Operations Management in Tesco - 5444 Words

OPERATIONS MANAGEMENT AT TESCO PLC: MANAGING FINANCE, PEOPLE AND INFORMATION TECHNOLOGY AT THE ORGANISATION Abstract In this assignment, we will take the case of Tesco to understand the strategies it used to manage finance at the company. The second part of the assignment will concentrate of the human resource management practices adopted by Tesco and the finance part of the assignment will be concerning the information system strategy at Tesco. Table of Contents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 PART A: Managing Finance†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 PART B: Managing People†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.8 PART C: Managing Information†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦16 Introduction In this†¦show more content†¦A financial abatement mainly consists of four main components which are balance sheets, profit and loss account, cash flow statements and income statement. Each component has different function which can be lined out as: Balance Sheets: It provides the financial situation of the company as a whole. It records the tangible and intangible goods that the company owes or owns. The three categories in a balance sheet are assets, liabilities and shareholders’ equity. The assets are basically categorised in to current assets, fixed assets and other assets. The liabilities section of the balance sheet consists of current liabilities and long term liabilities. The shareholders equity represents the net worth of the company. In balance sheet, the shareholder’s equity is calculated as the sum of liabilities and net worth. Profit and Loss Account: it summarizes the incomes and expenses of a company in a given period of time. This includes accruals which are incomes that will be realised only after the particular profit and account was prepared. Cash Flow Statements: These statements are very important to predict the future flow of finance in the company. The cash flow statement is concerned with understanding if there is enough money for all the activities and expenses of the company and stands as a good measure for a company’s liquidity. Income Statement: The income statements are used toShow MoreRelatedOperations Management in Tesco1597 Words   |  7 PagesWhy is Operations Management so important in this organisation? In order to define why Operations Management is needed in an organisation knowledge of operations management is required. Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It includes the responsibility of ensuring that business operations are efficient by using as few resources as needed, and effective in termsRead MoreTesco Logistics and Operations Management584 Words   |  2 PagesWhat is operations management? â€Å"Operations management is key to achieving competitive advantage for organizations, whether they are in manufacturing industry or service industry. 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Human Resource Management employee s people, build up their resourcesRead Morebusne1365 Words   |  6 PagesDue 7/02/2014 Aim The aim of this report is to analysis a case study about an organization called Tesco. In this analysis, I will discuss the purpose of the key business function in the organization. Furthermore, I will analyze the power-grid interest of Tesco’s stakeholder. In addition, I will analyze the key issue in the managing stakeholder. Finally, I will show a SWOT analysis of Tesco. Introduction The business industry is getting wider and competitive. According to HannaganRead MoreData and Technology in Business1053 Words   |  4 PagesData and Technology The successful companys activities (management) are related to collection, storage, and analysis and interpreting data. The purpose of data collection is to get hold of information and to continuously record and to make decisions on key issues. Data collection is the storage of data and prepare for the future process. 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Horace Gregory s Short ( But Perfectly Formed D. H....

CHAPTER TWO Inquisitive D. H. Lawrence versus Anally Retentive Mr. Freud Horace Gregory’s short (but perfectly formed) D. H. Lawrence: Pilgrim of the Apocalypse (1933) explains how Lawrence’s two essays on psychoanalysis were motivated by his desire to understand. What he needed to understand was why he was as he was; how the development of masculinity and gender identity were influenced and how obstacles such as an over-possessive mother might impair these developments. Hence, his works on psychoanalysis were not written to be an acceptance of Freud’s doctrines but rather a critical approach to them. Gregory maintains the Lawrence’s essays on psychoanalysis ‘offered him the means of checking-back results of his convictions, and †¦Ã¢â‚¬ ¦show more content†¦What has to be realised, therefore, is that Lawrence’s introduction to psychoanalysis is different to his introduction to Freud and the two should not be confused. Arguably, though, on the question of understanding the influences on shaping oneâ₠¬â„¢s masculinity and gender identity, Lawrence’s encounters with Freud’s work were a turning point for him. Indeed, his assessments of Freud were that he was a pan-sexualist, that is, one ‘who makes sex accountable for everything,’ and his ‘reasoned’ assessment of Freud (and his work) was that he was a ‘psychiatric quack.’ Ironically, although sections in Sons and Lovers deal with situations that closely suggest what Freud called the Oedipus complex, Lawrence had written the book before he came to Freud’s work and before he mentioned Freud in his letters. Therefore, when we talk of the book’s oedipal quality and analyse Lawrence’s assessment of gender identity through Freudian psychology, this obviously presents its own problems. That is not to say such a quality does not exist in the book. It does; but Lawrence did not write with the criteria of Freud’s Oedipus complex in mind. Lawrenceâ€℠¢s theories about the role of the mother and her influence on masculine development must therefore have been coloured by other reading. Some of what Lawrence had read up to this point is documented by Jessie Chambers.

The Adventures of Huckleberry Finn Satire Free Essays

Mark twain is one of the best writers to use satire in his novels. In the novel The Adventures of Huckleberry Finn, the author puts in a lot of angry and bemused satire. In this essay I will tell you some bemused satires and angry satire that the author uses. We will write a custom essay sample on The Adventures of Huckleberry Finn: Satire or any similar topic only for you Order Now I will also tell you what I think it means. â€Å"Oh yes this is a wonderful government, wonderful why looky here, there was a free nigger there from Ohio†¦Ã¢â‚¬ ( The Adventures of Huckleberry Finn Pg. 32). Pap said this right after he saw a free African American walking by. Pap also says â€Å"He had the whitest shirt on you ever see, too, and the shinest hat; and there ain’t a man in that town that’s got as fine clothes as what he had†¦Ã¢â‚¬ (pg. 32). He says this after he visited Huck. So what is Mark Twain trying to tell us here? I think he is trying to tell us that the people hate to see a slave walking freely, with better clothes then they have. The white people hate to see a black man living a better life then the white people. He is also mocking on how the northern states have outlawed slavery, and how the southern states couldn’t do anything about it. This is angry satire because mark twain is angry at the people and the people and the government. Tom and Huck found the money that the robbers hid in the cave, and they both got 6 thousand dollars apiece from it. Huck at that time lived with the widow but he didn’t like it so he ran away. The author stated â€Å"But tom sawyer, he hunted me up and said he was going to start a band of robbers, and I might join if I would go back to the widow and be respectable†(pg. 3). I think that Mark Twain is saying that when we were kids we were silly. The author says â€Å"Now says Ben Rogers, what’s the line of business of this gang? Nothing only robbery and murder, Tom said†(pg. 11). Mark Twain is trying to tell us that when we were kids we were stupid and had a big imagination. This is a bemused type of satire because it is funny how the kids acted. So far I have told you some of the author’s bemused and angry satires. I have also told you what I think these Quotes mean. Now that you have seen them, the author used a lot more good ones in the novel. Now it is your turn to try to find satire quotes in the novel. How to cite The Adventures of Huckleberry Finn: Satire, Essay examples