Business Resources of Asda : Assignment

BUSINESS RESOURCES

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
P1 Describe the recruitment documentation used in a selected organisation.........................1
P2 Describe the main employability, personal and communication skills required when
applying for a specific job role...............................................................................................2
P3 Describe the main physical and technological resources required in the operation of ASDA
................................................................................................................................................4
P4 Describe sources of internal and external finance for a selected business........................5
P5 Interpret the contents of a trading and profit and loss account and balance sheet for ASDA
................................................................................................................................................6
P6 Illustrate the use of budgets as a means of exercising financial control of ASDA...........8
Forecast of income and expenditure.......................................................................................8
Tool for decision making........................................................................................................8
Monitoring business performance of Asda.............................................................................8
P7 Illustrate the financial state of ASDA...............................................................................9
CONCLUSION .............................................................................................................................10
REFERENCES..............................................................................................................................12

INTRODUCTION
An economic or productive factor required to accomplish an activity, or as means to
undertake an enterprise and achieve desired outcome. Three most basic resources are land,
labour, and capital; other resources include energy, entrepreneurship, information, expertise,
management, and time. At the current report there are Asda business entity is chosen which
dealing in the retail sector. It shows about several kinds of skills as well as physical and
technological resources required in the for start and run the firm. Apart from this, it describes
sources of internal and external finance as well as contents of a trading and profit and loss
account and balance sheet for a selected Asda.
P1 Describe the recruitment documentation used in a selected organisation
Recruitment documentation for Sales Assistant
Sales assistants can be found in a variety of retail venues and locations, from small retail stores
on a High street to large superstores in shopping malls. The job requires a high level of customer
interaction, meaning sales assistants should have good customer facing and communication skills
(Amess, Stiebale and Wright, 2016).
Job Description
 Greeting customers who enter the shop.
 Be involved in stock control and management.
 Assisting shoppers to find the goods and products they are looking for.
 Being responsible for processing cash and card payments.
 Stocking shelves with merchandise.
 Answering queries from customers.
 Reporting discrepancies and problems to the supervisor.
 Giving advice and guidance on product selection to customers.
 Balancing cash registers with receipts.
 Dealing with customer refunds.
 Keeping the store tidy and clean, this includes hovering and mopping.
 Responsible dealing with customer complaints.
 Working within established guidelines, particularly with brands.
 Attaching price tags to merchandise on the shop floor.
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 Responsible for security within the store and being on the lookout for shoplifters and
fraudulent credit cards etc (Aquino and et.al., 2013).
 Receiving and storing the delivery of large amounts of stock
 Keeping up to date with special promotions and putting up displays.
Person Specification
  Having a friendly and engaging personality.
  Comfortable working with members of the public.
  Should have a confident manner.
  Must be helpful and polite.
  Assistants should be physically fit as they will be on their feet for most of the day and
may be required to lift large amounts of stock.
  You should have a comprehensive understanding of your area of sales i.e. retail, Fast
Moving Consumer Goods, sports equipment etc.
  Able to work as part of a sales team.
  Knowledge of inventory techniques.
  Should be of a smart appearance and articulate (Himme and Fischer, 2014).
P2 Describe the main employability, personal and communication skills required when applying
for a specific job role
Employability skills
Generally speaking, there are eight skills that employers want their employees to have
with a special consideration of Sales Assistant in ASDA-
1. Communication
2. Teamwork
3. Problem solving
4. Initiative and enterprise
5. Planning and organising
6. Self-management
7. Learning
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