Company Structure Bat Is Controlled By A Board - 1385 Words

Company structure: BAT is controlled by a board which is responsible for the vision and strategic direction of the company, which include—group policies, major corporate activities, annual report approval, budget, etc102. Below the board, there are two main boards as shown below103. Management Board – responsible for the implementation of the group’s strategy and policies, the framework for daily operations of operating subsidiaries. This board consists of 12 senior group executives, the financial director, and chaired by the chief executive. Next-Generation Products (NGP) Board – focuses entirely on non-combustible tobacco and nicotine-based products. This group is comprised of both the financial director, managing director, and chaired by the chief executive. In addition, there are four main committees104 Audit Committee – responsible for the group’s financial statements and formal statements regarding the company’s performance; group’s accounting policies; effectiveness of the group’s accounting; internal audit functions; and external auditing. Corporate Social Responsibility (CSR) Committee – responsible for the overall management of CSR; the group’s strategy and management of significant social, environmental and reputational issues; sustainability; and effectiveness of CSR governance. Nominations Committee – responsible for reviewing the structure, size, and composition of the company’s boards; procedure for appointing directors;Show MoreRelatedCarbon Nanotubes : Methods Of Preparation And Applications1364 Words   |  6 Pagesnanotubes are synthesised. In producing of CNTs by using CVD method , catalyst helps to CNTs to grow from at surfaces. 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