Business Resources INTRODUCTION 3 TASK 13 P1 Recruitment Documentation needed in an organisation

Business Resources

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Recruitment documentation utilised in a firm...................................................................3
P2 Main employability, communication & personal skills needed when applying for a
particular job role...................................................................................................................5
P3 Physical and technological resources needed in operation of an organisation.................6
P4 Sources of internal & external finance for business firm..................................................6
TASK 2............................................................................................................................................8
P5 Interpretation of trading, profit & loss account and balance sheet for firm.....................8
P6 Use of budgets as a means of exercising financial control of company.........................10
P7 Illustration of financial state of business.........................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
.......................................................................................................................................................14

INTRODUCTION
Business Resources refers to the productive or economic factor needed to attain an
activity or as way to undertake a firm and accomplish desired outcomes. The most basic
resources includes Human, financial, physical and technological resources which are required by
every business firm in order to carry out its activities and functions in an effective & efficient
manner (Chaffey and White, 2010). The present assignment is based on Blue Inc which is one of
the rapidly growing UK based fashion retail store. This report covers recruitment documentation
used in hiring process of new staff as well as required skills when applying for particular job
role. It also includes the resources needed in business operations and sources of finance for
specific firm. At last, financial statement of firm is interpreted, problems are identified and ways
are suggested to minimize cash deficit.

TASK 1
P1 Recruitment documentation utilised in a firm
The given organisation in this assignment is Blue Inc which is the fashion retail chain
based on United Kingdom. Currently, firm operates its 250 stores all across the UK and is the
fastest growing retailer in young fashion market. For every business organisation, human
resource is an essential part. Managing them in proper way assists firm in performing its
operation and activities smoothly (Cascio, 2018). So, it is essential for firm to recruit skilled and
knowledgeable manpower which assists in attaining its objectives. Some document that are
required for recruiting employees includes job description and person specification which are
defined below:
Job Description
Job Title: Store manager Store Name: Blue Inc.
Type of Role: Permanent Hours: Full Time
Salary: Up to £27000 p.a. Last Date: 12/07/2018
Working with Blue Inc.
Blue Inc is rapidly growing fashion retail chain of UK and is performing its business activities
by internet platform as well. Therefore, there is a good management of work so, various
opportunities are provided by firm to its workforce in terms of their growth and development as
well as enhancing skills and abilities. Store manager will be needed to work with administration
of Blue Inc for attaining operational goals.
Competencies:
 Good communication
 Team work
 Decision-making & judgment
 Team work
 Customer focus
Job Duties:
 Assist in clear communication among retail floor & office staff.