Project on Business Resources : Tesco Plc

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Added on 2020-06-06

Project on Business Resources : Tesco Plc

Added on 2020-06-06

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BUSINESS RESOURCES

Table of ContentsINTRODUTION..............................................................................................................................1PROJECT 1 RECRUITMENT AND RETENTION.......................................................................1P1 Describe the recruitment documentation used in a selected organisation..............................1P2 Describing employability, personal and communication skills for a specific job role...........2PROJECT 2 THE IMPACT OF NON-FINANCIAL RESOURCES..............................................3P3 Describe the main physicaland technological resourcesrequired.........................................3PROJECT 3 ROLE OF FINANCIAL RESOURCES.....................................................................4P4 sources of internal and external finance.................................................................................4P5Interpret the contents of a trading and profit and loss account and balance sheet..................5P6 Illustrate the use of budgets as a means of exercising financial control.................................5P7 Examining the financial state of the company........................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9

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Index of FiguresFigure 1 Person specifcation of Tesco's non-food manager.........................................................................2Figure 2 Break-even chart...........................................................................................................................6

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INTRODUTIONCompanies require variety of resources to carry out their regular functions such ashuman, physical, technological and financial resources. Tesco Plc is a large supermarket chainwho is serving global market place through its quality retail products and services. Presentproject report emphasizes on assessing the importance of range of human, physical,technological and financial resources required in Tesco Plc and how the management of theseresources can impact its performance. Moreover, it will examine the availability of internal andexternal sources of finance for the company and the importance of managing a budget for thelong-term success. PROJECT 1 RECRUITMENT AND RETENTIONP1 Describe the recruitment documentation used in a selected organisationJob description A job description sets out thepurpose of a job,where the job fits into Tesco’sorganizational structure, the main responsibilities of the job and the keytasks to beperformed. Ajob description will set outhow a particular employee will fit into the business unit (Ci-shengand Shu-ming, 2012). the title of the jobto whom the job holder is responsiblefor whom the job holder is responsiblea simple description of roles and responsibilitiesPerson specification A person specification sets out the skills, characteristics and attributes that a person needsto do a particular job. It is a candidate’s profile that pacifications details regarding necessaryskills, qualifications, experience or other attributes needed to carry out the job (Developing aHuman Resource strategy, 2014). It contains enough information to attract suitable peopleIt acts as a checking device to make sure that applicants with the right skills are chosen forinterview1

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