therapy (Jackson, 2004). The sociological study of crime developed in the 1940's. Influenced by Freudian psychoanalysis and psychoanalysis, the proposition was that individuals are influenced by their social experience and thus, their desires and motivations can be linked to social developments and issues (Plotnik, 2005). In sociological approaches in the criminology, the perception is that crime is not just individually motivated, going beyond personal choice, motivations, desires or rewards (Brown, 2003). It also diminishes the significance of biological characteristics as precursors of crime. As strange as it may seem based on contemporary knowledge, a number of studies prior to the development of organized police in Europe were conducted to compile physical characteristics of offenders, one of the earliest efforts in profiling (Plotnik, 2005; Oberwittler & Hfer, 2005). Furthermore,

Appraise Project Management Process Groups Essay

Appraise Project Management Process Groups - Essay Example The executing group enhances timely dissemination of information to the stakeholders, for quick decision making and timely end of the project (Dinsmore & Cabanis-Brewin, 2011). In fact, the executing process group implements the cost management policies, integration management policies, procurement management policies and other policies made in the planning process. Consequently, human resource management is well taken care of in then executing the group of project management process. Controlling activities aim at monitoring the execution of the project. Controlling process group monitors the project performance. Controlling activities can be applied in monitoring the cost management, procurement management, the human resource management and other types of management in a project. In case of any deviation from the main objective, adjustments are made to fix the problem. Controlling process aids in the timely application of risk management strategies to cover future uncertainties. The controlling group coordinates the alterations that may arise in course of the project. Additionally, the controlling process group keeps a close check on the performance of all the stakeholders to determine whether they work in conformity to the project’s objective. Closure of the project process is the last group. This project management process involves the termination of all activities. The process validates the completion of the project. The elements of this group are management and project closeout procedure.